Asian stock markets dipped after reaching a nearly four-year high, with MSCI’s Asia-Pacific index falling by 0.4%. Japanese markets reopened after elections, and the yen slightly weakened to 147.73 per dollar. In Europe, markets are cautious ahead of earnings reports from companies like SAP and UniCredit. The euro’s 9% rise is affecting profits, and the EU is considering countermeasures to US trade pressure. The dollar held steady after falling on Monday, with attention on trade deal talks. Gold prices rose, while oil prices continue to slide. Earnings reports and trade negotiations are driving market sentiment. Fed Chair Jerome Powell’s independence is a concern for investors. Today’s economic calendar is quiet, with earnings reports from Coca-Cola, Raytheon, Lockheed Martin, and General Motors. The FTSE 100 is hovering above 9000, with potential for a pullback or gains depending on earnings and trade news.

Read more at Investing.com: Tariffs and Earnings Drive Markets as the FTSE 100 Trades Above 9,000