Asian stocks turned in a mixed performance on Monday as weak U.S. economic data raised the risk of slowing growth when inflation is still high.
The U.S. dollar was under pressure in Asian trading, while gold held firm above $4,400 an ounce as traders reduced bets for the Federal Reserve to raise interest rates next month.
Oil prices remained elevated as renewed fighting in Lebanon and further tanker attacks in the Strait of Hormuz clouded prospects for ending the U.S.-Iran war.
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Market Analysis
Asian Shares Mixed On Concerns Over U.S. Growth
2026-08-17 08:34:42
