Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
Oil Prices Ease as Markets Weigh U.S.-Iran Peace Deal and Strait of Hormuz Reopening 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
ASX Proposes New Share Dilution Limits for Public Takeovers 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
Gold prices remained largely stable during Asian trading on Tuesday as investors closely tracked developments surrounding the fragile U.S.-Iran ceasefire and awaited a high-profile meeting between former U.S. President Donald Trump and Chinese President Xi Jinping later this week.
Spot gold slipped 0.1% to $4,729.18 per ounce, while U.S. gold futures climbed 0.2% to $4,738.00 per ounce. The precious metal had already gained 0.4% in the previous trading session, supported by ongoing geopolitical uncertainty and safe-haven demand.
Market sentiment stayed cautious after Trump criticized Iran’s response to a U.S.-supported peace proposal, calling it a “piece of garbage” and warning that the ceasefire was at risk of collapse. Trump described the truce as being on “massive life support,” increasing concerns over renewed tensions in the Middle East.
Iranian officials responded by stating that the country’s armed forces were fully prepared to react to any aggressive action. Tehran also reiterated demands for sanctions relief, restoration of oil exports, and recognition of its sovereignty over the Strait of Hormuz, one of the world’s most important oil shipping routes.
Oil prices stayed elevated amid fears of potential supply disruptions through the Strait of Hormuz. Rising crude prices limited gains in gold, as investors worried that higher energy costs could increase inflation and force the Federal Reserve to maintain higher interest rates for a longer period. Elevated interest rates generally weaken demand for non-yielding assets such as bullion.
Investors are also focusing on the upcoming Trump-Xi meeting in Beijing, where discussions are expected to cover trade relations, artificial intelligence, Taiwan, energy security, and Iran.
Meanwhile, traders are awaiting the latest U.S. Consumer Price Index data for further clues about the Federal Reserve’s monetary policy outlook. The U.S. Dollar Index rose 0.2%, making gold more expensive for international buyers.
Among other precious metals, silver edged 0.2% higher to $86.31 per ounce, while platinum dropped 1.7% to $2,098.76 per ounce.
