Public Markets 3h Briefing
×Asian Markets
Japan's Nikkei 225 investing.com hit a record high as cooling rate hike bets and tech gains boosted sentiment. The index's performance followed Asian currencies wsj.com mostly strengthening against the dollar amid risk-on sentiment. Meanwhile, JGBs wsj.com fell in Tokyo's morning session, tracking overnight price declines in U.S. Treasurys.
Commodities & Resources
Gold prices investing.com ticked higher on a softer dollar as markets monitor U.S.-Iran nuclear talks. Oil prices wsj.com rose in the Asian session on likely position adjustments before today's U.S.-Iran talks. Lithium prices bloomberg.com surged after Zimbabwe, one of the world's top producers, suspended concentrate exports.
US Market Preview
US stock futures investing.com fell as Nvidia curbed post-earning gains, with Iran talks remaining in focus for traders. The moves come as Wall Street's conviction trade on Japan's bond market frays bloomberg.com, with strategists arguing the sharp flattening in the yield curve has gone too far.
Corporate Developments
Qantas investing.com reported first-half earnings rise on strong domestic demand and fleet renewal, though its shares bloomberg.com fell the most in almost a year after earnings from its international unit unexpectedly declined. The company flagged rising costs from wages and aircraft maintenance.