Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
U.S. stock index futures fell Sunday evening as investor sentiment weakened ahead of President Donald Trump’s April 2 tariff deadline. Risk aversion grew amid escalating trade tensions and persistent inflation concerns, following a sharp Wall Street selloff on Friday.
S&P 500 futures declined 0.7% to 5,585.75, Nasdaq 100 futures dropped 1.2% to 19,217.50, and Dow Jones futures slipped 0.4% to 41,693.0 by 20:05 ET. The losses followed Friday’s slump, driven by hotter-than-expected inflation data, raising fears of prolonged high interest rates and economic slowdown.
Markets were further unnerved by reports that Trump is planning broader and more aggressive trade tariffs, with April 2 marked as "liberation day." The White House is expected to target multiple sectors—including commodities, semiconductors, and pharmaceuticals—in addition to a 25% tariff on all non-U.S. cars. These tariffs, likely to be absorbed by American importers, could stoke inflation and weigh on U.S. growth.
Adding to the bearish outlook, Goldman Sachs now sees a 35% chance of a U.S. recession within the next year, and projects inflation to stay above the Federal Reserve’s 2% target in 2025.
Friday’s inflation report, showing a hotter PCE price index—the Fed’s preferred gauge—sparked expectations that interest rates may remain elevated. Concerns over the economic impact of tariffs only compounded investor fears.
Technology stocks also dragged markets lower, with NVIDIA and other AI-related firms hit by signs of slowing investment in data centers. The S&P 500 fell nearly 2% to 5,580.94, the Nasdaq Composite lost 2.7% to 17,322.99, and the Dow Jones dropped 1.7% to 41,683.90.
The combination of trade risks, inflation pressures, and tech sector weakness continues to cloud the U.S. market outlook.
