Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
U.S. stock index futures edged higher Wednesday evening, driven by tech sector gains following Alphabet Inc.’s strong quarterly results and President Donald Trump’s announcement of new initiatives to boost the artificial intelligence industry.
Alphabet (NASDAQ:GOOGL) jumped 1.8% in after-hours trading after reporting second-quarter earnings per share of $2.31, beating Wall Street estimates of $2.18. The company raised its 2025 capital spending outlook to $85 billion, citing increased demand for cloud services and rapid AI integration into its core search platform, which helped lift advertising revenue by 10%.
Trump also fueled optimism with the White House’s first AI summit, unveiling a 90-part plan and signing three executive orders to strengthen U.S. leadership in AI. The measures aim to streamline federal regulations, expand AI technology exports, and prevent the use of politically biased AI. The president praised chipmakers Nvidia (NASDAQ:NVDA) and AMD (NASDAQ:AMD) as central to the country’s AI ambitions.
Futures tracked Wall Street’s earlier rally, spurred by Trump’s trade deal with Japan. The agreement imposes a 15% tariff while securing $550 billion in Japanese investment and expanded U.S. agricultural and auto exports. Hopes are rising for additional trade agreements before Trump’s proposed global tariffs of 15%-50% take effect on August 1.
As of 20:09 ET (00:09 GMT), S&P 500 Futures gained 0.1% to 6,402.25, Nasdaq 100 Futures rose 0.3% to 23,387.50, while Dow Jones Futures slipped 0.3% to 45,097.00. The S&P 500 closed earlier at a record 6,358.97. Attention now shifts to next week’s Federal Reserve meeting, where rates are expected to remain unchanged.
