InvestingLive Asia-Pacific FX news wrap: FX ranges were small only

• Berkshire Hathaway has sold roughly one-third of its stake in VeriSign, raising $1.23 bn
• Is it euro weakness, or USD strength, in response to the EU-US trade framework agreement
• Fidelity International sees gold climbing to $4,000 by end-2026
• ETH Futures Technical Analysis for Today
• Wall Street Journal FOMC preview - officials are now fractured into three camps
• PBOC sets USD/ CNY reference rate for today at 7.1511 (vs. estimate at 7.1891)
• Morgan Stanley sees “rolling recovery” driving S&P 500 to 7,200
• Morgan Stanley raises its S&P 500 target to 7200
• Monetary Authority of Singapore expected to hold monetary policy steady - preview
• Photo of apparent Manhattan New York active shooter armed with assault weapon
• Active shooter in Manhattan, New York; police officer and civilian shot
• UK data: Shop prices jump the most since April 2025 (BRC data)
• Trump shortens Russia-Ukraine peace deadline to 12 days, warnsof sweeping Russia sanctions
• Trump wants to 'engage' with North Korea to end its nuclear program
• Have the 3 key flashpoints scheduled for August 1 been cut to just 1? But, watch the FOMC.
• US-China trade war ceasefire extension talks started Monday, expected to continue Tuesday
• North Korea says it rejects any attempt to deny its status as a nuclear state
• Ray Dalio recommends 15% allocation in long-term assets like bitcoin & gold (crypto media)
• Investinglive Americas FX news wrap 28 Jul: USD rises after US/EU trade deal. Gold lower
• Trump denied permission for Taiwan President to stop in NewYork en route to CentralAmerica
• ICYMI - Oppenheimer lifts S&P 500 year-end target to 7,100
• ICYMI - the US Treasury has lifted its borrowing forecast to $1 trillion for Q3
• S&P and NASDAQ indices close higher and at new records
• More on White House to release crypto policy report on July 30 - Strategic Bitcoin Reserve

It was a quiet session in Asia, with little in the way of major news or data releases. FX markets saw only narrow ranges, though USD/JPY eased slightly late in the session without a clear catalyst.

Earlier, U.S. Commerce Secretary Howard Lutnick said a 90-day extension to the U.S.–China trade truce was the likely outcome of ongoing negotiations in Stockholm. Talks between the two sides began Monday and are set to continue Tuesday.

In a notable diplomatic development, President Trump denied Taiwan’s President permission to stop in New York en route to Central America. The move is seen as a clear signal of Trump’s desire to keep relations with China on a constructive footing, likely with trade and broader geopolitical stability in mind — a point that is unlikely to be lost on markets.

In U.S. domestic news, a tragic mass shooting occurred in New York City, where a lone gunman killed four people in a Manhattan office tower before taking his own life.

Asia-Pac stocks:

• Australia (S&P/ASX 200) -0.25%
• Hong Kong (Hang Seng) -1.1%
• Japan (Nikkei 225) -0.9%
• Shanghai Composite -0.1%