Asian stocks saw a slight rise on Friday. Japanese and South Korean markets gained as others remained closed for holidays. Silver reached a record high, and gold neared its all-time peak. This movement extends a year-end rally. Investors are watching for a ‘Santa Claus Rally’ to push stocks higher. China’s yuan strengthened past 7 per dollar.
Wait for dust to settle before taking fresh bets, says Maulik Patel
Geopolitical tensions and market swings prompt caution for investors. Maulik Patel of Equirus Securities advises patience, suggesting a wait-and-watch approach. He notes current crises differ