Asian stocks saw a tentative rebound Tuesday after Monday’s selloff, with cryptocurrencies leading declines in global risk assets. Investors are watching Japanese government bond auctions and the distressed Chinese builder China Vanke, as markets begin December with caution amid significant crypto liquidations and rising Treasury yields.
Global Market Today: Oil falls, Asian stocks rise as Iran tensions ease
Global markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treasuries gained as