{"id":77038,"date":"2025-07-22T16:38:52","date_gmt":"2025-07-22T06:38:52","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=77038"},"modified":"2025-08-05T17:27:36","modified_gmt":"2025-08-05T07:27:36","slug":"tuesday-22nd-july-2025-asian-markets-slip-amid-tariff-uncertainty-and-mixed-global-cues","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/tuesday-22nd-july-2025-asian-markets-slip-amid-tariff-uncertainty-and-mixed-global-cues\/","title":{"rendered":"Tuesday 22nd July 2025: Asian Markets Slip Amid Tariff Uncertainty and Mixed Global Cues"},"content":{"rendered":"\n<h3><br \/>Global Markets:<\/h3>\n\n\n\n<ul>\n<li>&nbsp;Asian Stock Markets : Nikkei down 0.27%, Shanghai Composite up 0.35%, Hang Seng up 0.19% ASX up 0.11%<\/li>\n\n\n\n<li>Commodities : Gold at $3399.35 (-0.19%), Silver at $38.58 (0.49%), Brent Oil at $69.59 (0.19%), WTI Oil at $66.38 (0.23%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.423, UK 10-year yield at 4.6730, Germany 10-year yield at 2.691<\/li>\n<\/ul>\n\n\n\n<h3>News &amp; Data:<\/h3>\n\n\n\n<ul>\n<li>(CAD) IPPI m\/m 1.40M&nbsp; to 1.39M expected<\/li>\n\n\n\n<li>(CAD) RMPI m\/m 1.32M&nbsp; to 1.29M expected<\/li>\n<\/ul>\n\n\n\n<h3>Markets Update:<\/h3>\n\n\n\n<p>Asian stock markets traded mostly lower on Tuesday, following mixed cues from Wall Street and continued uncertainty over U.S. President Donald Trump\u2019s reciprocal tariffs, with an August 1 deadline to finalize trade deals. Reports indicate EU leaders are preparing for a showdown, while U.S. Commerce Secretary Howard Lutnick emphasized the deadline as firm, though talks could continue afterward. Asian markets had closed mostly higher on Monday.<\/p>\n\n\n\n<p>In Australia, the S&amp;P\/ASX 200 inched up 0.03% to 8,670.80, supported by strength in mining stocks. BHP, Fortescue, and Rio Tinto gained nearly 3% each. Gold miners also performed well, while tech names like Block and Zip slid over 2%. Big banks like Commonwealth Bank and NAB fell nearly 2%. Investors await the Reserve Bank of Australia\u2019s minutes from its July meeting, where the rate was held at 3.85%.<\/p>\n\n\n\n<p>Japan\u2019s Nikkei 225 rose 0.19% to 39,892.81, recovering from earlier losses. Gains were seen in tech, financials, and exporters. SoftBank jumped over 3%, Mitsubishi Heavy Industries surged 5%, and major banks and chip-related stocks advanced. However, automakers and companies like Shiseido lagged behind.<\/p>\n\n\n\n<p>Elsewhere in Asia, New Zealand dropped 1.1%, while markets in China, Hong Kong, Malaysia, Singapore, and South Korea saw mild losses. On Wall Street, the Nasdaq and S&amp;P 500 closed at record highs despite a late pullback, while oil dipped to $69.17 on global trade concerns.<\/p>\n\n\n\n<h3>Upcoming Events:&nbsp;<\/h3>\n\n\n\n<ul>\n<li>02:45 PM GMT &#8211; GBP BOE Gov Bailey Speaks<\/li>\n\n\n\n<li>06:00 PM GMT &#8211; USD Fed Chair Powell Speaks<\/li>\n\n\n\n<li>07:30 PM GMT &#8211; USD Richmond Manufacturing Index<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asian stock markets traded [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":77277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[196,215,339],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/77038"}],"collection":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=77038"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/77038\/revisions"}],"predecessor-version":[{"id":77046,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/77038\/revisions\/77046"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media\/77277"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=77038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=77038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=77038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}