Asian equities face technical tests after the Fed’s rate increase, with SK Hynix and the Nikkei 225 both nearing resistance levels that could trigger false breakouts. Gold miners catch a bid from rebounding bullion, while the broader risk environment has tightened.
Markets are digesting a fresh Fed rate hike with diverging moves across assets. Gold has reclaimed $4,300, Japanese equities face technical pressure, and selective biotech names are drawing attention.
Asian equities face crosscurrents as Chinese chipmakers gain on policy hopes, the Nikkei 225 tests technical limits, and U.S. rate expectations near 95% shift global capital flows.
Longfor’s liquidity reassurance sparks a relief rally in China property, while Baidu, Lenovo, and MiniMax draw trader attention on AI catalysts. The Nikkei stalls at 65,000 as yen strength pressures exporters.