ECB Set for September Rate Hike as Energy Prices Fuel Inflation 
US Stock Futures Mixed as Strong Jobs Data Boosts Fed Rate Hike Bets 
Japan Foreign Reserves Plunge $79.6 Billion After Record Yen Intervention 
Hormuz Shipping Slows as Iran Threats Lift Oil Risks 
European Stocks Flat as Iran Tensions, ECB Rate Hike Loom 
Iran Vows Tougher Response as U.S. Sanctions Squeeze Economy 
Gold Holds Near $4,400 as Fed Hike Bets Rise 
Yen Rebounds as BOJ Rate Hike Bets Rise 
Asian Stocks Mixed as Korean Chipmakers Rally 
Oil Prices Rise as Hormuz Tensions Threaten Supply 
Uranium Prices Could Top $100 as Nuclear Demand Grows 
China Exports Surge 25% in August as Trade Surplus Hits $119 Billion 
China Expands Influence in Global Gold Market 
Oil Prices Climb as Iran Threatens Gulf Energy Infrastructure 
Asian Currencies Mixed as Yen Rallies on BOJ Bets 
Hungary Industrial Output Beats Forecasts With 4.7% July Growth 
Add as a preferred source on Google
U.S. stock index futures traded little changed on Monday evening as investors prepared for a week packed with major economic data releases and Federal Reserve commentary that could shape the outlook for interest rates. Holiday-thinned trading kept volumes subdued, while markets continued to digest last week’s mixed consumer inflation report and a sharp sell-off in technology stocks.
As of 20:29 ET (01:29 GMT), S&P 500 Futures hovered near 6,852.50 points, Nasdaq 100 Futures edged slightly lower to 24,788.50 points, and Dow Jones Futures held steady around 49,554.0 points. The muted movement reflects investor caution ahead of crucial macroeconomic indicators and ongoing volatility in tech shares driven by concerns about disruptions from the artificial intelligence sector.
Market participants are closely watching the Federal Reserve’s January meeting minutes, scheduled for release on Wednesday, for clearer signals on the future path of U.S. interest rates. Several Fed officials are also expected to speak this week, potentially offering further guidance on monetary policy. In addition, industrial production and durable goods data will be released Wednesday, followed by December trade data on Thursday.
Friday’s Personal Consumption Expenditures price index, the Fed’s preferred inflation gauge, is likely to be the most closely watched report. The PCE inflation data could provide stronger clues about whether the central bank will maintain its current rate stance in the coming months.
On Friday, Wall Street ended mostly flat despite slightly cooler-than-expected January consumer price index data. While headline and core CPI figures showed modest easing, the data did not significantly shift expectations that interest rates will remain steady. Technology stocks continued to weigh on broader indexes amid AI-related uncertainty. For the week, the S&P 500 declined 1.4%, the Nasdaq Composite dropped 2.1%, and the Dow Jones Industrial Average fell 1.2%, underscoring persistent market volatility.
