Asian equity markets posted gains during light holiday trading volume, with stocks outside Japan hitting record highs as technology shares rallied. The positive momentum followed another day of record-setting performance on Wall Street, driven by strong corporate earnings from major companies.

Bitcoin surged above $80,000, marking a three-month high for the cryptocurrency as digital assets continued their recent upward trajectory. Ethereum also advanced alongside Bitcoin's gains, reflecting broader strength in the cryptocurrency market.

Hong Kong property shares experienced a notable rally, buoyed by optimism following positive commentary from Morgan Stanley. The investment bank's outlook helped fuel investor confidence in the previously beleaguered real estate sector.

Gold prices remained relatively steady as traders focused on developments in the Middle East, including potential reopening of the Strait of Hormuz and ongoing Iran peace talks. However, some sources indicated gold faced pressure from inflation concerns and uncertainty over U.S. interest rate policy.

Currency markets saw mixed signals, with analysts noting that while the U.S. dollar maintains its dominant position globally, mixed economic signals from the United States could potentially drive interest toward alternative currencies. Goldman Sachs economists suggested that import price inflation in Asia is likely to be transitory during this cycle.

Japan's currency situation remained in focus, with Goldman Sachs analysts indicating the country has capacity to conduct approximately 30 more yen interventions if needed to support its currency.