Asia Pacific equities experienced profit-taking, mirroring US market volatility. The closed 0.1% higher at a record 6,305, affected by tariff uncertainty. Singapore’s STI slipped 0.2%, breaking an 11-session winning streak. The Nikkei 225 erased gains to trade down 0.3% but held support at the 20-day moving average. Hang Seng edged up 0.2%, staying resilient amid choppy sessions. The US dollar stabilized after a sharp decline, and gold hit a five-week high but faces minor pull-back risk. Crude oil slipped to US$66.60 due to demand concerns and trade tensions. Technical analysis indicates a potential minor corrective decline for the Singapore 30 CFD Index.
Read more at Investing.com: Asia Markets Mixed as US Tariff Fears Mount While Straits Times Index Cools