Asian stock markets were volatile in early Friday trading as investors reacted to fresh signals from U.S. President Donald Trump on government funding and monetary policy, alongside mixed corporate earnings from major U.S. technology companies. The uncertainty weighed on risk sentiment even as global equities headed toward a strong monthly performance.
MSCI’s broad Asia-Pacific index excluding Japan moved between gains and losses before slipping 0.2%, extending the previous session’s decline while still on track for its best month in over three years. U.S. equity futures pointed lower, with S&P 500 e-mini futures down 0.4% and Nasdaq e-mini futures falling 0.5%, reflecting ongoing concerns about technology valuations and artificial intelligence investments.
Market focus sharpened after Trump endorsed a bipartisan deal aimed at avoiding another U.S. government shutdown and confirmed he has decided on a nominee to replace Federal Reserve Chair Jerome Powell. These developments pushed the U.S. dollar higher, with the dollar index rising 0.3%, while the 10-year Treasury yield climbed to 4.263% as traders assessed the implications for interest rates. Fed funds futures currently imply an 86.6% probability that the Federal Reserve will keep rates unchanged at its March meeting.
On Wall Street, stocks fell on Thursday after disappointing results from Microsoft reignited doubts about the profitability of heavy AI spending. Microsoft shares plunged 10%, erasing more than $350 billion in market value, while Meta surged 10% as its AI-driven advertising outlook impressed investors. Apple also boosted sentiment by forecasting up to 16% revenue growth for the March quarter, helped by strong iPhone demand and a rebound in China.
In commodities, precious metals retreated after a volatile session, with gold down 0.7% and silver slightly lower as traders unwound extended positions. Oil prices eased, with WTI crude slipping below $65 amid geopolitical concerns following new U.S. measures targeting countries trading oil with Cuba. Cryptocurrencies also weakened, with Bitcoin and ether both posting losses as broader risk appetite softened.


Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 



