💨 Abstract

Asian equities slumped on Friday due to escalating trade war concerns, with technology shares particularly hit following a sell-off in AI darling Nvidia and other Wall Street mega-cap stocks. The US dollar hovered near multi-week highs against the currencies of its top trading partners, while the safe-haven yen and Swiss franc strengthened. The overall firmer dollar weighed on commodities, including gold, but oil held steady.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