Asian stocks rebounded on Friday following a recent string of losses on Middle East worries and uncertainty over the Federal Reserve's interest rate path.
Tech stocks led regional gains on the back of robust U.S. economic data released overnight and reports of a delay in the Israeli ground invasion of Gaza.
The dollar steadied and gold ticked higher ahead of the release of the U.S. personal consumption expenditures reading, the Federal Reserve's preferred inflation gauge, later in the day.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.