Australia is considering setting a price floor to support critical minerals projects, including rare earths, Resources Minister Madeleine King said, in comments that led to a jump in share prices for Australian-listed rare earths miners.

The US dollar wavered on Tuesday as the rising odds of Federal Reserve rate cuts weighed on sentiment, while investors assessed the broader economic impact of US tariffs unleashed last week.

Asian markets flitted between gains and losses Monday as investors continued to digest last week's tariff blitz by Donald Trump and a US jobs report that fanned fears about the world's top economy.

Global markets reeled Friday after President Donald Trump's tariffs barrage against nearly all US trading partners as governments looked down the barrel of a seven-day deadline before higher duties take effect.

European stocks hit a 4-week low on Friday at the end of a busy week as investors worried about the impact of fresh US levies on dozens of countries, including a 39 percent tariff on Switzerland.

Asian shares fell on Friday after the US slapped dozens of trading partners with steep tariffs, while investors anxiously await US jobs data that could make or break the case for a Fed rate cut next month.

The move aids manufacturers, but does little to boost the constrained US copper mining industry, which for years has asked Washington for permitting reform or other steps that could fuel growth.

The US central bank is expected to defy political pressure and keep interest rates unchanged Wednesday at the end of a two-day policy meeting, as the effects of President Donald Trump's tariffs emerge.

The euro struggled to recoup its steep losses on Tuesday as investors sobered up to the fact that terms of the trade deal between the US and the European Union favored the former and hardly lifted the economic outlook of the bloc.

Indonesia’s cocoa industry is in dire need of rejuvenation and replanting to take advantage of a global supply dearth keeping prices at a new, elevated equilibrium.

Asian stocks fell Friday as their latest rally ran out of legs, with sentiment weighed by strong US jobs data that saw investors row back their expectations for interest rate cuts.

The United States has long called for better market access for its farm products from beef to apples and potatoes. US President Donald Trump in April slammed steep tariffs on rice in South Korea and Japan.

Finance Minister Sri Mulyani Indrawati revealed that the Australian-dollar-denominated Indonesian government obligations are to be launched in August, but Australian investors appear to be wary.

Cocoa prices have surged significantly because of disease outbreaks in key producing regions in Latin America and Africa.

Japan's ruling coalition lost control of the upper house in Sunday’s election, further weakening Prime Minister Shigeru Ishiba’s grip on power.

In the longer term, the movement of copper prices depends on the resilience of US domestic demand.

Roughly eight percent of jobs are tied to the auto industry in Japan, which is home to the world's top-selling carmaker Toyota as well as Honda, Nissan and other giants.

Initial news that US President Donald Trump was likely to fire Powell soon sent stocks and the dollar sliding.

For its part, the EU has already prepared a list of tariffs worth 21 billion euros ($24.5 billion) on US goods if the two countries fail to reach a trade deal, Italian Foreign Minister Antonio Tajani said on Monday.

Investors have become largely inured to Trump's chaotic policy methods and stocks eased only modestly.

US and European stock futures dipped in Asia on Friday after President Donald Trump stepped up tariff threats against Europe and Canada, restraining an early rally in regional share markets.

Asian markets mostly rose Thursday on optimism that governments will hammer out deals to avoid the worst of US President Donald Trump's tariffs even after he broadened his range of measures.

The PNBP of the mining sector depends on three key factors, which are global coal prices, production volumes and government-set royalty rates.

US Comex copper futures jumped more than 12 percent to a record high after President Donald Trump announced the planned tariffs.

With very few actual trade deals done, analysts had suspected Donald Trump's tariff deadline would be pushed out, though it was still not clear if the new date applied to all trading partners or just some.

The meeting comes after a 12-day conflict between Iran and Israel, which briefly sent prices above US$80 a barrel.

The dollar retraced some of Thursday's gains with US markets already shut for the week, as traders considered the impact of the sweeping spending bill Trump is about to sign into law.

A global shift in coal markets, along with ongoing geopolitical tensions, have left local miners scrambling to realign their strategy to offset shrinking export opportunities by shifting their focus to domestic sales and making inroads into smelting.

Asia shares hit their highest level in more than three years on Friday as they tracked a Wall Street rally, though the dollar struggled on concerns about the Federal Reserve's independence and expectations for early rate cuts.

Tesla's new car sales in Europe fell 27.9 percent in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2 percent, with the US EV maker's revised Model Y yet to show signs of reviving the brand's fortunes.