Asia Roundup: Dollar climbs to one-week high, Asian shares dips, Gold hits two-month low , Oil surges-May 28th ,2026

Asia Roundup shows the dollar rising to a one-week high as tensions in the Middle East intensify, while Asian shares retreat and gold hits a two-month low. Oil surged over 2.5% to about $97 a barrel as Kuwait reported air-defence interceptions against missiles and drones. Markets brace for the U.S. core PCE price index later in the session, which could shape the broader rate outlook. In currency moves, EUR/USD faced resistance around 1.1648 with an upside target near 1.1693, while downside support hovered near 1.1577; GBP/USD and AUD/USD also faced selling pressure amid the risk-off mood.