Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
European Stock Markets Show Mixed Results
European stock markets traded in a mixed fashion on Tuesday as investors evaluated third-quarter corporate earnings amid uncertainty regarding global economic growth and interest rate trajectories.
As of 03:10 ET (07:10 GMT), Germany's DAX index was up by 0.5%, while France's CAC 40 fell by 0.1%, and the UK's FTSE 100 declined by 0.4%.
IMF to Update Global Growth Forecasts
The European Central Bank recently cut interest rates for the first time back-to-back since 2011 due to concerns over the region's economic activity. Later today, the International Monetary Fund (IMF) will update its global growth forecasts. IMF Managing Director Kristalina Georgieva highlighted a weak outlook for the global economy, emphasizing challenges in China and Europe.
Corporate Updates
In corporate news, HSBC shares dipped 0.4% after announcing the appointment of Pam Kaur as its first female finance chief and a consolidation into four business units. Conversely, SAP stock surged over 5% after raising its full-year targets, driven by a strong cloud business and artificial intelligence growth.
Mulberry rejected a second takeover proposal from the Frasers Group, labeling it as "untenable." InterContinental Hotels saw a 2% decline despite reporting growth in third-quarter room revenue, citing a subdued U.S. market. In contrast, Randstad shares rose 4% after slightly beating quarterly profit expectations.
Oil Prices Dip on Demand Concerns
Oil prices fell due to concerns about global demand, particularly from China. The Brent contract slipped 0.7% to $73.74 per barrel, while U.S. crude futures (WTI) fell 0.7% to $69.54 per barrel. The International Energy Agency's Fatih Birol warned that economic weakness in China would continue to hinder global oil demand.
