Asia-Pacific markets adjacent higher
Asia-Pacific ended the time higher Tuesday.
Hong Kong's Hang Seng Index added 1.6% to adjacent astatine 24,590.12, portion mainland China's CSI 300 index was level astatine 4,019.06.
Japan's Nikkei 225 benchmark added 0.55% to adjacent astatine 39,678.02, portion the broader Topix scale was level astatine 2,825.31.
Meanwhile, South Korea's Kospi index accrued by 0.41% to adjacent astatine 3,215.28, portion the small-cap Kosdaq precocious 1.69% to 812.88.
Australia's S&P/ASX 200 benchmark ended the time 0.7% higher astatine 8,630.30.
Over successful India, the 50-stock benchmark Nifty 50 was up 0.43%, portion the Sensex scale moved up 0.31% arsenic of 1.55 p.m. Indian Standard clip (4.25 a.m. ET).
— Amala Balakrishner
Chinese tech stocks rally connected Nvidia's intent to resume H20 AI spot income to China ‘soon’
Tech stocks successful Hong Kong roseate Tuesday for the 3rd consecutive session, with shares of companies that import Nvidia chips surging aft the artificial quality darling announced its intent to resume income of its H20 graphic processing units to China.
The Hang Seng Tech scale surged 2.14% successful its past 30 minutes of trade. The apical 3 performers connected the tech-heavy scale were , which gained 6.83%, which added 6.41% and which roseate 5.53%.
The Hang Seng Tech Index ETF shows the day's moves:
Hang Seng Tech ETF
— Amala Balakrishner
Singapore stocks deed caller all-time precocious for seventh consecutive league
Singapore's 30-stock benchmark Straits Times Index extended its winning tally for a seventh consecutive session, hitting a caller all-time precocious of 4,128.18 earlier successful the session.
Straits Times Index
The scale was up 0.38% astatine 4,124.71 arsenic of 2.51 p.m. section clip (2.50 a.m. ET), with gains led by the industrials, user non-cyclicals and utilities sectors.
The champion performing stocks were Jardine Matheson Holdings which roseate 3.65%, SATS which precocious 3.53% and Seatrium Limited which added 2.83%.
— Amala Balakrishner
Chinese system acceptable to dilatory further connected spot slump and persistent deflation: Morgan Stanley
China's spot assemblage remains a "key challenge" and is resulting successful a "persistent deflation problem," Chetan Ahya, main Asia economist astatine Morgan Stanley, told CNBC's "Squawk Box Asia" connected Tuesday.
He added that China's GDP maturation is expected to dilatory further successful the 2nd fractional of 2025, dragged by a "global commercialized slowdown" pursuing U.S. President Donald Trump's tariff policies.
China whitethorn acquisition a "small appreciation" successful its renminbi vis-a-vis its determination counterparts arsenic China faces some deflation and "higher tariffs than different commercialized partners," Ahya said.
Countries dealing with deflation, specified arsenic Japan, person utilized currency depreciation arsenic a mode to summation ostentation and stimulate the economy.
Further renminbi appreciation, however, volition "aggravate the borderline unit connected the exporters," erstwhile determination is existing "excess capableness successful that environment," Ahya concluded.
— Nicole Teo
Chinese spot stocks autumn arsenic existent property investments proceed sliding
A gauge of Chinese spot shares slumped Tuesday, aft authorities information showed that the slump in real property investments deepened successful June, falling 11.2% successful the archetypal fractional of 2025, compared to a 10.7% driblet successful the archetypal 5 months of the year.
The Hang Seng Mainland Properties Index — which captures the show of Chinese existent property players listed successful Hong Kong — was down 1.06% arsenic astatine 1.10 p.m. section clip (1.10 a.m. ET).
Losses were led by China Vanke, which declined 3.38%, Cifi Holdings Group, which dropped by 3.33% and Longfor Group Holdings, which mislaid 3.26%.
Chinese spot stocks autumn arsenic existent property investments amusement nary motion of recovery
Declines successful China Vanke's shares was besides driven successful ample portion by its expectations of a wider nett nonaccomplishment of up to 12 cardinal yuan ($1.67 billion) successful the archetypal six months of the year, compared to a nonaccomplishment of 9.85 cardinal yuan the twelvemonth before. It attributed the forecast to a crisp driblet successful task settlements, debased nett margins and other provisions.
The state-backed spot developer's woes reflector the challenges successful China's existent property sector.
"The existent property marketplace is inactive successful a process of bottoming," Laiyun Sheng, lawman commissioner astatine China's National Bureau of Statistics, said astatine a property briefing pursuing the information release, calling for "stronger support" to stabilize the sector.
— Amala Balakrishner
Japan's authorities enslaved yields emergence up of precocious location election
Japan's 30-year authorities enslaved output roseate 14.5 ground points to deed a grounds precocious of 3.191% Tuesday ahead of the country's precocious location elections connected July 20.
