Asian shares edged lower on Tuesday, while U.S. stock futures rose after President Donald Trump postponed a planned 50% tariff on EU imports, extending the deadline to July 9. The delay boosted risk sentiment, driving Nasdaq futures up 1.26%, S&P 500 futures up 1.11%, and FTSE futures up 0.94%.
Japan’s Nikkei slipped 0.15%, and yields on super-long Japanese government bonds fell from recent highs. MSCI’s Asia-Pacific index excluding Japan dipped 0.17%, while China’s CSI300 dropped 0.06%, the Shanghai Composite was flat, and Hong Kong’s Hang Seng Index declined 0.1%.
Markets were thin following Monday’s U.S. and UK holidays. Investors are now eyeing Nvidia’s Q1 earnings report on Wednesday, where the AI chipmaker is expected to post a 65.9% revenue jump. Month-end portfolio rebalancing and U.S. macroeconomic data—especially Friday’s core PCE price index—also remain in focus, alongside several upcoming speeches from Federal Reserve officials.
In currency markets, the U.S. dollar struggled and was on track for a fifth consecutive monthly loss—its longest losing streak since 2017. The euro traded near a one-month high at $1.14035, and the yen strengthened to 142.18 per dollar. Analysts attribute the dollar’s weakness to erratic U.S. trade policy, ballooning fiscal deficits, and waning safe-haven appeal.
Gold prices, benefiting from dollar weakness, reached record levels earlier this year but slipped 0.28% to $3,332.91 per ounce.
Meanwhile, oil prices dipped slightly ahead of the upcoming OPEC+ meeting. Brent crude futures eased 0.1% to $64.67 a barrel, while U.S. WTI crude dropped 0.16% to $61.43.
Investor attention is also on the Bank of Japan’s two-day conference in Tokyo, where global central bankers are discussing sluggish growth and persistent inflation.


Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals
Japanese Yen Rebounds as Trump Flags Currency Weakness
Asian Stocks Fall as Surging Bond Yields Rattle Markets
Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets
Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity
UK PM Burnham to Unveil Economic Vision at Labour Conference
Asian Currencies Mixed as Dollar Holds Near Two-Month High
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth
Dollar Holds Near Two-Month High as Yen Approaches 160
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh
US 10-Year Treasury Yield at 6% Emerges as New Market Risk Threshold
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 



