[MARKET UPDATE] Mixed start to Asia-Pac trade amid trade uncertainty after the US Supreme Court's ruling against Trump's IEEPA tariffs, while a couple of key regional markets also remain closed for holiday

Mixed start to Asia-Pac trade amid trade uncertainty after the US Supreme Court's ruling against Trump's IEEPA tariffs, while a couple of key regional markets also remain closed for holiday.

The ruling against Trump's IEEPA tariffs contributes to trade uncertainty, potentially complicating US-China relations and impacting market sentiment across equities and commodities in the Asia-Pacific region. The mixed start suggests traders are balancing the implications of this legal decision with regional market closures due to holidays, leading to a cautious approach in risk assets. Watch for further developments that could influence capital flows and currency valuations, particularly in USD and JPY.