Asia markets ignore Wall Street rally, remain subdued amid renewed US-China trade jitters; Japan falls on political uncertainty
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Asia stocks trade mostly lower on Tuesday, despite a strong Wall Street rally overnight amid easing US-China trade tensions, with Presidents Donald Trump and Xi Jinping expected to meet later this month. The renewed trade tensions between the U.S. and China kept investor caution
Quick Insights
Despite some easing, Asia stocks mostly fell as investor caution remained high due to lingering US-China trade concerns.
Japanese shares fell sharply and the yen weakened, as internal political uncertainty—such as the Komeito party’s coalition exit—dampened sentiment.
Signals of steady or cautious central bank stances in Singapore and Australia provided some stability, though growth concerns lingered, especially where monetary policies remained unchanged.
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Asia markets ignore Wall Street rally, remain subdued amid renewed US
