Asia stocks surge: Markets hit 3-year high; oil prices edge up despite weekly drop

Jun 27, 2025 - 11:30
Asia stocks surge: Markets hit 3-year high; oil prices edge up despite weekly drop

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Asian stocks soared to multi-year highs, mirroring Wall Street's optimism, fueled by easing geopolitical tensions and anticipated interest rate cuts. Japan's Nikkei 225 surpassed 40,000 for the first time in five months. A weaker US dollar boosted Asian currencies and asset demand.

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