Taiwan Weighted Index closed down 1,077.28 points (-2.31%) at 45,479.11 on Tuesday, July 7.

After the U.S. market reopened from a holiday, U.S. Treasury yields were mixed and the dollar edged higher as Middle East peace talks remain unresolved and last week’s labor data disappointed. OPEC+ agreed to boost output, weighing on oil prices. Fed minutes are due Wednesday and the economic calendar is light this week. The dollar index was up 0.2%. The 10-year Treasury yield traded at 4.459%, above last Thursday’s close of 4.447%. The two-year yield fell to 4.108% from 4.130%.

Ukraine's President Zelenskiy has asked the Security Service of Ukraine (SBU) and intelligence agencies to provide a detailed report on the incident in Vyshneve.