(Feb 3) : Asian stocks were headed for gains Tuesday after solid US factory data helped lift sentiment, supporting shares and Bitcoin while curbing losses in precious metals. Gold sank around 5% on Monday, paring a larger decline earlier in the session, while silver fell about 6%. Sustained growth would help provide reassurance that manufacturing is on the mend after languishing the past three years. In Asia, data set for release includes inflation in South Korea, building approvals in Australia and retail sales for Hong Kong. “This development is fundamentally positive for corporate earnings, benefiting both US stocks and global equities with exposure to US growth momentum,” he said.

Source: The Edge Markets February 02, 2026 22:54 UTC