Asia stocks range-bound as EU politics adds new risks

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Asia stocks range-bound as EU politics adds new risks

SYDNEY - Asian stocks traded in a narrow range on Tuesday, as investors pondered fresh political uncertainty in European markets after right-wing gains in elections and a snap poll in France revived concerns about the cohesion of the bloc.

Bond yields rose across Europe, with the spread between French and German debt widening notably, after an opinion poll suggested the far-right National Rally could win the snap election, albeit without a clear majority.)'s long-awaited AI strategy, which integrates"Apple Intelligence" technology across a suite of apps. The iPhone maker's shares were down 0.3% in after hours trade, having slipped 1.9% in normal hours.

The Fed is considered certain to hold steady at its policy meeting on Wednesday, with the focus on whether it keeps three rate cuts in its"dot plot" projections for this year. Gold was just above one-month lows at $2,306 an ounce, after getting whiplashed by the pullback in market pricing for U.S. rate cuts.

 

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