Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
The euro and U.S. dollar strengthened on Monday, buoyed by risk-on sentiment after President Donald Trump postponed a proposed 50% tariff on European Union goods. Trump set a new deadline of July 9 following a call with European Commission President Ursula von der Leyen, giving negotiators more time to finalize a trade deal.
The move eased investor concerns over a potential global economic slowdown, with the euro rising 0.3% to 162.60 yen and gaining 0.2% against the U.S. dollar to $1.1382, its highest since April 30. Meanwhile, the dollar bounced back 0.4% to 143.085 yen after a sharp 1% drop on Friday.
The Australian dollar edged up to $0.6505, its highest since May 7, while the British pound held steady at $1.3535, just shy of Friday’s peak.
Analysts say the market expects a more moderate tariff outcome despite Trump’s recent threats. “Markets have probably taken the view — and rightly so — that the final tariff level won’t hit 50%, but the path there remains uncertain,” said Ray Attrill, head of FX research at National Australia Bank.
Still, risks linger. Trump’s 25% tariff threat on iPhones manufactured outside the U.S. remains in play, continuing to unsettle investors. Additionally, concerns over fiscal policy resurfaced after Trump admitted his major tax-and-spending bill may undergo “significant” revisions in the Senate. The House version is projected to increase federal debt by $3.8 trillion over the next decade, according to the Congressional Budget Office.
The rapid policy shifts highlight the volatility of U.S. trade strategy, but the recent tariff delay offered short-term relief to markets and boosted pro-growth currencies.
