Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook 
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution 
Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand 
Asian Stocks Slide as Nikkei Leads Losses on Tech Selloff and Rising U.S.-Iran Tensions 
Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings 
Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs 
U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation 
Oil Prices Set for Weekly Surge as U.S.-Iran Conflict Fuels Supply Fears 
Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations 
Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar 
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain 
Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia 
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List 
US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
Brazil Weighs IP Curbs, Patent Suspensions After New U.S. Tariffs 
South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index 
U.S. stock index futures fell Sunday evening following a strong week on Wall Street, as President Donald Trump announced new tariffs on Colombia, sparking market concerns. Investors are also adopting a cautious stance ahead of the Federal Reserve's interest rate decision and key economic data.
By 18:45 ET (23:45 GMT), S&P 500 Futures dropped 0.5% to 6,103.0 points, Nasdaq 100 Futures fell 1.2% to 21,646.25 points, and Dow Jones Futures edged 0.2% lower to 44,535.0 points.
Trump revealed plans to impose a 25% tariff on Colombian imports, escalating to 50% next week, after Colombia rejected U.S. repatriation flights. Additional sanctions include travel bans and visa revocations for Colombian officials. Colombia responded with threats of reciprocal tariffs on U.S. goods, potentially impacting sectors like petroleum, coffee, and flowers. Trump's announcement follows his earlier warning of possible tariffs on Mexico, Canada, China, and the EU by February 1.
Investors are closely watching the Federal Reserve's upcoming policy meeting, alongside December’s PCE price index, Q4 GDP estimates, weekly jobless claims, and consumer confidence data. These metrics could influence market direction amid inflationary concerns.
In tech, China’s AI startup DeepSeek unveiled its cost-efficient R1 model, comparable to OpenAI's ChatGPT, pressuring established players like NVIDIA. Nvidia’s stock dropped over 3% Friday and could face further challenges.
Last week, Wall Street saw gains driven by Netflix's strong earnings and the Stargate initiative. The S&P 500 rose 1.7% to 6,101.24 points, while the Dow Jones climbed 2.2% to 44,424.25, and the NASDAQ added 1.7%. This week, investors anticipate earnings reports from Meta, Microsoft, and Tesla, which may shape market sentiment further.
