Asian stocks rebound as tech fuels gains; oil climbs as Ukraine targets Russian refineries
Asian stocks saw modest gains, fueled by a tech and AI rebound, with Alibaba’s surge boosting emerging markets. Oil prices climbed due to concerns over supply disruptions from the Russia-Ukraine conflict, exacerbated by Ukrainian drone attacks on Russian refineries. Investors are closely watching upcoming US economic data, the Federal Reserve’s rate decision, and the OPEC+ meeting.🕒 1 min read
Asian stocks saw modest gains, fueled by a tech and AI rebound, with Alibaba’s surge boosting emerging markets. Oil prices climbed due to concerns over supply disruptions from the Russia-Ukraine conflict, exacerbated by Ukrainian drone attacks on Russian refineries. Investors are closely watching upcoming US economic data, the Federal Reserve’s rate decision, and the OPEC+ meeting.
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