Gold Prices Rebound as Dollar Weakens, Fed Decision Looms 
China Inflation Accelerates in August as CPI, PPI Rise 
UK House Prices Fall for First Time Since 2023 
South Korea GDP Surges on Chip and AI Boom 
China to Inject $45 Billion Into State Financial Institutions 
Oil Prices Rally as Brent Nears $100 on U.S.-Iran Escalation 
China Exports Surge 25% in August as Trade Surplus Hits $119 Billion 
US Bans Canadian Alcohol, Motorcycles as Trade War Escalates 
Japanese Yen Nears Seven-Month High as Oil Approaches $100 
Asian Stocks Mixed as Korean Chipmakers Rally 
Iraq Seeks 6 Million Bpd OPEC+ Oil Quota 
Gold Prices Rise as Yen Rally Weakens Dollar 
Iran Threatens Gulf Energy Assets as U.S. Tensions Escalate 
Hormuz Shipping Slows as Iran Threats Lift Oil Risks 
UK Food Inflation Forecast to Hit 6.4% by Mid-2027 
Japan GDP Growth Beats Forecast, Boosting BOJ Rate Hike Bets 
Add as a preferred source on Google
U.S. stock futures edged higher Tuesday evening after a sharp sell-off on Wall Street, as investors remained cautious over President Donald Trump’s shifting tariff policies.
S&P 500 Futures gained 0.3% to 5,594.25, Nasdaq 100 Futures rose 0.4% to 19,473.0, and Dow Jones Futures increased 0.2% to 41,556.0.
Earlier, Trump unexpectedly announced a 50% tariff on Canadian steel and aluminum, escalating trade tensions in response to Ontario’s 25% surcharge on electricity exports. However, the tariff hike was swiftly rescinded after Ontario Premier Doug Ford suspended the surcharge and scheduled talks with U.S. Commerce Secretary Howard Lutnick.
Tuesday’s session saw continued market declines. The S&P 500 fell 0.8%, the Dow dropped 1.1%, and the Nasdaq Composite dipped 0.2%, extending Monday’s losses. Tesla rebounded 3.7% after a 15% plunge, while NVIDIA gained 1.8%, and Broadcom rose 3.1%. Delta Air Lines tumbled 7% after cutting its Q1 profit outlook, citing weak demand and economic uncertainty.
Investors now await the upcoming Consumer Price Index (CPI) report, which could impact the Federal Reserve’s interest rate decision next week.
