BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Asian stock markets rose on Friday, led by Japan, as a strong rally in U.S. tech and bank shares lifted investor sentiment. However, gains were capped by caution ahead of the July 9 deadline for potential new U.S. tariffs, despite signs of progress in U.S.-China trade talks.
Japan’s Nikkei 225 surged 1.6%, hitting a five-month high, while the broader TOPIX gained 1.2%. Tech giants led the charge, with Tokyo Electron jumping 5%, Sony rising 2.6%, and SoftBank Group adding nearly 3%. The rally came even as Tokyo's June consumer price index rose less than expected, casting doubt on the Bank of Japan’s ability to continue raising interest rates. Tokyo’s inflation figures are seen as a key gauge for nationwide price trends.
Overnight, Wall Street posted solid gains with the S&P 500 and Nasdaq closing just below record highs, fueled by tech and financial stocks. U.S. futures were flat during Asian hours, reflecting investor caution ahead of trade policy developments.
U.S. Commerce Secretary Lutnick stated that a U.S.-China trade deal outlined in Geneva has been finalized, with additional agreements involving 10 major partners expected soon. Meanwhile, a ceasefire between Israel and Iran continued to hold, easing concerns over global supply chains.
Across Asia, performance was mixed. China’s Shanghai Composite was flat, while the CSI 300 edged up 0.1%. Hong Kong’s Hang Seng rose 0.4%, and Australia’s ASX 200 hovered near record highs. Southeast Asian markets also gained, with the Philippines’ PSEi up 0.7% and Singapore’s STI advancing 0.6%. India’s Nifty 50 futures ticked 0.2% higher. South Korea’s KOSPI bucked the trend, falling 0.8% on profit-taking after a strong recent rally.
