Asian Stocks Slide as AI Rally Pauses, South Korean Chipmakers Lead Regional Decline 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
New Zealand Fast-Tracks Gold Mining as Industry Revival Gains Momentum 
Yen Near 40-Year Low as USD/JPY Approaches Key 162 Level, Raising Intervention Concerns 
U.S.-Iran Diplomacy Helps Drive Gasoline Prices Down 15% From May Highs 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Oil Prices Drop as U.S.-Iran Talks Ease Supply Concerns 
Gold Prices Mixed as Stronger Dollar Offsets Safe-Haven Demand Amid U.S.-Iran Peace Talks 
France Faces Long Road to Economic Rebalancing as Weak Demand and High Rates Weigh, Says Citi 
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire 
Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks 
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
Asian Stocks Slip as Oil Rebounds Amid Fed Rate Hike Fears 
South Korea Stocks Tumble as AI-Fueled Rally Faces Profit-Taking Pressure 
Oil Prices Fall as Iran Peace Talks Progress, Hormuz Reopens, and U.S. SPR Hits 1983 Low 
Oil prices edged higher on Monday despite market concerns over U.S. President Donald Trump's latest tariff move on steel and aluminum imports, which could slow global economic growth and impact energy demand.
Brent crude futures gained 0.5% to $75.06 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 0.5% to $71.38. However, both benchmarks logged a third consecutive weekly decline amid fears of a global trade war.
Trump is set to announce 25% tariffs on all steel and aluminum imports, further escalating trade tensions. Last week, he imposed tariffs on Canada, Mexico, and China, only to suspend those for neighboring countries a day later. Despite this, investors appear unfazed, with IG analyst Tony Sycamore noting that markets may be adjusting to ongoing tariff-related headlines.
Meanwhile, China's retaliatory tariffs on U.S. goods take effect Monday, with no sign of resolution in trade talks. Oil and gas traders are now seeking waivers from Beijing for U.S. crude and liquefied natural gas imports.
Adding to supply disruptions, U.S. sanctions on Russian oil exports, enforced on Jan. 10, have impacted deliveries to China and India. Further, Washington increased pressure on Iran last week, imposing new sanctions on individuals and tankers transporting Iranian crude to China.
Trump stated on Sunday that progress is being made with Russia to end the Ukraine war but provided no specifics.
With geopolitical tensions and trade uncertainty weighing on the market, oil prices remain volatile. Investors continue to monitor developments that could impact global crude supply and demand.
