Global financial markets presented a mixed picture as investors processed economic data and geopolitical developments. Japan's Nikkei 225 rose 1.2% following positive corporate earnings reports, while Hong Kong's Hang Seng index fell 0.8% amid concerns about Chinese property sector stability.
In Europe, major indices declined. Germany's DAX dropped 0.9% after weaker-than-expected manufacturing data, and France's CAC 40 fell 0.7%. The declines reflected ongoing worries about economic growth in the Eurozone.
Commodity prices showed strength. Oil prices rose to $85 per barrel as tensions continued in the Middle East. Gold prices increased 0.5% as investors sought safe-haven assets. Currency markets saw the US dollar strengthen against major peers, while the Japanese yen weakened to 155 against the dollar.