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Oil prices declined in early Asian trade amid indications of increasing crude exports from the Middle East. ANZ Research analysts noted that exports from the Persian Gulf have risen significantly over the past week, approaching pre-U.S.-Iran conflict levels.
The S&P/TSX Composite fell 0.1% to 35,460.27, its lowest close since July 31, as oil prices declined and investors weighed July unchanged GDP and August preliminary growth.
Reuters Asia morning markets round-up for Sept. 30 showed global equities mostly lower, with major bond yields elevated and currencies mixed. Gold rose 1% after a recent low, while Brent crude fell.
Stock markets were mixed across Asia and elsewhere on Tuesday as bond yields extended recent gains. Gold rose 1%, while the dollar strengthened against major currencies.
Osaka rubber March contract fell 0.2% to 444.1 yen/kg; SHFE January rubber dropped 2.29% to 19,010 yuan/ton on Tuesday.