Aug 10, 11:42 PM

Asia Stocks Steady as Tariff Truce Deadline Looms, Oil Falls Again

Asian equity futures pointed to a cautious start to the week, with traders waiting for U.S. inflation figures and confirmation on whether Washington and Beijing will extend their Aug. 12 tariff truce. Market pricing suggests a 90-day rollover of the deal is widely expected. Contracts linked to Australia’s S&P/ASX 200 and mainland Chinese shares were little changed, while Hong Kong futures indicated modest gains. S&P 500 futures edged 0.1% higher. Japanese markets are shut for a holiday, limiting regional cash-equity cues. In commodities, West Texas Intermediate crude fell 0.4% to $63.64 a barrel, marking its seventh decline in eight sessions ahead of a planned meeting between U.S. President Donald Trump and Russian President Vladimir Putin in Alaska. The dollar held steady against major peers, and bitcoin added 0.5%.

#Washington #Beijing #Australia #Chinese #Hong Kong #Japanese #West Texas Intermediate #Donald Trump #Russian #Vladimir Putin #Alaska

Written with ChatGPT .

Asia Stocks Steady as Tariff Truce Deadline Looms, Oil Falls Again

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