Indian shares are expected to open lower as trade war fears between U.S. and China escalate. President Trump softened his stance, but Beijing vows to protect its interests. Investors await inflation data and Q2 earnings reports from major companies. Asian markets are mostly down, with yields near multi-week lows. Gold prices rise amid global uncertainty. Oil prices rebound after a sharp fall. U.S. stocks plunged on Friday as Trump threatened additional tariffs on China. European stocks also fell due to trade worries and France’s political crisis.

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