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Asian Markets Fluctuate Amid U.S. Budget Concerns

5/22/2025

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Summary

Story summary

Asian indices climbed on May 21, buoyed by Wall Street's six-day rally. Japan's exports grew by 2%, slowing for the second consecutive month.
On May 22, Asian markets declined amid U.S. budget worries and escalating national debt, with Japan's NIKKEI falling 0.85%.
Oil prices dipped to $64.78 per barrel amid U.S.-Iran negotiation uncertainties, while gold futures rose to $3,339.4 per Troy ounce.

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Story summary

Asian indices climbed on May 21, buoyed by Wall Street's six-day rally. Japan's exports grew by 2%, slowing for the second consecutive month.
On May 22, Asian markets declined amid U.S. budget worries and escalating national debt, with Japan's NIKKEI falling 0.85%.
Oil prices dipped to $64.78 per barrel amid U.S.-Iran negotiation uncertainties, while gold futures rose to $3,339.4 per Troy ounce.