Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
U.S. stock index futures saw a modest uptick on Sunday evening after White House officials confirmed that additional trade negotiations with China are planned in the coming days, easing fears of escalating trade tensions. Investors are turning their attention to a packed week of third-quarter earnings, with Tesla and Netflix among the most anticipated reports.
As of 19:53 ET (23:53 GMT), S&P 500 Futures inched up to 6,704.75 points, Nasdaq 100 Futures gained 0.1% to 25,307.25 points, while Dow Jones Futures remained nearly flat at 46,385.0 points. The gains followed a positive close on Friday, when markets rallied after President Donald Trump stated that steep tariffs on Chinese imports were “unsustainable,” fueling optimism for a potential deescalation in the U.S.-China trade war.
However, lingering concerns about a possible credit crunch among regional U.S. banks capped broader market momentum. Wall Street indexes—US500, IXIC, and DJI—all rose around 0.5% on Friday, reflecting cautious optimism after a volatile start to October that saw equities retreat from record highs amid tariff threats.
In related developments, Treasury Secretary Scott Bessent announced plans to meet Chinese officials in Malaysia this week to further ease trade tensions. Trump also confirmed a meeting with Chinese President Xi Jinping in South Korea in two weeks, boosting hopes of a diplomatic breakthrough.
Investors are also bracing for a wave of major corporate earnings this week. Alongside Tesla and Netflix, reports are expected from GE Aerospace, Coca-Cola, Philip Morris, RTX Corp, General Motors, Lockheed Martin, and Texas Instruments. Markets are watching closely to see whether U.S. corporate profits can withstand the combined pressures of trade disruptions and a cooling labor market. Despite challenges, strong results from major banks last week have provided modest support for Wall Street’s resilience.
