Bond Turmoil Caps Asia Stocks; Trump Iran Call Drops Oil — SkimNews
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- Asian stocks traded mixed Friday as investors weighed bond market turmoil against concerns over the sustainability of the AI investment boom.
- Donald Trump ruled out a pre-election strike on Iran, driving a drop in oil prices that offered support to regional equities.
Why it matters: Friday's recap shows Asian equity gains held in check by bond turmoil and AI-investment-cycle doubts, while the day's only positive came from a Trump-driven oil drop — meaning political decisions, not economic releases, are now doing the near-term work of setting regional risk-asset tone ahead of the US vote.
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