Asia markets stay cautious on tariffs; Japan stocks volatile after Ishiba election loss
Main Idea
Asia-Pacific markets showed mixed performance despite gains in U.S. indices, as investor caution grew ahead of the U.S. tariff deadline.
Key Points
1. Asia-Pacific markets traded mixed on Tuesday.
2. Overnight gains on the S&P 500 and Nasdaq were driven by optimism over strong corporate earnings.
3. Investor caution intensified ahead of the August 1st U.S. tariff deadline.
Description
Asia-Pacific markets traded mixed on Tuesday, despite overnight gains on the S&P 500 and Nasdaq, driven by optimism over strong corporate earnings. Investor caution intensified ahead of the August 1st U.S. tariff deadline, creating widespread uncertainty. Gold prices edged down to around $3,390 per ounce on Tuesday but remained close to a five-week-high. Malaysia’s annual inflation rate stood at 1.1% in June 2025, slightly below market consensus and May’s reading of 1.2%. This was the lowest pri...
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