HighPositive
Announced Wed, 22 Jul · 06:23 IST

Global Market Today: Asian stocks advance on tech rally, yen weakens

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Asian stocks advanced on a broad tech rally, with the MSCI Asia Pacific Index climbing 0.8% and the Kospi jumping over 5% on renewed AI optimism following strong US tech gains overnight. The yen weakened past 163 per dollar for the first time since 1986, while crude oil prices rose about 0.6% with Brent at 91.52 dollars a barrel, stoking inflation concerns and pushing US Treasury yields to two-month highs. Investors now await earnings from Alphabet and Tesla, with nearly 20% of S&P 500 companies by market value slated to report this week.