Asian Currencies Steady as Yen Holds Firm, Oil Tops $100 
Gold Prices Rise as Yen Rally Weakens Dollar 
Gold Prices Steady Ahead of U.S. Inflation Data and Fed Decision 
Brent Oil Tops $100 as Middle East Conflict Threatens Supply 
Japanese Yen Nears Seven-Month High as Oil Approaches $100 
US Bans Canadian Alcohol, Motorcycles as Trade War Escalates 
China Exports Surge 25% in August as Trade Surplus Hits $119 Billion 
Oil Prices Hold Near Highs as U.S.-Iran Conflict Escalates 
US Stock Futures Mixed as Fed Rate Hike Bets Rise 
Canada Retaliatory Tariffs on U.S. Goods Take Effect 
China Boosts Gold Reserves by 650,000 Ounces as Prices Rally 
German Inflation Accelerates to 2.9% in August 
Oil Prices Climb as Iran Threatens Gulf Energy Infrastructure 
Asian Stocks Fall as Oil Tops $100, Yields Rise 
China Inflation Accelerates in August as CPI, PPI Rise 
Asian Stocks Mixed as AI Chip Rally Meets Oil Surge 
Japan GDP Growth Beats Forecast, Boosting BOJ Rate Hike Bets 
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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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