US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes 
US Comfortable With Canada Trade Standoff as Import Bans Loom 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
US 10-Year Treasury Yield at 6% Emerges as New Market Risk Threshold 
UK PM Burnham to Unveil Economic Vision at Labour Conference 
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Asian stocks tumbled on Tuesday, driven by a sharp decline in technology shares ahead of Nvidia's highly anticipated earnings. Hong Kong’s Hang Seng index led losses, dropping 2% as investors took profits after a strong tech-driven rally. Japan’s Nikkei 225 fell 0.9%, while Taiwan Semiconductor Manufacturing Co. (TSMC), a key Nvidia supplier, slid 1.4%, dragging the Taiwan Weighted index lower.
Investor caution intensified following a Bloomberg report that the Biden administration may tighten restrictions on chip exports to China. This came after former U.S. President Donald Trump vowed to increase scrutiny on Chinese investments in critical U.S. sectors, escalating trade tensions. Concerns over Trump's proposed 25% tariffs on Canadian and Mexican imports also weighed on sentiment.
China’s markets struggled as the Shanghai Shenzhen CSI 300 and Shanghai Composite declined 0.9% and 0.5%, respectively. The initial boost from China’s AI-driven optimism faded, particularly after the January debut of DeepSeek.
South Korea’s KOSPI fell 0.4%, cushioned by the Bank of Korea’s 25-basis-point rate cut, marking the third easing in its current cycle. However, major tech stocks still faced pressure, with chipmaker SK Hynix sliding 2.2%.
Australia’s ASX 200 lost 0.6%, extending its retreat from record highs, while Singapore’s Straits Times index remained flat after lower-than-expected inflation data. Indian markets also pointed to a weak open amid growing losses.
Meanwhile, Japan’s TOPIX shed 0.2%, but gains in trading houses, fueled by Warren Buffett’s investment in Itochu, Marubeni, Mitsui, Sumitomo, and Mitsubishi, helped limit losses.
With Nvidia set to report earnings Wednesday, investors remain on edge, watching for signals on AI-driven demand in the tech sector.
