Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Asian stock markets rose on Tuesday, driven by renewed optimism over U.S.-China trade negotiations and potential easing of chip export restrictions. Investor sentiment improved after reports suggested U.S. President Donald Trump is considering lifting curbs on semiconductor exports to Beijing, a move seen as a step toward easing tensions.
S&P 500 futures gained 0.5% in Asian trade, buoyed by Trump’s comments that Monday’s trade talks went well and would continue into Tuesday. The talks, held in London, have reignited hopes that the two largest economies will deescalate their trade conflict, following a temporary truce in May.
Chinese equities edged higher, with the CSI 300 and Shanghai Composite gaining 0.2% and 0.1% respectively, while Hong Kong’s Hang Seng rose 0.1%. However, weak Chinese economic data—disappointing May exports and cooling inflation—tempered overall market enthusiasm.
A Wall Street Journal report said Trump authorized Treasury Secretary Scott Bessent’s team to negotiate easing recent tech restrictions in exchange for China scaling back rare earth export controls. China remains a dominant supplier of these critical minerals.
Broader Asian markets advanced on trade optimism and strength in U.S. tech stocks, particularly chipmakers. South Korea’s KOSPI jumped 1% to an 11-month high, extending gains after the liberal party's recent election victory. Japan’s Nikkei 225 and TOPIX rose 1% and 0.5%, respectively, following strong GDP data. Australia’s ASX 200 climbed 0.8%, nearing a record peak.
Singapore’s Straits Times index was flat, while Gift Nifty 50 Futures inched up 0.1%, suggesting a positive open for Indian equities.
Investors now turn their focus to key U.S. consumer inflation data due Wednesday, which could influence future Federal Reserve policy moves.
