Asian shares dip, dollar down after tariff backflip

Asian shares have dipped while US futures rose after President Trump postponed a 50% tariff on EU imports, instilling optimism among investors. In Japan, super-long government bond yields fell after a previous selloff, and the dollar is set for its fifth consecutive monthly decline, influenced by US trade policies and fiscal concerns. Focus this week includes Nvidia’s earnings report, Federal Reserve speeches, and the US core PCE price index, amidst a Bank of Japan conference addressing economic growth and inflation challenges.

Full Article