Japan's Nikkei 225 erased earlier gains, trading 0.65% lower.

NETANYAHU said Israel is not in a permanent state of war and that, together with US President TRUMP, he helped secure four peace agreements. He said those seeking Israel’s protection include Lebanese Christians, Druze, Sunni Muslims and a significant number of Shi'ite Muslims.

Refinitiv, citing a US senior official, said President Trump plans to meet Ukrainian President Zelenskiy on July 8 at the NATO summit in Turkey to discuss ending the war and is likely to call Russian President Putin after the meeting; the official said Trump is eager to press for a quick resolution. Russian presidential aide Ushakov said earlier that Putin told Trump Russia is prepared to pursue a diplomatic settlement based on a Russian proposal, and that the two discussed the resolution process and Trump’s upcoming trip to the summit.