A woman walks by an electronic stock board of a securities firm in Tokyo, Tuesday, Jan. 7, 2020. Shares are climbing in Asia following modest gains on Wall Street despite caution over rising tensions between the U.S. and Iran. (AP Photo/Koji Sasahara)
HONG KONG: Equities rebounded while oil and safe-haven gold retreated Tuesday (Jan 7) as fears of a Middle East conflict abated for now, but investors remained on alert for any escalation after the US assassination of a top Iranian general.
With few major developments in the crisis fuelled by the killing of Qasem Soleimani last week, traders were able to turn their attention back to the global economic outlook and the US-China trade deal signing planned for Jan15.
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