Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data 
Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk 
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
On Thursday, Senate Majority leader Mitch McConnell called to delay the next vote on their version of the ‘Tax Cuts and Jobs Act’, popularly known as ‘Trump Tax Plan’ until 11:00 am Friday after heated debates nearly sent the bill back to committee. According to insiders with the knowledge of the matter, Republicans are still making some final changes to ensure that they have all the votes they need in the Senate.
Republican Senator John McCain, who was a known holdout has finally released a statement saying that he would vote in favor of the bill. Even then, the Republicans can’t afford to lose more than two votes to ensure safe passage of the bill. Senators Bob Corker (R-Tennessee), Jeff Flake (R-Arizona) and Ron Johnson (R-Wisconsin), initially suggested that they would not vote for the bill, however, under pressure they vote against sending the bill back to the Committee.
The bill is widely expected to be a major boost for the American companies and President Trump has said that it would pave way for companies to return to America and create jobs. The equity markets in America has been rising this whole year over expectations of this tax bill that plans to reduce corporate tax rate to as low as 20 percent. U.S. benchmark stock index, S&P 500 is up around 20 percent this year and currently trading at 2643.
