Asian stocks rise as oil rally eases, yen gains

Anand Krishnamoorthy / Bloomberg09-03

Asian stocks rose and oil paused a three-day rally after US President Donald Trump played down the prospect of a prolonged conflict with Iran. The yen strengthened.(Sept 3): Asian stocks rose and oil ...

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The yen strengthened.(Sept 3): Asian stocks rose and oil ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/global-markets/asian-stocks-set-rise-oil-eases-yen-gains?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Asian stocks rise as oil rally eases, yen gains</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAsian stocks rise as oil rally eases, yen gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-09-03 03:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/global-markets/asian-stocks-set-rise-oil-eases-yen-gains?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Anand Krishnamoorthy / Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Asian stocks rose and oil paused a three-day rally after US President Donald Trump played down the prospect of a prolonged conflict with Iran. The yen strengthened.(Sept 3): Asian stocks rose and oil ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/global-markets/asian-stocks-set-rise-oil-eases-yen-gains?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OILK","symbol_name":"ProShares K-1 Free Crude Oil ETF","start_time":0,"source_url":"https://www.theedgesingapore.com/news/global-markets/asian-stocks-set-rise-oil-eases-yen-gains?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2664808437","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/news/global-markets/asian-stocks-set-rise-oil-eases-yen-gains?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2664808437","pubTimestamp":1788375660,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Asian stocks rose and oil paused a three-day rally after US President Donald Trump played down the prospect of a prolonged conflict with Iran. 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The yen strengthened.(Sept 3): Asian stocks rose and oil paused a three-day rally after US President Donald Trump played down the prospect of a prolonged conflict with Iran. The yen strengthened.\nGains in Japan and South Korea helped MSCI's Asia Pacific equities gauge advance 0.7%. Technology shares drew attention after Broadcom Inc predicted a boom in artificial intelligence (AI) chip sales over the next two years.\nEarly attention in Asia was on the yen, which gained for a second session to trade around 158.44 per dollar. The currency's advance kept traders on alert for further intervention by authorities.\nBrent was little changed at around US$95.70 a barrel. Oil had earlier eased after Trump said renewed attacks on Iran would likely be short-lived and reiterated his claim that the US controls the crucial Strait of Hormuz. Treasuries held their gains from the previous session, with the yield on the benchmark 10-year at 4.78%. A Bloomberg gauge of the dollar slipped for a second day.\nIn Japan, the 30-year yield fell 10 basis points to 4.065% ahead of Thursday's sale of government bonds. \nThe brighter tone followed a cautious start to September, when global bond yields surged as renewed fighting in Iran drove oil higher, fuelling inflation concerns and bets on a Federal Reserve interest-rate hike this month. With earnings season largely over, attention is shifting to Friday's US jobs report for clues on the US economy and the policy outlook.\n\"Stocks are finding some footing after a difficult start to September,\" said Angelo Kourkafas at Edward Jones. \"Underlying fundamentals remain constructive. While seasonal headwinds merit attention, they are not sufficient on their own to derail the broader market uptrend.\"\nTensions in the Middle East had sparked a selloff in global bonds earlier this week. \nUS 10-year Treasury yields are consolidating around the 4.78% level as investors await initial jobless claims data due later Thursday. The ongoing Iran war is also stoking fresh concerns around inflation, keeping investors wary on bonds.\n\"You have these multiple unresolved issues, multiple unresolved conflicts, and importantly, no clear resolution timeline anywhere,\" wrote Natalia Lojevsky, managing director at CIFC Asset Management. \"Investors need to be careful when they step in,\" she said, adding that \"at some point, higher yields are a painful experience for equities.\"\nIn Asia, the sharp rise in the yen during the New York session left traders on alert for signs of further action by Japanese authorities to support the currency.\nThe yen began strengthening Wednesday after a Bank of Japan board member raised the possibility of outsized or back-to-back interest-rate hikes. The sudden move in New York trading reverberated across the US$9.5-trillion-a-day currency market.\n\"There has been no confirmation of official intervention, but the speed of the move is likely to keep traders focused on the possibility of action from Japanese authorities should yen strength accelerate further,\" wrote Nick Twidale, chief market analyst at AT Global Markets.\nCorporate highlights:\n\nNvidia Corp chief executive officer Jensen Huang called on Group of 20 nations to accelerate their adoption of artificial intelligence as a way to enhance growth.\nMeta Platforms Inc released its most powerful AI model yet, with its chief AI officer saying its capabilities are edging closer to top competitors.\nElliott Investment Management has built a sizeable stake in Deutsche Telekom AG and indicated the German telecommunications giant should ditch a potential merger with its American arm T-Mobile US Inc, people familiar with the matter said.\n\nSome of the main moves in markets:\nStocks\n\nS&P 500 futures were little changed as of 10.43am Tokyo time\nJapan's Topix rose 0.8%\nAustralia's S&P/ASX 200 rose 0.2%\nHong Kong's Hang Seng rose 0.7%\nThe Shanghai Composite rose 0.5%\nEuro Stoxx 50 futures were unchanged\n\nCurrencies\n\nThe Bloomberg Dollar Spot Index was little changed\nThe euro was little changed at US$1.1591\nThe Japanese yen rose 0.2% to 158.38 per dollar\nThe offshore yuan was little changed at 6.7186 per dollar\nThe Australian dollar was little changed at US$0.7167\n\nCryptocurrencies\n\nBitcoin was little changed at US$77,371.95\nEther fell 0.1% to US$2,390.57\n\nBonds\n\nThe yield on 10-year Treasuries was little changed at 4.78%\nJapan's 10-year yield declined four basis points to 2.970%\nAustralia's 10-year yield declined four basis points to 5.19%\n\nCommodities\n\nWest Texas Intermediate crude rose 0.2% to US$91.19 a barrel\nSpot gold rose 0.5% to US$4,403.26 an ounce\n\nUploaded by Chng Shear Lane","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2664808437","isCrawlerRequest":true}