Gold at record highs as rate cuts beckon, Trump talk hits Taiwan stocks

Bullion At Gold Investments Ltd. As Gold Holds Ground Near Record

SINGAPORE: Gold hit a record and bonds rallied on Wednesday as markets prepared for global interest rates to fall, while stocks in Taiwan slipped after U.S. presidential candidate Donald Trump sounded lukewarm in his commitment to the island's defence.

The S&P 500 scaled record highs overnight and futures were steady in Asia. MSCI's broadest index of Asia-Pacific shares outside Japan was flat and Japan's Nikkei rose 0.1%.