Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar 
South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index 
IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production 
Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar 
Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions 
Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations 
Goldman Sees Foreign Investors Driving India Stock Market Recovery 
Japanese Yen Holds Steady as Intervention Hopes Grow Ahead of U.S. CPI Data 
Oil Prices Climb as Trump Escalates Iran Pressure, Strait of Hormuz Risks Grow 
Australia Consumer Sentiment Rises in July as Fuel Price Relief Lifts Confidence 
Oil Prices Rise as U.S. Strikes on Iran Raise Strait of Hormuz Supply Fears 
Asian Stocks Slide as Oil Surge, U.S.-Iran Tensions and Fed Rate Bets Weigh on Markets 
Oil Prices Surge as U.S.-Iran Conflict Escalates and Strait of Hormuz Risks Grow 
U.S. stock index futures were little changed on Sunday evening as investors weighed heightened geopolitical risks following a U.S. military operation in Venezuela and the detention of President Nicolas Maduro. Market participants remained cautious at the start of the first full trading week of January, balancing global uncertainty with anticipation ahead of key U.S. economic data.
S&P 500 futures edged up 0.1% to 6,908.25 points, while Nasdaq 100 futures gained 0.3% to 25,461.75 points. Dow Jones futures slipped 0.1% to 48,581.0 points, reflecting mixed sentiment as traders assessed potential market implications of the developing situation.
Wall Street closed last week without a traditional year-end rally. On Friday, the Dow Jones Industrial Average rose 0.7%, the S&P 500 added 0.2%, and the Nasdaq Composite finished largely unchanged. Thin liquidity and a lack of conviction kept gains modest as investors avoided large bets ahead of new catalysts.
Market uncertainty intensified over the weekend after U.S. forces reportedly launched strikes in Venezuela and captured President Maduro, who was flown out of the country to face charges. President Donald Trump confirmed the operation via social media, describing it as decisive action against a criminal regime and stating that the U.S. would oversee a safe and orderly political transition. While senior officials later emphasized there were no plans for long-term involvement, investor concerns lingered over potential regional and global spillovers.
Energy markets drew particular attention, given Venezuela’s position as home to the world’s largest proven oil reserves. Any disruption to supply could influence oil prices and inflation expectations, adding another layer of complexity to the outlook for equities.
Beyond geopolitics, investors are looking ahead to the U.S. December jobs report due Friday, a key indicator for Federal Reserve policy. Markets are currently pricing in two additional 25-basis-point rate cuts in 2026 following December’s easing, though divisions among policymakers have kept expectations fluid. As a result, volatility may remain elevated as traders navigate both global risks and domestic economic signals.
