Asian Currencies Slide and Stocks Remain Muted Amid US Tariff Threats

Global stocks remained steady or slightly up amid cautious optimism over trade negotiations following US tariff threats, with markets reacting less severely than expected and some regions, like Europe and Asia, showing signs of resilience. The US announced higher tariffs on Japan and South Korea, but markets are hopeful for a preliminary trade deal before the August 1 deadline, while the yen and other currencies showed mixed responses.