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Asia markets see modest gains on Wall Street's lead, yen weakens before crucial Japan election; U.S. futures inch higher

2025-07-18 02:56:35

Asia markets see modest gains on Wall Street's lead, yen weakens before crucial Japan election; U.S. futures inch higher

Main Idea

Asian stocks showed mixed performance following a positive Wall Street session, influenced by strong earnings and US economic data, while gold prices continued to decline.

Key Points

1. Asian stocks were mixed on Friday after a positive session on Wall Street.

2. The upbeat Wall Street performance was supported by strong earnings results and solid US economic data.

3. Gold prices remained below $3,340 per ounce, heading for their first weekly loss.

Description

Asian stocks mixed on Friday, following an upbeat session on Wall Street overnight, supported by strong earnings results and solid US economic data Gold held its recent decline below $3,340 per ounce on Friday, on track for its first weekly loss in three. Japan ( NKY:IND ) fell 0.32% to 40,034, with the broader Topix Index increasing 0.3% to 2,847 in Friday morning trading, marking the second straight session of gains as investors digested the latest inflation data. The Japanese yen was at 148.5...

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