[MARKET UPDATE] ASX 200 and KOSPI softer by 0.3%, Japan closed for Showa Day holiday; US equity futures continue to bid higher, NQ outperforming (+0.3%); Spot XAU regains USD 4600/oz handle
Context
The ASX 200 and KOSPI showing a modest decline suggests a cautious sentiment in the Asian markets, potentially influenced by external factors or profit-taking after recent gains. Meanwhile, US equity futures are experiencing strength, particularly in the Nasdaq, indicating continued investor confidence, while gold's recovery above $4600/oz may reflect safe-haven demand amidst market uncertainties.
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