{"id":70820,"date":"2025-07-01T17:14:55","date_gmt":"2025-07-01T07:14:55","guid":{"rendered":"https:\/\/www.icmarkets-vnj.com\/blog\/?p=70820"},"modified":"2025-08-05T18:15:00","modified_gmt":"2025-08-05T08:15:00","slug":"tuesday-1st-july-2025-asia-pacific-markets-mixed-as-wall-street-hits-records-and-tariff-uncertainty-looms","status":"publish","type":"post","link":"https:\/\/www.icmarkets-vnk.com\/blog\/tuesday-1st-july-2025-asia-pacific-markets-mixed-as-wall-street-hits-records-and-tariff-uncertainty-looms\/","title":{"rendered":"Tuesday 1st July 2025: Asia-Pacific Markets Mixed as Wall Street Hits Records and Tariff Uncertainty Looms"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><br \/>Global Markets:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;Asian Stock Markets : Nikkei down 1.34%, Shanghai Composite up 0.39%, Hang Seng down 0.87% ASX down 0.01%<\/li>\n\n\n\n<li>Commodities : Gold at $3341.35 (1.49%), Silver at $36.08 (0.19%), Brent Oil at $66.8 (0.19%), WTI Oil at $65.18 (0.13%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.211, UK 10-year yield at 4.483, Germany 10-year yield at 2.576<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">News &amp; Data:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>(USD) Chicago PMI 40.4&nbsp; to 42.7 expected<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Markets Update:<\/h3>\n\n\n\n<p>Asia-Pacific markets traded mixed on Tuesday as investors weighed Wall Street\u2019s record gains against global concerns over U.S. President Donald Trump\u2019s tariff policies. His 90-day tariff reprieve is set to expire next week, adding to uncertainty. U.S. Treasury Secretary Scott Bessent noted that while some countries are \u201cnegotiating in good faith,\u201d tariffs could still \u201cspring back\u201d to the levels announced on April 2 if talks fail.<\/p>\n\n\n\n<p>Mainland China\u2019s CSI 300 rose 0.18% in its final hour of trade. China\u2019s Caixin\/S&amp;P Global manufacturing PMI for June came in at 50.4, better than the 49 forecast by Reuters. In Japan, the Nikkei 225 fell 1.24% after hitting an 11-month high in the previous session, while the Topix declined 0.74%. South Korea\u2019s Kospi gained 0.58%, and the Kosdaq rose 0.28%. Australia\u2019s S&amp;P\/ASX 200 ended flat at 8,451.10. India\u2019s Nifty 50 and BSE Sensex were also little changed. Hong Kong markets remained closed for a public holiday.<\/p>\n\n\n\n<p>U.S. stock futures slipped in Asian hours after two of Wall Street\u2019s key indexes posted record closes on Monday. The S&amp;P 500 rose 0.52% to 6,204.95, the Nasdaq gained 0.47% to 20,369.73, and the Dow advanced 0.63% to 44,094.77. Canada dropped its digital services tax to ease tensions after Trump ended trade talks with Ottawa.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Upcoming Events:&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>02:00 PM GMT &#8211; USD ISM Manufacturing PMI<\/li>\n\n\n\n<li>02:00 PM GMT &#8211; USD JOLTS Job Openings<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asia-Pacific markets traded mixed [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":71231,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-70820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"_links":{"self":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/70820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/comments?post=70820"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/70820\/revisions"}],"predecessor-version":[{"id":70825,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/70820\/revisions\/70825"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/media\/71231"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/media?parent=70820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/categories?post=70820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/tags?post=70820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}