This is C온라인카지노사이트's live blog covering Asia-Pacific markets.

Asia-Pacific markets mostly rose Tuesday as investors assessed trade developments between the U.S. and countries in the region, with focus also on Asian currencies that have been strengthening on the back of a declining dollar.

India has proposed zero tariffs on steel, auto components and pharmaceuticals on a reciprocal basis and up to a certain amount of imports, while Malaysia said Monday that there could be a cut in tariffs.

Treasury Secretary Scott Bessent told C온라인카지노사이트 Monday that the U.S. was "very close to some deals," echoing comments from U.S. President Donald Trump a day earlier that there could be some agreements as early as this week.

China stocks resumed trading after the Labor Day holidays amid signs of Washington and to resolving trade disputes after resorting to tit-for-tat tariffs.

Mainland China's  index rose 0.61% while Hong Kong's  added 0.55%.

China's Caixin services purchasing managers' index came in at a seven-month low of 50.7 in April, compared to 51.9 in the previous month.

Over in Australia, the benchmark fell 0.14%.

Japanese and South Korean markets are closed for public holidays.

U.S.  as investors awaited the start of the Federal Reserve's first policy meeting since U.S. President Donald Trump announced "reciprocal" tariffs in early April. The two-day policy meeting will begin on Tuesday stateside, with a rate decision expected Wednesday. Fed funds futures trading points to just a 2.7% chance of a rate cut, according to the .

, stocks fell with the  ending a nine-day rally as investors monitored the latest developments on global trade.

The broad-market index shed 0.64% to close at 5,650.38, while the  dipped 0.74% to end at 17,844.24. The  dropped 98.60 points, or 0.24%, to settle at 41,218.83. The S&P 500 came into the session riding a nine-day winning streak, its longest since 2004.

— C온라인카지노사이트's Pia Singh and Hakyung Kim contributed to this report.

China's services activity hits seven-month low

China's services activity hit a seven-month low in April, with new order growth slowing on the back of uncertainties in the U.S.' tariffs on Chinese exports, a Tuesday showed.

The Caixin/S&P Global services purchasing managers' index was at 50.7 in April from 51.9 in the month before.

The metric stayed above the 50-mark which separates an expansion from contraction.

Commenting on the reading, Caixin Insight Group's senior economist Wang Zhe noted that "supply and demand grew at a slower pace" in April than the month before.

"Employment shrank for the second straight month, marking the fourth contraction in the past five months. Businesses cut staff to save costs. The shrinking job market led to increases in backlogs of work, pushing the corresponding gauge above the expansion line for the first time this year," he added.

— Amala Balakrishner

Spot gold rises nearly 1% as investor assessed movements in the dollar

rose Tuesday as investors kept watch on the U.S. dollar as well as trade developments between the U.S. and countries in the Asia-Pacific region.

As at 9.32 a.m. Singapore time, the bullion was trading 0.83% higher at $3,361.90 per ounce.

The latest moves in the bullion — which is a traditional hedge against political and financial instability — come as the y.

— Amala Balakrishner

Recent market volatility could end up being an attractive buying opportunity, says Altimeter Capital's Brad Gerstner

Investors may look back on market volatility in 2025 as a missed buying opportunity, according to Altimeter Capital CEO and founder Brad Gerstner.

While he expects some volatility to persist in the near-term, he told C온라인카지노사이트's "Halftime Report" on Monday that he expects President Donald Trump to soon make progress on trade deals which will spur gains for stocks.

Gerstner also noted that Trump's rhetoric on looser regulations could also be a boon for U.S. equities, which is another aspect of the president's agenda that Wall Street could perhaps be underappreciating, he said.

— Brian Evans

Bank of America upgrades energy sector despite falling oil prices

Bank of America has upgraded energy to overweight despite the sector pulling back nearly 6% so far this year on tumbling oil prices.

Despite the sector's poor performance, Bank of America analysts said oil companies are still paying "dividends, baby, dividends." Executives' compensation is tied to cash returns not production targets with dividends now sacrosanct. The sector's free cash flow yield is also well above average at 6%, according to Bank of America.

And the sector's sensitivity to oil prices has dropped by more than third since 2017, according to the bank. If stagflation is considered the base case, "energy is more likely to outperform than underperform," the analysts told clients on Friday.

Oil prices are down about 20% this year with U.S. crude having closed Monday at its .

— Spencer Kimball