Asian stocks and oil prices slipped on Tuesday ahead of a major central bankers’ meeting, as investors weighed positive signals from peace efforts between Russia and Ukraine.
European equity futures ticked higher after Ukrainian President Volodymyr Zelenskyy said that security guarantees for Kyiv could be finalised within 10 days following talks with U.S. President Donald Trump and European partners.
Japan’s Nikkei index briefly set a new intraday record before retreating. The U.S. dollar held gains from Monday as traders awaited guidance from the Federal Reserve before its Jackson Hole symposium later this week.
Kyle Rodda of Capital.com noted that markets remain cautious, with expectations of a dovish shift from the Fed. Equity strength and further dollar weakness, he said, depend on the central bank meeting these expectations.
MSCI’s broadest Asia-Pacific index outside Japan dipped 0.2% after U.S. stocks ended slightly lower. In Europe, Euro Stoxx 50 futures rose 0.3%, German DAX futures gained 0.2%, and UK FTSE futures added 0.3%.
NATO Secretary-General Mark Rutte told Fox News that the Trump–Zelenskyy meeting with European and NATO partners had been “very successful.” The talks followed last week’s Alaska summit between Trump and Russian President Vladimir Putin, which failed to secure a ceasefire. Trump later said he had called Putin and was preparing a direct meeting between him and Zelenskyy, followed by a trilateral summit.
Markets are also focused on the Jackson Hole symposium running from 21-23 August, where Fed Chair Jerome Powell will outline the economic outlook. Futures data show an 83.6% chance of a quarter-point cut at the September 17 Fed meeting, according to CME FedWatch.
Japan’s Nikkei fell 0.5%, weighed down by a 5% drop in SoftBank after it announced a $2 billion investment in struggling U.S. chipmaker Intel.
On currencies, the dollar stood at 147.78 yen, the euro was steady at $1.1658, and the dollar index edged up to 98.171 after Monday’s 0.2% rise.
Kazakhstan has elected its first unicameral Kurultai, bringing into force a sweeping political overhaul launched less than a year ago. The vote mar...
Syrian and Israeli officials held U.S.-brokered talks in Jordan on Sunday to ease tensions after an Israeli strike on a Syrian airbase near Tü...
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Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
Online fast-fashion retailer Shein is seeking to raise up to $1.77 billion in a Hong Kong IPO after its valuation fell around 70 per cent from its private-market peak four years ago.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 24th of August, covering the latest developments.
New Zealand Prime Minister Christopher Luxon said on Monday that his party will introduce a bill to ban children under 16 from using social media. The proposal would allow fines of up to 10 per cent of a platform’s global revenue for non-compliance.
Icelanders will vote on Saturday, 29 August, on whether to resume negotiations with the European Union, in a referendum that could reopen the country’s long-debated membership question.
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