Asian Markets Rise on Tech Earnings, Tariff Deadline Awaited

Asian stock markets edged higher, buoyed by strong tech sector earnings and optimism about the upcoming US-Russia peace talks, with President Donald Trump and Russian leader Vladimir Putin scheduled to meet to discuss Ukraine. Investors are also closely watching the impending US tariff deadline on Chinese imports, set for Tuesday, with markets uncertain whether Trump will extend the tariff truce paused in May. The US Consumer Price Index report due Tuesday is expected to show a slight rise in core inflation, potentially affecting Federal Reserve interest rate decisions, though markets largely anticipate a rate cut later this year. Technology companies such as Nvidia and Apple led gains in US markets, contributing to positive momentum ahead of the critical inflation data. Meanwhile, oil prices declined amid hopes for progress in the Ukraine conflict, which could ease sanctions on Russian supply and impact global markets. Trade tensions, geopolitical developments, and key economic data continue to shape market sentiment across Asia and globally.