On July 2, 2025, Asian stock markets showed mixed results, influenced by developments in the United States. The U.S. Federal Reserve's stance on interest rates and trade tensions weighed heavily on investor sentiment. This resulted in varied performances across different markets, as reported by RTTNews.com, dpa-AFX, and AFX News.
The Australian market saw the S&P/ASX 200 Index increase by 0.25% to 8,562.30. Gains in iron ore miners and energy stocks drove this rise. Conversely, the Japanese Nikkei 225 Index fell by 0.98% to 39,593.72, impacted by trade concerns.
The U.S. dollar weakened against Asian currencies due to economic concerns. In Australia, the technology sector saw mixed results, while the banking sector faced declines. Qantas Airways' shares dropped over 3% due to a cyber attack. Crude oil prices also saw a modest increase, with West Texas Intermediate trading at $65.40 per barrel.