source - By Cryptopolitan_News

Asian stocks rose slightly on Monday thanks to strong corporate reports that supported technology sector quotes near record highs. Investors awaited the release of important U.S. inflation data, which is expected to impact bonds and the dollar's exchange rate.

The Japanese Nikkei 225 index remained closed due to the holiday, but futures rose slightly to 42,465 points, indicating a possible test of its historical high of 42,426 points at the end of this week.

Global trade and political events have also been in the spotlight. On Tuesday, the deadline for new U.S. tariffs on Chinese goods expires, and many expect it to be extended. Meanwhile, U.S. President Trump and Russian President Vladimir Putin are set to meet on Friday in Alaska to discuss the conflict in Ukraine.

The most important economic data this week will be the U.S. consumer price index data for July, which will be released on Tuesday. Analysts expect that the introduction of tariffs will lead to a 0.3% increase in core CPI, bringing the annual rate to 3.0%, which further diverges from the Federal Reserve's target of 2%.
The dollar stabilized ahead of inflation data and the U.S. and China's decision on tariffs.

On Monday, the U.S. dollar held its ground after falling last week, as traders awaited inflation data and monitored trade negotiations between the U.S. and China ahead of the tariff deadline.

The dollar index remained at 98.25 after a 0.4% decline last week. Against the Japanese yen, it remained unchanged at 147.685, despite Tokyo's markets being closed for a holiday.

Attention remained focused on trade negotiations, especially regarding semiconductor policy, as the deadline for a deal set by Trump approaches on August 12. 'The market has fully priced in the idea that we will receive a delay,' said Chris Weston, head of research at Pepperstone Group in Melbourne, adding that a further 90-day pause is likely.

Efforts are currently being made to prevent high tariffs on goods from both countries. Reuters reported on Sunday that chip manufacturers Nvidia and AMD agreed to pay 15% of their sales revenue in China to the U.S. government in exchange for export licenses to sell semiconductors in the Chinese market.

Oil prices are falling amid forecasts of U.S.-Russian negotiations.

Oil prices fell in early Asian trading, leading to a decline of more than 4% compared to last week. This drop followed an increase in OPEC production, the rise in U.S. tariffs on trade partners, and growing expectations that Washington and Moscow may come closer to a ceasefire agreement regarding Ukraine.

Brent crude futures fell by 52 cents, or 0.78%, to $66.07 a barrel at 00:41 GMT. U.S. West Texas Intermediate crude futures decreased by 58 cents to $63.30.

Hopes for lifting sanctions limiting Russian oil supplies have increased after Trump stated on Friday that he would meet with Putin in Alaska on August 15 to negotiate a resolution to the war in Ukraine.

This event occurred amid increased U.S. pressure on Russia. Washington warned that sanctions could be tightened if a peace agreement is not reached.

Last Friday, Trump set a deadline for Moscow to agree to a settlement, threatening additional sanctions against buyers of Russian oil. At the same time, he is urging India to reduce imports of Russian oil.


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