Asian stocks are mainly growing on Tuesday after growth on Wall Street overnight in the middle of search for favorable prices after sale on Friday and growing bets on reducing interest rates in September.
The European Union will suspend the two planned Customs countermeasures for six months after the agreement with the US President Donald Trump, confirmed the European Commission spokesman on Monday.
Gold prices remained stable at about $ 3,370 per ounces on Tuesday after three days of growth, supported by increasing expectations of interest rates in the United States in September.
Japanese Nikkei increased by 0.69% to about 40,500, while the wider Topix index added 0.4% to 2,928 on Tuesday, recovery from the loss of the previous session. Japanese yen ranged around $ 147 on Tuesday, retaining recent gains after the Japanese meeting in June showed that policy makers remain open for further interest rate increases if trading tensions calm down.
S & P Global Japan Services PMI has increased to 53.6 in July 2025, which is slightly above the estimated 53.5 and more than 51.7 in the previous month, which marks the fourth month in a row and the fastest pace of February, seeing SEEbiz. S & P Global Japan Composite PMI reached 51.6 in July 2025.
Investors also analyzed the Minutes of the Japan’s meeting in June, which showed that policy makers remain open to additional interest rates if trading tensions calm down. However, the Committee reiterated that the current interest rates remain appropriate given the permanent uncertainties.
The Japanese Ministry of Labor Panel recommended an increase in the average minimum clock for 63 yen, or 6.0%, for this fiscal year. The increase is higher than the proposed increase of 50 yen the previous year and marks the largest increase from at least 2002. years.
The Chinese index increased by 0.75% to about 3,600, while Shenzhen Component added 0.35% on Tuesday, the offshore Juan was trading on the third consecutive growth session, because optimistic data on the services and toughness of the PBOC have helped improve moods.
Caixin China General Services PMI jumped to 52.6 in July, mostly since May 2024, compared to the nine-month minimum of 50.6 in June and much above the 50.2 forecast. S & P China General Composite PMI fell to 50.8 in July 2025. With a quarterly maximum of 51.3 in June.
Investors also carefully awaited July data on Chinese trade and upcoming inflation data, in the middle of concern over growing trade barriers and weak domestic demand.
Hang Seng (HSI) increased by 0.54% to 24.711 on Tuesday morning, reversing winnings from the previous session.
S & P Global Hong Kong Sar PMI rose to 49.2 in July 2025. With 47.8 in June, which is the highest value in six months.
