Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Asian stock markets plunged Monday amid intensifying recession fears and escalating trade tensions, as the White House stood firm on its tariff plans. Investors increasingly bet on aggressive U.S. rate cuts, with futures pricing in nearly five quarter-point cuts this year, pulling Treasury yields sharply lower.
President Donald Trump reiterated his stance on trade, saying no deal would be made with China until the U.S. trade deficit is addressed. Beijing responded by letting markets interpret its retaliatory plans, adding to the uncertainty.
S&P 500 futures fell 3.1%, while Nasdaq futures dropped 4%, deepening last week’s $6 trillion market loss. European futures also sank, with EUROSTOXX 50 down 3%, FTSE futures off 2.7%, and Germany’s DAX down 3.5%. In Asia, Japan’s Nikkei plunged 6%, South Korea shed 5%, and Chinese blue chips slid 4.4%. Taiwan’s index dropped nearly 10% following a market holiday, prompting a short-selling curb.
Oil prices extended losses, with Brent crude falling to $64.23 per barrel and U.S. crude to $60.60. The flight to safety pushed 10-year Treasury yields down to 3.916% and boosted Fed fund futures, now reflecting a 56% chance of a rate cut by May.
The dollar weakened against safe-haven currencies, slipping 0.4% versus the yen and 0.6% against the Swiss franc. Meanwhile, inflation concerns linger, with U.S. CPI expected to rise 0.3% in March. Analysts warn tariffs may soon push consumer prices and business costs higher, eroding profit margins.
Gold dipped 0.3% to $3,026 as investors scrambled to cover margin calls, fueling fears of a broader fire sale. As earnings season begins, Goldman Sachs anticipates fewer companies will issue forward guidance due to tariff-related uncertainty and shrinking margins.
