The dollar fell while gold was steady as investors weighed Trump's new tariff threats and global growth risks. Oil traded lower after a decision by OPEC+ to restore more idled capacity.
China's Shanghai Composite index surged 0.70 percent to 3,497.48, with banks rallying as investors hunted for yield. Hong Kong's Hang Seng index climbed 1.09 percent to 24,148.07.
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