Most Asian shares gained, following their US peers higher, as investors positioned for a second Donald Trump presidency and an expected Federal Reserve interest-rate cut.
Asian stocks outside of Japan declined in early trading, dragged down by losses in Hong Kong-listed Chinese technology shares as Donald Trump took an early lead in the US presidential election.
Oil steadied after jumping almost 3% on Monday on heightened tensions in the Middle East and OPEC+’s move to extend supply curbs, with investors turning their focus to the US presidential election.
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