European Stocks Rise as Markets Await Key U.S. Inflation Data 
Japan’s Nikkei Drops 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 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
U.S. stock futures surged Sunday evening, rebounding after last week’s steep losses, as investors reacted positively to President Donald Trump’s reassuring comments on trade relations with China. The recovery offered relief after fears of a deepening trade war had rattled Wall Street.
At 19:43 ET (23:43 GMT), S&P 500 Futures climbed 1.1% to 6,665.50, Dow Jones Futures rose 0.7% to 46,027.0, and Nasdaq 100 Futures jumped 1.6% to 24,781.0 points. The gains came after Trump struck a conciliatory tone, saying on social media, “Don’t worry about China, it will all be fine,” and adding that the U.S. aims to “help China, not hurt it.” His remarks hinted that negotiations between the world’s two largest economies may continue despite recent tensions.
The optimism followed a turbulent Friday when U.S. markets saw their worst single-day decline in six months. The Dow fell 1.9%, the S&P 500 dropped 2.7%, and the Nasdaq tumbled 3.6%, with technology and semiconductor stocks leading losses. The sell-off was triggered by Trump’s announcement of a 100% tariff on all Chinese imports and new export controls on sensitive U.S. software—measures that Beijing quickly criticized, warning of “all necessary countermeasures” if Washington proceeds.
Despite Sunday’s rebound, market sentiment remains cautious. China’s Commerce Ministry reiterated its readiness to defend its interests, emphasizing that it is “not afraid” of a trade confrontation. Meanwhile, the ongoing U.S. government shutdown—now in its second week—continues to weigh on economic confidence, delaying vital data releases ahead of the Federal Reserve’s October 28–29 meeting.
Adding to the week’s focus, the U.S. earnings season kicks off with major banks leading the charge. Citigroup, JPMorgan Chase, Wells Fargo, and Goldman Sachs report Tuesday, followed by Bank of America and Morgan Stanley on Wednesday. Investors will watch results closely for signs of resilience amid global trade uncertainty and domestic political gridlock.
