Global Markets React to US-China Trade Developments and EU Tariff Delays

TL;DR Summary
Asia-Pacific markets showed mixed results as investors reacted to U.S. tariff decisions, with Japan and Australia gaining while South Korea, China, and India declined; currencies rallied against the dollar amid concerns over U.S. debt, and Chinese bubble tea stocks surged despite broader market weakness. Japan overtook Germany as the world's largest creditor nation, and U.S.-EU trade developments influenced gold prices.
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- Stock market today: Dow, S&P 500, Nasdaq futures leap as EU tariff delay bolsters market optimism Yahoo Finance
- ASX closes higher, market awaits inflation data to inform next RBA rate cut — as it happened Australian Broadcasting Corporation
- Morning Bid: Chaotic US trade shifts leave markets wary Reuters
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