U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Asian stock markets traded mostly lower on Tuesday as investors weighed new U.S. diplomatic moves in the region and awaited key central bank decisions later this week. Wall Street’s major indexes hit record highs overnight, boosted by strong gains in the tech sector, while U.S. stock futures held steady during Asian trading hours.
In Tokyo, U.S. President Donald Trump met with Japan’s new Prime Minister, Sanae Takaichi, to discuss defense cooperation, trade, and a $550 billion U.S. investment package unveiled earlier this year. The plan targets joint projects in infrastructure, clean energy, and advanced technology. Despite optimism surrounding the meeting, Japan’s Nikkei 225 slipped 0.4% after reaching an all-time high of 50,549.60 points in the previous session, while the broader TOPIX index declined 0.6%.
Investor sentiment across Asia was supported by progress in U.S.-China trade relations. Negotiators in Kuala Lumpur finalized a draft framework to avert new tariffs, which will be reviewed later this week when Trump meets Chinese President Xi Jinping in South Korea. Both leaders are expected to finalize the deal’s details during the summit.
China’s Shanghai Composite and the blue-chip CSI 300 were little changed, while Hong Kong’s Hang Seng Index dipped 0.3%. South Korea’s KOSPI led regional losses, falling over 1% despite stronger-than-expected third-quarter GDP growth—the fastest pace in more than a year. Australia’s S&P/ASX 200 fell 0.4%, while Singapore’s Straits Times Index gained 0.6%, diverging from the broader regional trend. India’s Nifty 50 futures were mostly flat ahead of market open.
Attention now turns to major central bank decisions. The U.S. Federal Reserve began its two-day meeting Tuesday and is widely expected to cut rates by 25 basis points amid cooling inflation and labor market weakness. Meanwhile, the Bank of Japan is expected to maintain its current policy stance when it announces its decision Wednesday, as internal divisions remain but have not shifted the board’s majority outlook.
