China Expands Influence in Global Gold Market 
China Exports Surge 25% in August as Trade Surplus Hits $119 Billion 
Asian Currencies Mixed as Yen Rallies on BOJ Bets 
US Stock Futures Mixed as Strong Jobs Data Boosts Fed Rate Hike Bets 
Canada Retaliatory Tariffs on U.S. Goods Take Effect 
China to Inject $45 Billion Into State Financial Institutions 
Japan GDP Growth Beats Forecast, Boosting BOJ Rate Hike Bets 
Oil Prices Rise as Hormuz Tensions Threaten Supply 
Asian Stocks Mixed as Korean Chipmakers Rally 
Iran Threatens Gulf Energy Assets as U.S. Tensions Escalate 
European Stocks Flat as Iran Tensions, ECB Rate Hike Loom 
Uranium Prices Could Top $100 as Nuclear Demand Grows 
Hormuz Shipping Slows as Iran Threats Lift Oil Risks 
Oil Prices Climb as Iran Threatens Gulf Energy Infrastructure 
UK House Prices Fall for First Time Since 2023 
Japan Foreign Reserves Plunge $79.6 Billion After Record Yen Intervention 
China Boosts Gold Reserves by 650,000 Ounces as Prices Rally 
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Asian markets were mostly subdued on Tuesday as investors assessed the fragile U.S.-China trade truce and growing concerns over renewed technology tensions. South Korea’s KOSPI led regional losses, retreating sharply after a record-setting rally, while investors in Australia awaited the Reserve Bank of Australia’s (RBA) latest interest rate decision.
On Wall Street, stocks ended mixed overnight, supported by gains in the tech sector following a $38 billion cloud partnership between Amazon and OpenAI. However, U.S. stock futures slipped slightly during Asian trading hours, signaling investor caution amid ongoing geopolitical uncertainty.
Tensions resurfaced after U.S. President Donald Trump announced that Nvidia’s next-generation Blackwell AI chips would be reserved for domestic use, effectively restricting exports to China. In a “60 Minutes” interview, Trump emphasized that these advanced chips would “stay in the U.S.,” highlighting the persistence of tech export curbs even after the recently agreed one-year trade truce. The move raised fresh concerns over potential supply-chain disruptions and the impact on China’s technology sector.
Following the Trump-Xi summit in South Korea, Chinese Ambassador to the U.S. Xie Feng urged Washington to respect Beijing’s “red lines,” stressing that while the truce has “recalibrated” relations, tensions could easily reignite if issues such as Taiwan and human rights are challenged.
In regional markets, China’s CSI 300 slipped 0.5%, while the Shanghai Composite dipped 0.3%. Hong Kong’s Hang Seng Index was flat, and Japan’s Nikkei 225 was little changed after a holiday, though the TOPIX rose 0.4%. Singapore’s Straits Times Index edged down 0.2%, and India’s Nifty 50 futures also moved slightly lower.
Attention turned to the RBA, which was widely expected to keep rates unchanged at 3.60% amid sticky inflation. Investors are watching closely for signals on potential rate cuts in 2026 as global economic uncertainty lingers.
