China Home Prices Fall Again in June Despite Slower Pace of Decline 
Asian Stocks Rally as Cooling U.S. Inflation Boosts Fed Rate Cut Hopes 
Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings 
Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand 
AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software 
US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain 
Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment 
South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index 
Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions 
Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar 
Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar 
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions 
Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
US Stock Futures Fall as Netflix Outlook, Chip Selloff and Iran Tensions Weigh on Markets 
The U.S. dollar struggled to hold gains on Monday despite easing recession fears and a robust March payrolls report that reduced chances of a Federal Reserve rate cut in June. Analysts at JPMorgan and Goldman Sachs noted the strong labor data likely ensures the Fed keeps rates steady this week, with odds of a June cut dropping to 37% from 64% a month ago.
Still, the dollar showed limited strength, dipping 0.2% against both the euro at $1.1324 and the yen at 144.63, despite thin trading in Asia due to holidays. The dollar index also slipped 0.2% to 99.857. Traders remain cautious, awaiting concrete signs of a breakthrough in U.S.-China trade talks after vague signals from both sides.
President Trump claimed on Sunday that China wanted a deal, but offered no specifics. Beijing is still reviewing Washington's offer on talks regarding the 145% tariffs. Meanwhile, the Taiwanese dollar surged 5% last week amid speculation of U.S. pressure on Asian currencies.
Market confidence in the dollar remains shaky, especially amid political pressure on the Fed and increased speculative short positions, raising the risk of a sudden reversal on positive news.
The next key data point is the ISM services survey, with a weak result likely to reignite slowdown concerns. In the UK, the Bank of England is expected to cut rates by 25 basis points this Thursday, with markets watching for signals of further easing toward 3.5% by year-end.
Elsewhere, central banks in Norway and Sweden are seen holding rates steady. The Australian dollar held firm at $0.6441 following Prime Minister Anthony Albanese’s re-election, supported by global risk-on sentiment after the U.S. jobs report.
