Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
German Industry Employment Falls to Lowest Level in a Decade 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
Gold prices and Asian stock markets rebounded on Tuesday as global financial markets steadied following sharp volatility in metals trading, while investor sentiment was supported by a strong rebound in U.S. factory activity. The calmer tone helped risk assets recover after heavy losses driven by forced liquidations and leveraged trades unwinding across commodities and equities.
Japan’s Nikkei surged 2.5%, erasing most of Monday’s declines, while South Korea’s KOSPI jumped 4%. Hong Kong stock futures also pointed higher, reflecting improving regional sentiment. U.S. equity futures showed modest gains, with S&P 500 futures up 0.3% as investors prepared for a busy earnings week featuring major technology and semiconductor companies.
Australian markets were in focus ahead of the Reserve Bank of Australia’s policy decision. Strong labor market data and hotter-than-expected fourth-quarter inflation have increased expectations of a 25 basis point interest rate hike. Australian shares rose 1.3% in early trade, while the Australian dollar held firm near $0.6958 after posting its strongest monthly gain in three years during January.
Gold prices climbed more than 3% in Asian trading to around $4,800 per ounce, rebounding nearly 9% from Monday’s lows. Silver prices also jumped 5% to approximately $83.34 an ounce. Precious metals had sold off sharply following U.S. President Donald Trump’s nomination of Kevin Warsh as Federal Reserve chair, a move seen as bearish for gold due to expectations of balance sheet reduction and higher bond yields. However, market participants noted the sell-off went beyond fundamentals, triggering a broad liquidation of leveraged positions.
On Wall Street, U.S. manufacturing activity expanded for the first time in a year, according to PMI data, lending support to equities and Treasury yields. The benchmark 10-year yield steadied near 4.275%, while the two-year yield held around 3.57%. Technology stocks led gains, pushing the S&P 500 higher, with Alphabet reaching a record high ahead of earnings. Disney shares fell sharply after warning of weaker earnings and declining international tourism.
Currency markets stabilized after recent dollar volatility. The euro traded near $1.18, the yen hovered around 155.54 per dollar, and the rupee was supported by news of a U.S.-India trade deal. Meanwhile, Brent crude oil fell 6% to $66.30 per barrel amid easing U.S.-Iran tensions, adding another layer to shifting global market dynamics.
