Asian equity markets cooled off at the open today as investors paused after a recent global rally. Major indexes in Japan and South Korea slipped from record highs while Australia’s markets also opened lower. Broad enthusiasm stemming from U.S.–China trade hopes and strong U.S. tech earnings has taken a breather.
Meanwhile, gold prices fell more than 3 % and dipped below US$4,000 per ounce, as the dollar edged higher and traders shifted toward risk assets.
With key events ahead—including earnings from mega-cap tech companies and upcoming central-bank decisions—traders are treading cautiously.
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