Following Powell's dovish comments on Friday, markets increased bets on a September rate cut to 84% probability, boosting Asia-Pacific equity performance. However, European and US stock index futures retreated slightly, reflecting market caution ahead of this week's key events and economic data, including Nvidia's earnings report on Wednesday and US July inflation data on Friday.

On Monday, August 25, US stock futures fell over 0.1%, European stocks opened lower, and Asian markets traded higher. The dollar gained 0.1%, ending a three-week losing streak, US Treasury yields rose slightly, gold declined marginally, and crude oil edged higher. Key asset movements include:

US stock futures declined, with S&P 500 futures, Nasdaq 100 futures, and Dow futures all falling over 0.1%.

European stocks opened lower, with the Euro Stoxx 50 index opening down 0.4%, German stocks declining 0.6%, French stocks dropping 0.3%, while UK markets remained closed for a holiday.

Japan's Nikkei 225 index closed up 0.4%. The Tokyo Stock Exchange index closed up 0.1%. South Korea's KOSPI closed up 1.3%.

US Treasury yields rose broadly, with both 2-year and 10-year yields advancing less than 1 basis point.

The dollar index gained approximately 0.1%. The yen fell over 0.2%. The British pound dropped over 0.1%. The Canadian dollar, euro, and Swiss franc declined less than 0.1%.

Spot gold fell over 0.1% to below $2,370. Spot silver rose approximately 0.1%.

WTI crude oil gained 0.08% to above $73.70. Brent crude rose about 0.06% to above $77.75.

Bitcoin declined over 2.6% in 24 hours, while Ethereum fell over 3% in 24 hours.

Asian Stocks and Crude Oil Rise Japanese stocks gained 0.4%, Korean stocks rose 1.3%, while Vietnamese stocks fell 1.73%.

Brent crude rose about 0.06% to above $77.75.

US Futures, European Stocks, Treasuries, and Gold Decline S&P 500 futures and Nasdaq 100 futures both fell over 0.1%.

Most European stocks declined.

Spot gold fell approximately 0.1% to below $2,370.