Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
U.S. stock index futures edged lower Sunday night after President Donald Trump dismissed Iran’s response to a U.S.-backed peace proposal aimed at ending the ongoing conflict and reopening the Strait of Hormuz. Investor sentiment weakened as fears of prolonged geopolitical instability in the Middle East continued to pressure global markets and drive oil prices higher.
S&P 500 Futures declined 0.1% to 7,398.93 points, while Dow Jones Futures dropped 0.2% to 49,610. Nasdaq 100 Futures remained mostly unchanged at 29,329.75. Despite the slight pullback, Wall Street remained close to record highs, supported by continued strength in technology and semiconductor stocks, along with signs of resilience in the U.S. economy.
Trump described Iran’s response to the 14-point American proposal as “totally unacceptable” after Tehran reportedly delivered its position through Pakistani mediators. Iran rejected demands to dismantle its nuclear facilities and opposed suspending uranium enrichment for the next 20 years. Tehran instead called for an end to military operations, a gradual reopening of commercial shipping routes in the Strait of Hormuz, and the lifting of the U.S. naval blockade before entering further nuclear negotiations.
The latest developments suggest there is little immediate hope for de-escalation in the U.S.-Israel-Iran conflict. Oil prices surged following Trump’s comments, as traders feared additional disruptions to energy supplies and shipping routes in the Gulf region.
Meanwhile, Wall Street closed at fresh record highs on Friday, fueled by strong gains in chipmaking companies. Investors remain optimistic about booming AI-related demand, which has significantly boosted semiconductor valuations in recent weeks. Intel shares jumped nearly 14% after reports indicated the company reached a preliminary chip production agreement with Apple.
Markets were also supported by stronger-than-expected U.S. nonfarm payrolls data for April, reinforcing confidence in the economy and increasing expectations that the Federal Reserve will keep interest rates unchanged for the remainder of the year.
