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.
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The Arctic has become a frontline for strategic competition, NATO’s top military commander in Europe said on Sunday, as Russia and China increase th...
Chechen leader Ramzan Kadyrov is suffering kidney failure and is undergoing dialysis, Ukrainian intelligence sources say....
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Deaths linked to nationwide protests in Iran have risen to more than 500, according to a U.S.-based rights group, as Tehran warned it would retaliate ...
Hawaii’s Kīlauea volcano is showing increased activity, with lava flowing from two summit craters and flames, smoke and ash rising from the caldera.
The Arctic has become a frontline for strategic competition, NATO’s top military commander in Europe said on Sunday, as Russia and China increase their presence in the region.
Chechen leader Ramzan Kadyrov is suffering kidney failure and is undergoing dialysis, Ukrainian intelligence sources say.
More than 1,000 apartment buildings in Kyiv remain without heating after Russian missile attacks crippled the city’s energy system during a sharp cold snap, Ukrainian officials say.
U.S. President Donald Trump has ruled out ordering a mission to capture Russian President Vladimir Putin, saying he is confident the war in Ukraine can be brought to an end.
Bob Weir, the rhythm guitarist, songwriter and co-founder of the Grateful Dead, has died at the age of 78, his family has said.
China, Russia and Iran have begun a week-long joint naval exercise in South African waters, a move that comes amid strained relations between Washington and several members of the expanded BRICS bloc.
Despite facing challenges in chip manufacturing, Chinese artificial intelligence (AI) researchers are optimistic about narrowing the technological gap with the United States, driven by an increasing culture of risk-taking and innovation.
Warning of a strategic threat from Russia and China, Donald Trump said on Friday that the United States must acquire Greenland to prevent the Arctic island from falling under foreign control.
Hawaii’s Kīlauea volcano is showing increased activity, with lava flowing from two summit craters and flames, smoke and ash rising from the caldera.
The Arctic has become a frontline for strategic competition, NATO’s top military commander in Europe said on Sunday, as Russia and China increase their presence in the region.
Chechen leader Ramzan Kadyrov is suffering kidney failure and is undergoing dialysis, Ukrainian intelligence sources say.
More than 1,000 apartment buildings in Kyiv remain without heating after Russian missile attacks crippled the city’s energy system during a sharp cold snap, Ukrainian officials say.
Deaths linked to nationwide protests in Iran have risen to more than 500, according to a U.S.-based rights group, as Tehran warned it would retaliate against U.S. military targets if Washington intervenes.
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