Yields connected 10-year JGBs were up astir 2 ground points to 1.594%, aft reaching its highest level since 2008 earlier successful the session.
Similarly, yields connected 20-year JGBs roseate to its highest level since 1999 earlier successful the session. They were past seen up astir 1 ground constituent to 2.634%.
— Amala Balakrishner
Indian stocks emergence successful aboriginal trade
Indian stocks roseate successful aboriginal commercialized Tuesday.
The 50-stock benchmark Nifty 50 moved up 0.17% portion the Sensex scale added 0.21% arsenic of 9.40 a.m. Indian Standard time.
Nifty 50 Index
— Amala Balakrishner
CNBC Pro: Trump’s caller tariffs person reignited the golden rally. Here’s however the pros are investing
Spot gold continued to emergence Tuesday, aft topping a three-week precocious successful its erstwhile session.
As of 10:55 a.m. Singapore clip (10:55 p.m. ET Monday), the precious metallic was up 0.16% astatine $3,348.80 per ounce.
Spot gold
Mounting geopolitical tensions and uncertainties from Trump's on-again-off-again tariffs person sent golden prices up by astir 28% since the commencement of the year.
CNBC Pro spoke to 3 experts connected wherever and however they are investing successful the metallic close now.
CNBC Pro subscribers tin work the afloat communicative here.
— Amala Balakrishner
Bitcoin falls aft crossing $120,000 threshold successful erstwhile session
Bitcoin traded successful antagonistic territory Tuesday aft it rallied and crossed the $120,000 threshold to deed a caller a grounds precocious successful the erstwhile session.
As of 10.51 a.m. Singapore clip (10.50 p.m. Monday ET), the cryptocurrency had declined 1.6% to commercialized astatine $118,301.70.
Bitcoin prices
— Amala Balakrishner
China’s second-quarter GDP grows 5.2%, topping marketplace expectations
China's system grew astatine a slower clip successful the 2nd quarter, somewhat beating expectations arsenic commercialized tensions with the U.S. rattled an system already mired successful deflation and a years-long lodging downturn.
China's gross home merchandise expanded by 5.2% successful the 2nd quarter, according to China's National Bureau of Statistics connected Tuesday, somewhat beating Reuters-polled economists' estimates of a 5.1% growth, and decelerating from the 5.4% successful the archetypal quarter.
Read the afloat communicative here.
— Anniek Bao, Evelyn Cheng
Chinese and Hong Kong stocks emergence successful aboriginal trade
Chinese and Hong Kong-listed stocks started the time higher Monday amid choppy commercialized successful different cardinal Asia-Pacific markets.
As of 9.49 a.m. section clip (9.49 p.m. ET Monday), the Hang Seng Index added 1.12%, portion mainland's CSI 300 moved up 0.38%.
— Amala Balakrishner
Asia-Pacific markets unfastened mixed
Asia-Pacific markets started the time mixed Tuesday.
As of 8.10 a.m. Singapore clip (8.10 p.m. Monday ET), Japan's Nikkei 225 benchmark was level portion the broader Topix scale added 0.32%.
In South Korea, the Kospi index was down 0.31% portion the small-cap Kosdaq moved up 0.26%.
Over successful Australia, the S&P/ASX 200 benchmark precocious 0.66%.
— Amala Balakrishner
Here are the opening calls for the day
Good greeting from Singapore.
Investors volition beryllium keeping a adjacent ticker connected a slew of information points from China today, including its maturation complaint for the 2nd 4th arsenic good arsenic municipality concern and retail income for June.
Economists polled by Reuters expect the Asian giant's system to grow 5.1% successful the April to June quarter, from 5.4% successful the preceding quarter.
Meanwhile, abstracted polls by Reuters amusement that China's municipality investments is forecast to person risen 3.6% betwixt January and June, portion its retail income is expected to travel successful astatine 5.4% successful June, compared to 6.4% the period before.
Japan's benchmark Nikkei 225 was acceptable to unfastened higher, with the futures declaration successful Chicago astatine 39,560 portion its counterpart successful Osaka past traded astatine 39,510, against the index's Monday adjacent of 39,459.62.
Futures for Hong Kong's Hang Seng index stood astatine 24,264, pointing to a stronger unfastened compared to the HSI's past adjacent of 24,203.32.
Australia's S&P/ASX 200 was besides acceptable to commencement the time higher with futures tied to the benchmark astatine 8,599, compared with its past adjacent of 8,570.40.
— Amala Balakrishner
Stock futures unfastened small changed
Stocks extremity Monday somewhat higher
The large banal averages ended Monday successful the green.
The S&P 500 edged higher by 0.14%, finishing astatine 6,268.56, portion the Nasdaq Composite added 0.27% to settee astatine 20,640.33. The Dow Jones Industrial Average gained 88.14 points, oregon 0.20%, and ended astatine 44,459.65.
— Pia Singh