The Asian markets were soft after dovish remarks by Waller, with expectations shifting towards a possible rate cut in September. Singapore’s STI hit a record high, while Hang Seng extended gains and ASX 200 lagged. Japan markets reacted calmly to the election outcome, with the yen gaining. In the FX space, the yen, Aussie, and sterling all gained, while Gold extended its rebound. Gold (XAU/USD) looks poised for a potential minor bullish breakout, with key elements indicating a possible uptrend. Watch for a breakout above $3,374 or a drop below $3,328 for further market movement.

Read more at Investing.com: US Dollar: Dovish Fed Comments Weigh on Outlook