{"id":71226,"date":"2025-08-05T16:47:20","date_gmt":"2025-08-05T06:47:20","guid":{"rendered":"https:\/\/www.icmarkets-vnj.com\/blog\/?p=71226"},"modified":"2025-08-05T16:47:21","modified_gmt":"2025-08-05T06:47:21","slug":"tuesday-5th-august-2025-asian-markets-rally-on-fed-rate-cut-hopes-and-wall-street-gains","status":"publish","type":"post","link":"https:\/\/www.icmarkets-vnk.com\/blog\/tuesday-5th-august-2025-asian-markets-rally-on-fed-rate-cut-hopes-and-wall-street-gains\/","title":{"rendered":"Tuesday 5th August 2025: Asian Markets Rally on Fed Rate Cut Hopes and Wall Street Gains"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Global Markets:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;Asian Stock Markets : Nikkei down 1.4%, Shanghai Composite up 0.20%, Hang Seng up 0.61% ASX down 0.06%<\/li>\n\n\n\n<li>Commodities : Gold at $3404.35 (0.19%), Silver at $37.18 (0.5%), Brent Oil at $69.19 (-0.19%), WTI Oil at $67.28 (-0.13%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.252, UK 10-year yield at 4.524, Germany 10-year yield at 2.6770<\/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) Factory Orders m\/m -4.8%&nbsp; to -4.9% expected<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Markets Update:<\/h3>\n\n\n\n<p>Asian stock markets traded mostly higher on Tuesday, buoyed by optimism that weak U.S. jobs data could prompt an interest rate cut by the Federal Reserve next month. Bargain-hunting also lifted sentiment after recent declines. According to CME Group&#8217;s FedWatch Tool, the odds of a rate cut in September jumped to 91.9% from 63.1% a week ago.<\/p>\n\n\n\n<p>Australia\u2019s ASX 200 rose over 1%, led by mining, tech, and energy stocks. Major miners like BHP and Rio Tinto saw modest gains, while tech names like Zip surged over 6%. Credit Corp soared over 20% on strong earnings, while Electro Optic Systems jumped 33% after winning a major European contract.<\/p>\n\n\n\n<p>Japan\u2019s Nikkei rebounded, rising over 250 points, with gains in exporters, banks, and utilities. Notable movers included NTN (+16%) and Tokyo Electric Power (+8%). Meanwhile, SoftBank declined nearly 3%. Other Asian markets including China, South Korea, and Singapore posted modest gains. On Wall Street, stocks rallied sharply on Monday, with the Nasdaq up 2%, the S&amp;P 500 up 1.5%, and the Dow gaining 1.3%, reversing recent losses.<\/p>\n\n\n\n<p>European markets also advanced, and oil prices dipped due to oversupply worries. West Texas Intermediate crude fell to $66.27 a barrel.In currencies, the Aussie traded at $0.646, while the yen hovered near 147 per U.S. dollar.<\/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 Services PMI<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asian stock markets traded [&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-71226","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\/71226","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=71226"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/71226\/revisions"}],"predecessor-version":[{"id":71232,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/71226\/revisions\/71232"}],"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=71226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/categories?post=71226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/tags?post=71226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}