Asian Stocks Decline Despite Regulatory Efforts; Russia and India Discuss Oil Flow

Market jitters are fueled by potential tariffs and a slowdown in China's services sector, while global commodity markets face key reports and debates.

• Asian stocks mostly fell, with Chinese shares leading declines despite regulatory efforts to protect investors and crack down on market abuses.
• Former President Donald Trump's comments on imposing tariffs on Chinese goods if re-elected and a slight slowdown in China's services sector growth added to market jitters.
• Russia's energy elite and Indian officials are working to ensure the flow of oil amidst global tensions and sanctions, with discussions likely focusing on payment methods and logistics.
• Global commodity markets are under scrutiny with upcoming reports from major oil firms, crop traders watching South America's soybean harvest, and debates over the US freeze on new LNG export licenses.
• Shale workers in the US are seeing the highest hourly earnings ever, while soybean futures face pressure from slowing US exports and competition from Brazil.

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