BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
European stocks remained flat on Tuesday as gains in defence stocks balanced losses in the technology sector, which faced pressure from escalating U.S.-China tensions over semiconductor restrictions.
The pan-European STOXX 600 inched up 0.07% as of 0816 GMT. Technology stocks were the biggest laggards, dropping 0.9%, amid reports that the U.S. plans to tighten semiconductor export restrictions on China. Semiconductor giants STMicroelectronics and ASML slid 1.4% and 1.6%, respectively, while AI-exposed stocks Schneider Electric and Siemens Energy lost 1.3% and 2.2%.
Consumer goods leader Unilever saw its shares drop 3% after announcing CEO Hein Schumacher will step down, to be replaced by CFO Fernando Fernandez.
On the other hand, the European aerospace and defence sector surged over 1%, driven by reports that Germany’s potential new chancellor, Friedrich Merz, is in talks to approve €200 billion ($209.44 billion) in defence spending. German arms manufacturers Rheinmetall, Hensoldt, and Renk climbed 2.6%, 2.5%, and 6.1%, respectively.
Industrial conglomerate Thyssenkrupp soared 6% after its CEO confirmed plans for a shareholder meeting ahead of a warship division spin-off.
Investors remain cautious as geopolitical tensions and economic uncertainty continue to drive market fluctuations.
