Markets watch: Asian stocks slip; oil steady ahead of OPEC+ meet

Jul 2, 2025 - 09:00
Markets watch: Asian stocks slip; oil steady ahead of OPEC+ meet

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Asian equities declined amid concerns over potential US interest rate cuts and President Trump's trade tariff deadline. The dollar remained near multi-year lows, while oil prices stabilized ahead of the OPEC+ meeting. Investors are cautious due to escalating trade tensions and the upcoming US June payroll report, impacting global growth prospects.

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