Asian stocks mostly higher on trade deal optimism, with Japan hitting 11-month highs.

From Nasdaq: 2025-06-30 04:34:00

Asian stocks mostly higher on Monday as hopes of Fed rate cuts and easing Middle East tensions boosted investor confidence. Traders also watched U.S.-China trade war impact. Dollar weakened, gold rose to $1,300/ounce, and oil prices dipped. Shanghai Composite up 0.59%, Hang Seng down 0.87% due to weak China manufacturing data. Japan markets hit 11-month highs, Nikkei up 0.84%. SoftBank Group surged, Honda and Toyota fell. Seoul stocks up 0.52%, Australian markets edged up, New Zealand index up 0.15%. U.S. stocks rose on trade deal news, inflation data, and consumer sentiment reports. S&P 500 and Nasdaq hit record highs.



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