Global Market Today: Asian shares trade lower; oil holds gains
- Posted on August 11, 2026
- By Business News Today
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- 1 min read
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Global Market Today: Asian shares trade lower; oil holds gains
Oil prices managed to retain their gains as optimism regarding a deal in the Strait of Hormuz dissipated, sparking renewed fears of inflation. Treasury yields increased, and the yen weakened, undoing some of its recent recovery. Asian stocks and futures suffered slight declines, while Australian bonds dropped before an impending policy decision.
