OPEC+ Expected to Hold October Oil Output Steady 
China Expands Influence in Global Gold Market 
Turkey Targets 5% Economic Growth by 2029 
Yen Rebounds as BOJ Rate Hike Bets Rise 
Singapore Straits Times Index Hits Record High as Banks, Property Stocks Rally 
Asian Currencies Mixed as Yen Rallies on BOJ Bets 
Iran Plans New Gulf Restricted Zone as Hormuz Tensions Push Oil Higher 
US Stock Futures Mixed as Strong Jobs Data Boosts Fed Rate Hike Bets 
Iran Vows Tougher Response as U.S. Sanctions Squeeze Economy 
ECB Set for September Rate Hike as Energy Prices Fuel Inflation 
Hong Kong Eyes Offshore Yuan Expansion, Deeper China Market Links 
Japan Foreign Reserves Plunge $79.6 Billion After Record Yen Intervention 
China to Inject $45 Billion Into State Financial Institutions 
Oil Prices Rise as Hormuz Tensions Threaten Supply 
Japan, US Target AI and Chips in $550 Billion Investment Push 
US Oil Blockade Deepens Iran’s Economic Crisis 
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U.S. stock index futures traded mostly flat on Monday evening as investors remained cautious ahead of the latest U.S. consumer inflation report and ongoing tensions in the Middle East. Market sentiment was also influenced by expectations surrounding a potential meeting between U.S. President Donald Trump and Chinese President Xi Jinping later this week.
S&P 500 Futures held near 7,438 points, while Dow Jones Futures stayed relatively unchanged at 49,802 points. Nasdaq 100 Futures posted slight gains, supported by continued optimism surrounding artificial intelligence and semiconductor stocks. Wall Street closed at fresh record highs on Monday, with chipmakers once again leading the rally.
The S&P 500 finished up 0.2% at a record 7,412.87, while the Dow Jones Industrial Average also gained 0.2%. The Nasdaq Composite edged 0.1% higher as investors continued to favor technology and AI-related companies.
Attention is now firmly focused on Tuesday’s U.S. Consumer Price Index (CPI) report, which could provide important clues about inflation trends and the Federal Reserve’s interest rate outlook. Economists expect headline CPI inflation to rise sharply to 3.7% year-over-year, while core inflation is projected to remain stable at 2.7%.
Rising oil prices linked to the Iran conflict have increased concerns about inflationary pressure. Crude prices remain near four-year highs due to supply disruption fears and uncertainty surrounding the Strait of Hormuz, a key global shipping route. Higher energy prices have already started impacting domestic fuel costs and investor expectations for future Fed rate cuts.
Geopolitical tensions also weighed on sentiment after President Trump reportedly rejected Iran’s latest proposal aimed at ending the conflict. Comments suggesting possible renewed U.S. involvement in securing the Strait of Hormuz further increased market uncertainty.
Investors are now closely monitoring inflation data, oil prices, and geopolitical developments for direction on Wall Street and global financial markets in 2026.
