On July 7, 2025, Asian stock markets declined due to confusion surrounding U.S. tariff policy and OPEC+'s increased oil production. This impacted global markets, reflecting uncertainty in trade and energy sectors. (Source: July 7, 2025)
U.S. officials delayed tariff implementation until August 1, 2025. President Trump announced that trade agreements were nearing finalization, with higher tariff notifications expected by July 9, 2025. The original deadline for increased tariffs was July 9, 2025, but details remained unclear.
S&P 500 and Nasdaq futures fell 0.3%. EUROSTOXX 50 futures eased 0.1%, FTSE futures dropped 0.2%, and DAX futures remained steady. Japan's Nikkei lost 0.5%, while South Korean stocks were flat. MSCI Asia-Pacific shares (ex-Japan) fell 0.6%.
The dollar index rose to 97.071. The euro held at $1.1771, and the dollar was firmer at 144.76 yen. Oil prices declined after OPEC+ agreed to increase production by 548,000 barrels per day in August 2025. Brent crude dropped to $67.78 per barrel, and U.S. crude fell to $65.99.
The market is reacting to trade tensions and oil supply changes. The uncertainty in tariff policies and the increase in oil production by OPEC+ are causing immediate reactions in global markets. The situation is expected to be closely monitored.