Asian shares saw a modest rise, with Japan’s Nikkei extending its record run on a weaker yen amid reports of a snap election. US equities dipped as JPMorgan’s earnings missed guidance, and inflation data reinforced expectations of a Federal Reserve rate pause. Traders await a potential Supreme Court ruling on President Trump’s tariffs.
Gold heads for weekly loss amid oil-driven inflation concerns
Gold prices held steady Friday, but a weekly dip was likely as soaring oil prices fueled inflation concerns, impacting interest rate expectations. Meanwhile, geopolitical tensions