Fed Unveils Stablecoin Rules Under GENIUS Act 
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
Oil Prices Ease as Iran Tensions Clash With Diplomacy Hopes 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
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Russian Envoy Dmitriev Heads to US for Ukraine Talks 
Trump, Xi Focus on Trade and AI at White House Summit 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
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Asian stock markets delivered a mixed performance on Tuesday as investors reacted to elevated oil prices, ongoing geopolitical tensions, and the Bank of Japan’s decision to keep interest rates unchanged. Market sentiment remained cautious despite record highs on Wall Street, where technology stocks continued to drive gains.
The Bank of Japan held its short-term interest rate steady at 0.75% in a widely anticipated move, with a 6–3 vote backing the decision. Policymakers signaled a gradual path toward monetary tightening, noting that future rate hikes will depend on economic conditions and developments surrounding the Middle East conflict. The central bank also highlighted moderately rising inflation expectations, reinforcing the possibility of further policy adjustments later this year.
Japan’s Nikkei 225 slipped 0.7% to 60,107.50 after reaching a record high in the previous session, while the broader TOPIX index rose 0.8%, reflecting mixed investor sentiment. In contrast, South Korea’s KOSPI surged more than 1% to a fresh all-time high, outperforming regional peers.
Elsewhere in Asia, markets were subdued as rising crude oil prices continued to pressure risk appetite. Ongoing disruptions near the Strait of Hormuz, linked to the Iran conflict, have kept oil prices near multi-week highs, fueling inflation concerns across global markets. Technology stocks in the region also declined, mirroring a cautious tone ahead of key U.S. earnings reports and increased scrutiny over artificial intelligence valuations.
A Wall Street Journal report indicating that OpenAI missed internal revenue and user growth targets ahead of a potential IPO added to uncertainty in the AI sector. Meanwhile, China’s Shanghai Composite dipped 0.1%, Hong Kong’s Hang Seng fell 0.7%, and Australia’s S&P/ASX 200 declined 0.5%. Singapore’s Straits Times Index edged up slightly, while India’s Nifty 50 futures pointed lower.
Global investors are now closely watching the U.S. Federal Reserve’s upcoming policy decision, which is expected to provide further direction for financial markets.
