<h1>U.S. Jobs Report Misses Expectations, Markets React to Fed Rate Cut Speculation and Trade Tensions</h1> Asian stock markets showed mixed results following a significant decline in U.S. equities after weak U.S. employment data was released. The U.S. report revealed only 73,000 jobs added in July, far below expectations, with substantial downward revisions to prior months, raising concerns about economic slowdown. This led to increased speculation that the Federal Reserve may cut interest rates soon, despite inflation remaining above target. The U.S. President's recent imposition of broad tariffs on imports from multiple trading partners has further unsettled markets and businesses, which are warning of increased costs and profit pressures. Additionally, the President's firing of the agency head responsible for employment data raised concerns about potential political interference. Major U.S. companies reported strong earnings but faced challenges from tariffs. Treasury yields fell sharply, reflecting market expectations of monetary easing amid economic uncertainty and trade tensions.