Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Fed Unveils Stablecoin Rules Under GENIUS Act 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
US Comfortable With Canada Trade Standoff as Import Bans Loom 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
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Asian stocks climbed on Monday as investors reacted to stronger-than-expected U.S. job numbers and awaited high-stakes trade talks between the U.S. and China. Wall Street’s Friday rally, driven by the May jobs report, eased concerns over economic fallout from President Trump’s tariff policies, boosting global market sentiment.
The MSCI Asia-Pacific index outside Japan rose 0.5%, while Hong Kong’s Hang Seng Index jumped 1.3%, breaching 24,000 for the first time since March. Japan’s Nikkei gained 0.9%. The U.S. dollar slipped 0.3% against the yen to 144.39 after Friday’s 0.9% surge. The euro advanced 0.2% to $1.1422.
Despite market optimism, political unrest in California dampened risk appetite. Over the weekend, President Trump deployed the National Guard to Los Angeles amid ongoing immigration-related protests.
Investors are closely watching trade talks in London where U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer will meet Chinese Vice Premier He Lifeng. The meeting will focus on critical minerals, a key area of economic tension, following a rare call between Trump and President Xi Jinping.
May’s U.S. employment report showed 139,000 new jobs, topping forecasts of 130,000 but below April’s 147,000. Attention now shifts to U.S. inflation data due Wednesday, which could influence Federal Reserve rate cut expectations.
Analysts say trade policy remains a major macroeconomic uncertainty. Positive signals from the talks could extend market gains. However, rising social unrest in the U.S. adds caution to the outlook.
Elsewhere, spot gold fell 0.2% to $3,303.19 an ounce, while U.S. crude held steady at $64.56 a barrel after recent gains.
