Asian stocks began cautiously as markets anticipate potential rate cuts from the U.S. Federal Reserve and possibly the Bank of Canada this week. Investors are closely watching the Fed’s future guidance amid economic concerns and President Trump’s criticism. China’s economic data and U.S.-China trade talks are also key factors influencing market sentiment, alongside oil price fluctuations and gold’s near-record highs.
Oil climbs following renewed US, Iran strikes in Middle East
Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential