Shares stumble, oil rises as investors await AI sector earnings

Asian stocks declined broadly on Tuesday as geopolitical risks unsettled sentiment ahead of earnings from key AI companies, with crude prices climbing on the back of a Trump administration executive order waiving some sanctions and tariffs on Russian energy. The euro recovered some of its losses from the prior session, caused by riots in France, while oil prices rebounded.

Markets are now waiting for corporate earnings, particularly from AI giants like Meta and Tesla. French sovereign risk has influenced European equities, but the euro's resilience indicates traders do not view it as a widespread European issue. US stock futures rose marginally, and the dollar index slipped slightly, with the euro strengthening against the dollar.

Inflationary concerns have prompted most major central banks to adopt a tightening stance, though policymakers seem cautious about raising interest rates further.