Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
U.S. stock index futures fell sharply on Sunday evening after former President Donald Trump announced plans to impose new trade tariffs on several European countries, unsettling global markets and driving investors toward safe-haven assets. The comments sparked renewed concerns about trade tensions, geopolitical risk, and their potential impact on the global economy, sending gold prices to a fresh record high in late trading.
As of 18:41 ET (23:41 GMT), S&P 500 futures dropped 0.7% to 6,930.0 points. Nasdaq 100 futures declined nearly 1% to 25,437.50 points, while Dow Jones futures fell 0.6% to 49,269.0 points. Trading volumes remained thin ahead of Monday’s Martin Luther King Jr. Day holiday, amplifying market volatility. The declines followed a mildly negative session on Friday, with investors already cautious ahead of a busy earnings calendar.
Market sentiment deteriorated after Trump said he would impose an additional 10% tariff starting February 1 on goods imported from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland, and Britain. He added that the tariffs could rise to as much as 25% by June if negotiations over Greenland fail to produce a deal. The remarks reignited fears of a broader trade conflict between the U.S. and Europe, particularly as several European governments, including France, signaled potential retaliatory measures.
Trump reiterated his long-standing stance that Greenland should become part of the United States, arguing it is critical for national security. Greenland is a self-governing territory under the Kingdom of Denmark, and the proposal has been widely rejected by European leaders. The rhetoric drew additional attention given Trump’s earlier suggestion of possible military involvement and heightened geopolitical tensions following a U.S. incursion in Venezuela earlier this year.
Looking ahead, investors are shifting focus to key fourth-quarter earnings reports expected this week. Netflix, Johnson & Johnson, 3M, U.S. Bancorp, Charles Schwab, Prologis, and Halliburton are among major companies set to report results. These earnings will be closely analyzed for insights into consumer demand, corporate profitability, and the broader U.S. economic outlook, especially after mixed signals from major bank earnings last week.
