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Asia equities rally after U.S. bank reports; gold extends upward on safe-haven demand
Asia stocks rally with U.
Asia markets broadly gained, mirroring Wall Street’s optimism powered by strong U.S. bank results and tech demand. The Nikkei rose over 1%, while Taiwan and Korea touched record levels. China and Hong Kong markets were mixed amid ongoing trade tensions. Gold hit fresh highs as investors sought safe havens amid global uncertainty. The dollar slipped against major peers, aiding regional currencies. Market watchers cautioned that trade policy shifts and central bank moves could alter sentiment quickly.