Gold climbed near $3,480, a five-month high, on safe-haven demand as Asian equities slid and U.S. tariffs were ruled unlawful. Thin holiday liquidity added volatility.

Bitcoin held near $108,200, down 0.05% on Monday. It lost 3.9% in a month but remains up 83% year-on-year, with forecasts pointing to further declines.

The yen slipped to 147.20 after Tokyo CPI eased to 2.5% from 2.9%, cooling BoJ hike bets. U.S. inflation above 2% reinforced expectations for a September Fed cut.

Brent fell to $67.2 as oversupply fears and weaker demand weighed. OPEC+ output growth and the end of the U.S. driving season pressured prices further.

NASDAQ dropped 1.2% to 23,427, down 1% in a month but still 23.6% higher over 12 months. Forecasts suggest a gradual pullback into year-end.

The yuan slipped to 7.1257 per dollar, up 0.06% on the day. It gained 0.76% in a month but remains 0.13% lower over the past year.