Oil Prices Pull Back After Two-Week Rally as Middle East Supply Risks Persist 
US Dollar Posts Best Weekly Gain in Over a Month as Middle East Tensions Boost Safe-Haven Demand 
India to Continue U.S. Trade Talks After Trump Imposes 10% Import Tariff 
Japan’s Nikkei Slides Over 2% as Alphabet Selloff Sparks AI Spending Concerns 
Trump Administration Imposes New Forced Labor Tariffs on 60 Trading Partners 
Gold Price Holds Above $4,000 as Fed Rate Hike Bets Rise on Oil-Driven Inflation 
BOJ Seen Holding Rates at 1% While Keeping Inflation Risk Warning 
Gold Price Holds Above $4,130 as Fed Rate Outlook and Middle East Tensions Support Safe-Haven Demand 
Wall Street Ends Mixed as Fed Decision, Earnings and Tariffs Keep Investors on Edge 
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations 
Canada Vows Trade Fight as Trump Imposes 50% Tariffs 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
Japan CPI Rises in June, but Core Inflation Stays Below BOJ’s 2% Target 
US-Mexico USMCA Talks Advance as Auto Rules Remain Major Sticking Point 
Trump Threatens Iran With 'Major Military Punishment' as Red Sea Attacks Push Oil Above $100 
Asian Stocks Slide as Oil Tops $100, Middle East Conflict Fuels Inflation Fears 
U.S. stock index futures surged Sunday night as easing geopolitical tensions in the Middle East pushed oil prices sharply lower, boosting investor sentiment ahead of a critical week featuring the Federal Reserve's policy meeting, major technology earnings, and key U.S. economic data.
As of 8:43 p.m. ET, S&P 500 Futures climbed 0.7% to 7,499.25, Nasdaq 100 Futures jumped 1.3% to 28,635.75, and Dow Jones Futures gained 0.6% to 52,410. Despite the upbeat start to the week, Wall Street closed Friday with mixed results, and all three major indexes ended the previous week in negative territory. The Nasdaq Composite fell roughly 2.1%, while the S&P 500 and Dow Jones Industrial Average declined 0.6% and 0.4%, respectively.
Investor confidence improved after President Donald Trump paused U.S. military strikes against Iran late Friday, ending a 13-day bombing campaign to allow diplomatic negotiations to move forward. Over the weekend, neither the U.S. nor Iran launched new attacks, easing concerns about a broader regional conflict.
The temporary ceasefire triggered a sharp decline in oil prices, with Brent crude and U.S. crude both dropping more than 5% during Asian trading. Lower energy prices reduced fears of renewed inflationary pressure, offering markets optimism that the Federal Reserve's policy path may become less complicated.
Markets are now focused on the Fed's two-day policy meeting, which concludes Wednesday. While policymakers are widely expected to keep interest rates unchanged, investors will closely monitor Fed Chair Kevin Warsh's remarks for signals on future rate cuts and the central bank's inflation outlook.
The week also features earnings reports from major technology companies, including Apple, Microsoft, Amazon, and Meta Platforms. Investors will be watching for updates on artificial intelligence investments, cloud computing demand, and capital spending after concerns over rising AI-related costs recently pressured tech stocks.
Additional market-moving events include the release of second-quarter U.S. GDP figures and the Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve's preferred inflation measure, both of which could influence expectations for future monetary policy.
