Asian shares rise as beaten tech stocks rebound on dovish Fed bets

NAMPA / DPA
2026-07-03
Beijing (dpa-AFX) - Asian stocks advanced on Friday despite an overnight fall in U.S. technology stocks. Regional sentiment was underpinned by easing geopolitical risks and fading expectations for a Federal Reserve rate hike. The US dollar was on track for its biggest weekly drop in nearly three months, while gold rose towards $4,200 an ounce and headed for its first weekly rise in five on easing Fed rate hike bets. Brent crude futures held stead......
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ONANDJABA, 02 July 2026 – Chairperson of the Onandjaba Village Council, Erkki Kandjaba. (Photo: Contributed)

ONANDJABA, 02 July 2026 – Chairperson of the Onandjaba Village Council, Erkki Kandjaba. (Photo: Contributed)

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ONANDJABA, 02 July 2026 – Chairperson of the Onandjaba Village Council, Erkki Kandjaba. (Photo: Contributed)

ONANDJABA, 02 July 2026 – Chairperson of the Onandjaba Village Council, Erkki Kandjaba. (Photo: Contributed)

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MARIENTAL, 02 July 2026 - The NamPower Foundation has donated baby care essentials to vulnerable mothers in the Hardap Rural Constituency. (Photo: Joe-Chintha Garises) NAMPA

MARIENTAL, 02 July 2026 - The NamPower Foundation has donated baby care essentials to vulnerable mothers in the Hardap Rural Constituency. (Photo: Joe-Chintha Garises) NAMPA

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WINDHOEK, 01 July 2026 - Minister of International Relations and Trade, Selma Ashipala-Musavyi, and the United States of America's Ambassador to Namibia, John Giordano, pictured at the USA's 250th Independence Day celebrations in Windhoek. (Photo by: Eba Kandovazu) NAMPA

WINDHOEK, 01 July 2026 - Minister of International Relations and Trade, Selma Ashipala-Musavyi, and the United States of America's Ambassador to Namibia, John Giordano, pictured at the USA's 250th Independence Day celebrations in Windhoek. (Photo by: Eba Kandovazu) NAMPA

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GIBEON, 01 July 2026 - Residents of Gibeon have petitioned the Namibian Police Force’s Hardap regional commander, calling for an urgent investigation into allegations of police brutality and abuse of authority at the Gibeon Police Station. (Photo: Contributed)

GIBEON, 01 July 2026 - Residents of Gibeon have petitioned the Namibian Police Force’s Hardap regional commander, calling for an urgent investigation into allegations of police brutality and abuse of authority at the Gibeon Police Station. (Photo: Contributed)

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OPUWO, 01 July 2026 - Minister of Urban and Rural Development James Sankwasa and the governor of Kunene Region, Vipuakuje Muharukua, during a stakeholder engagement on Wednesday in Opuwo. (Photo: Kaviveterue Virere) NAMPA

OPUWO, 01 July 2026 - Minister of Urban and Rural Development James Sankwasa and the governor of Kunene Region, Vipuakuje Muharukua, during a stakeholder engagement on Wednesday in Opuwo. (Photo: Kaviveterue Virere) NAMPA

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MPUNGU, 01 July 2026 - The construction of classrooms is underway at Cause Primary School in the Mpungu Constituency. (Photo: Lylie Joel) NAMPA

MPUNGU, 01 July 2026 - The construction of classrooms is underway at Cause Primary School in the Mpungu Constituency. (Photo: Lylie Joel) NAMPA

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MPUNGU, 01 July 2026 - The construction of classrooms is underway at Cause Primary School in the Mpungu Constituency (Photo by: Lylie Joel) NAMPA

MPUNGU, 01 July 2026 - The construction of classrooms is underway at Cause Primary School in the Mpungu Constituency (Photo by: Lylie Joel) NAMPA

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