Asian Currencies Trade Mixed as Yen Hovers Near 40-Year Low, Dollar Holds Firm on Fed Outlook 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
US Dollar Slips After PCE Inflation Data Eases Fed Rate Hike Expectations 
Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes 
Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
China Expands Export Controls, Adds 20 Japanese Companies to Restricted List 
Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts 
Economic pessimism has set in – but there are reasons for Australians to be hopeful 
Asian Stocks Slip as US-Iran Ceasefire Hopes Lift Oil, Dollar Strength Persists 
Gold Prices Fall Below $4,000 as Strong Dollar, Fed Rate Hike Bets Weigh on Bullion 
Asian Currencies Stay Range-Bound as Investors Eye China Data, RBNZ Outlook and U.S.-Iran Ceasefire 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures 
Asian Markets Hold Steady Ahead of Major Tech Earnings; Japan’s Nikkei Climbs on Political Shifts
Japan’s Nikkei Gains Amid Political Changes
Japan's Nikkei 225 and TOPIX indexes stood out among Asian markets, rising 0.3% and 0.9%, respectively. This rise followed news that Japan's ruling coalition lost its majority, leading investors to bet on a potential halt to the Bank of Japan's (BOJ) interest rate hikes. Major gains were led by Nippon Paint Holdings, which surged 24% after announcing a U.S. acquisition.
Muted Trading Across Asia with a Focus on Tech Earnings
Broader Asian markets remained largely unchanged as investors anticipated upcoming earnings reports from U.S. tech giants. Key reports from Alphabet are due Tuesday, with Meta and Microsoft on Wednesday, and Apple and Amazon on Thursday. These earnings are expected to provide critical insights into the health of global markets.
Economic Data in Focus Across Asia
Australia’s ASX 200 saw a 0.5% gain ahead of inflation data due Wednesday. Meanwhile, China’s CSI 300 and Shanghai Composite indexes fell slightly as investors awaited PMI data for October, likely to reflect on recent economic stimulus efforts by Beijing. The Hang Seng Index in Hong Kong gained 0.6% on tech buying, while South Korea’s KOSPI dipped 0.3%.
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