Tuesday 7th October 2025: Asian Markets Mostly Higher Amid Fed Rate Cut Bets and Japanese Optimism

Global Markets:

•  Asian Stock Markets : Nikkei up 0.76%, Shanghai Composite up 0.52%, Hang Seng down 0.67% ASX down 0.33%
• Commodities : Gold at $3,954.90 (0.18%), Silver at $48.40 (0.07%), Brent Oil at $65.49 (0.4%), WTI Oil at $61.9 (0.4%)
• Rates : US 10-year yield at 4.162, UK 10-year yield at 4.735, Germany 10-year yield at 2.7174

News & Data:

• (EUR) Retail Sales m/m  0.1%  to 0.1% expected

Markets Update:

Asian stock markets traded mostly higher on Tuesday, tracking mixed cues from Wall Street overnight, while markets in mainland China, Hong Kong, and South Korea remained closed for holidays. Traders continued to price in a 92.5% chance of a 25-basis-point rate cut by the U.S. Federal Reserve at its late-October meeting, amid the ongoing U.S. government shutdown.

In Australia, the S&P/ASX 200 slipped 0.23% to 8,960.60, dragged by weakness in financial and technology sectors. Among miners, BHP, Rio Tinto, and Mineral Resources gained nearly 1%, while Fortescue dipped 1%. Oil stocks were mixed, with Woodside Energy up 0.4% and Santos down nearly 1%. Tech names such as WiseTech Global and Appen fell over 1%. The Australian dollar traded at $0.662.

Japan’s Nikkei 225 rose 0.67% to 48,264.98, extending gains for a fourth session after Sanae Takaichi became Japan’s first female prime minister, boosting optimism over pro-market policies. Automakers led the rally, with Toyota up nearly 2%. Household spending data showed a 0.6% monthly and 2.3% annual rise in August, beating expectations.

Elsewhere in Asia, Taiwan gained 1.5%, while New Zealand, Singapore, and Indonesia advanced modestly. On Wall Street, the Nasdaq hit a record high, rising 0.7%, while oil prices climbed over 1% on signs of limited OPEC output growth.

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The post Tuesday 7th October 2025: Asian Markets Mostly Higher Amid Fed Rate Cut Bets and Japanese Optimism first appeared on IC Markets | Official Blog.