Trump, Xi Focus on Trade and AI at White House Summit 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens 
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
Fed Unveils Stablecoin Rules Under GENIUS Act 
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Asian markets climbed Monday as investor optimism grew over China’s latest stimulus efforts, despite lingering concerns over U.S. trade tariffs. Gains were fueled by Beijing’s newly announced measures to boost consumer spending, including wage hikes, subsidies, and expanded social welfare. The Shanghai Shenzhen CSI 300 and Shanghai Composite indexes saw modest gains, while Hong Kong’s Hang Seng index jumped 1%.
China’s industrial production exceeded expectations in early 2025, and fixed asset investment rose more than anticipated. However, retail sales met forecasts, and the unemployment rate unexpectedly increased. Optimism around China’s economic policies and AI sector has driven a strong rally in local markets, with Hong Kong stocks leading the charge. Investors now await a key Chinese loan prime rate decision later this week.
Japan’s Nikkei 225 surged 1.1%, and the TOPIX index added 1.2% as traders eyed the Bank of Japan’s upcoming policy meeting. While the BOJ is expected to maintain interest rates, investors are looking for signals on future hikes amid rising inflation and wages.
Other Asian markets mirrored China’s gains. Australia’s ASX 200 rose 0.6% but trimmed gains after Treasurer Jim Chalmers warned of higher inflation due to Cyclone Alfred. Singapore’s Straits Times index gained 0.7% after mixed export data, while South Korea’s KOSPI advanced 1.4% on bargain buying in tech stocks. However, political uncertainty loomed ahead of a court ruling on impeached President Yoon Suk Yeol.
India’s Nifty 50 futures indicated a slightly positive open, as investors awaited wholesale inflation data due later Monday. While Asian stocks enjoyed a rebound, global markets remain cautious amid ongoing trade tensions and central bank decisions.
