Asian gains, gold falls: war diplomacy eases oil shock
Market news for April 16, 2026: Asian equities soared to fresh highs on easing Iran war diplomacy, despite a gold selloff. TSMC’s profit surge and China’s strong GDP beat expectations, while oil was steady and the dollar dipped on Fed easing hopes.
Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.
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