Global Markets Fluctuate Amid US Tariff Actions and Ongoing Diplomatic Negotiations

Global markets remained uncertain on Monday as the US announced plans to increase global tariffs to 15% from 10%. Asian equity markets showed mixed reactions, with Hong Kong's Hang Seng Index jumping over 2.3%, while Australia's S&P/ASX 200 was down 0.61%. The move followed a US Supreme Court decision striking down part of President Trump's trade agenda.

The European Union expressed concern about the impact of unpredictable tariff policies on global trade stability, urging the United States to uphold its trade agreement. EU Trade Commissioner Maros Sefcovic discussed the issue with US officials, seeking to prevent escalation.

Diplomatic negotiations between Washington and Tehran continued amid rising military pressure, with Iran signaling a willingness to offer concessions on its nuclear program in exchange for sanctions relief. The talks come as the United States considers possible strikes against Iranian targets.

Cryptocurrency markets weakened sharply alongside rising global uncertainty, with Bitcoin falling over 3.9% to below $65,000. This move highlights the divergence between traditional safe-haven assets and cryptocurrencies during times of market volatility.