Asian stocks were mostly higher as trade tensions persisted, China held key lending rates, and Japan’s ruling coalition lost control of the upper house in an election. Investors await U.S. earnings, housing data, and comments from central bankers, including Fed Chair Powell. Chinese and Hong Kong markets gained, while Japan remained closed. Gold prices rose slightly, while oil prices were stable. U.S. stocks ended mixed amid reports of Trump’s tariff demands, with the Nasdaq reaching a record high. European markets closed mixed on strong earnings despite trade concerns.

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