Markets across Asia ended mixed as investors watched rising tensions in the Middle East and prepared for the upcoming meeting between Donald Trump and Xi Jinping. Trade discussions between the United States and China are expected to be a major topic during the talks.
Investor concerns also grew after Trump described the current ceasefire with Iran as weak. At the same time, comments from US officials about possible future military action added more uncertainty to global markets. Oil prices moved lower during trading, though fears over supply disruptions remain.
In Asia, South Korea’s market posted strong gains, while Japan also closed higher. Australia slipped slightly, and Chinese markets showed mixed results. Investors were also reacting to higher than expected inflation data, which added pressure to sentiment.
US markets were mostly flat overnight after recent record highs. Traders are now closely watching both the Trump Xi meeting and developments in the Middle East, as both could affect global trade, energy prices, and investor confidence in the days ahead.
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