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macroJul 22, 2026, 8:43 AM

Asia Tech Rebound Loses Steam as Alphabet, Oil Loom

Asia's technology stocks started the session higher but faded as investors look ahead to Alphabet's earnings and the threat of $100 oil.

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Asia's technology rebound lost momentum during the session, with early gains evaporating as traders turned cautious ahead of key catalysts.

Investors are now focusing on Alphabet's upcoming earnings report and the risk of crude oil climbing to $100 a barrel, which could weigh on equity sentiment and fuel inflation concerns.

The shift in focus from the relief rally to these looming tests suggests the tech bounce may be short-lived.

Source: FXStreet Forex News