Tokyo and Asia-Pacific close mixed as Nikkei extends slide, gold and silver firm, Kospi sinks on tech selloff
Executive summary: Asia-Pacific trading ended with a sharp split, Japan’s Nikkei 225 fell -4.1%, South Korea’s Kospi dropped -13.8%, while Australia’s ASX 200 gained +0.6%. Safe-haven metals strengthened, with gold up +1.2% and silver up +2.7%, while WTI crude rose +1.1%. The move points to a risk-off tone in parts of the region, led by a steep selloff in Japanese and Korean equities, even as some commodity-linked assets and Australia’s market held up better. [Continue Reading]
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Tokyo Opens Mixed as Nikkei Slips, Kospi Sinks and Commodities Hold Firm
Executive summary: Tokyo and Asia-Pacific markets opened with a risk-off tone, led by a sharp drop in Korea’s Kospi and a softer Nikkei 225. At the same time, Hang Seng and ASX 200 were firmer, while gold, WTI crude and natural gas all traded higher. FX moves were modest, with the yen slightly weaker against the dollar and the yuan slightly stronger. [Continue Reading]

