The latest Market Talks covering Energy markets. Published exclusively on Dow Jones Newswires throughout the day.

0729 GMT - Delta Electronics (Thailand)'s valuation is likely to remain under pressure from lower gross and operating margin profiles amid the broader selloff in artificial intelligence infrastructure stocks, UOB Kay Hian analysts say in a note. The electronics products manufacturer's 2Q net profit dropped 33% on quarter, as raw material shortages and higher royalties hit its margins by more than expected. Although the company's 2H earnings should improve, higher raw material costs will likely weigh on its gross margin, the analysts say. UOB KH lowers its stock target price to 300.00 baht from 320.00 baht, while maintaining a hold rating. Shares are down 1.1% at 275.00 baht.(amanda.lee@wsj.com)

0717 GMT - Yields on U.K. government bonds decline as oil prices dip after the U.S. cancelled planned attacks against Iran. President Trump said negotiations with Iran would resume on Monday, easing fears about possible escalation in the conflict. In addition, the Bank of England's policy meeting last week signalled no rush to raise interest rates, causing markets to lower expectations of BOE rate rises in 2026. Ten-year gilt yields fall 5.9 basis points to last trade at 4.978%, Tradeweb data show. (miriam.mukuru@wsj.com)

0711 GMT - Eurozone government bond yields fall, tracking moves in U.S. Treasury yields, as oil prices decline after U.S. President Trump said diplomatic talks with Iran would resume. Trump told reporters Sunday that the U.S. would engage in talks beginning Monday afternoon. Still, the situation is the Middle East remains uncertain. "On geopolitics, we are still not comfortable that we are out of the woods," Jefferies' Mohit Kumar says in a note. The 10-year German Bund yield falls 4.7 basis points to 3.155%, according to LSEG. (emese.bartha@wsj.com)

0649 GMT - The dollar falls, staying near a seven-week low reached overnight after President Trump said he cancelled a planned strike on Iran while Japan and the U.S. confirmed joint intervention to shore up the yen. Trump said in a Truth Social post that Iran and other Middle Eastern countries had asked the U.S. not to attack as the "perimeters of a deal has been agreed to." Japan's Finance Minister Satsuki Katayama and U.S. Treasury Secretary Scott Bessent both confirmed joint interventions to support the yen last week. The DXY dollar index falls 0.2% to 99.739 after reaching a low of 99.418 overnight. The dollar falls 0.6% to 156.60 yen after hitting a three-month low of 155.21 overnight, according to LSEG.(renae.dyer@wsj.com)

0636 GMT - Taiwan's tech earnings so far confirm that AI infrastructure investment remains in the early stages of a multi-year expansion, Citi analysts say in a research note. Companies in the semiconductor supply chain, including TSMC, UMC and MediaTek, have raised guidance, increased capital expenditure or expressed improving visibility into 2027 AI demand. "Despite recent market turbulence, companies reaffirmed that AI investment cycle is broadening across the entire hardware ecosystem," they say. The AI beneficiaries will increasingly extend beyond computing to networking and power, they add. AI data center products will be supported by strong demand for high-efficiency power supplies, power distribution, liquid cooling and higher rack power density, they add, making Delta Electronics one of the key beneficiaries. (sherry.qin@wsj.com)

0530 GMT - U.S. Treasury yields slide in Asian trade as oil prices fall on improved outlook for a solution in the Middle East. After days of threats to launch a new offensive against Iran, U.S. President Trump is prioritizing diplomacy and has said new talks with Iran will begin on Monday. Brent oil is down 7.65% at $83.23 per barrel, leading to a 4-6 basis point fall in Treasury yields across maturities. The 10-year yield is down 5.3 basis points to 4.690%, while the 30-year yield is down 4 basis points to 5.235%, according to Tradeweb.