U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Wall Street share futures edged higher in Asia on Monday after the White House announced exemptions on smartphones and computers from the latest U.S. "reciprocal" tariffs targeting Chinese imports. While the move temporarily eased trade tensions, market gains remained limited as President Donald Trump warned more tariffs could follow.
The exemption, which covers 20 product categories—or 23% of total U.S. imports from China—offered a short-term boost for tech manufacturers. Still, analysts remained skeptical about long-term stability. JPMorgan's chief economist Bruce Kasman cautioned that a universal 10% tax and the hefty 145% tariff on China remain significant risks, projecting a 60% chance of a U.S. or global recession.
S&P 500 futures rose 0.8%, and Nasdaq futures gained 1.25%, extending last week’s rally. Yet, markets remain below April highs when tariff tensions first escalated. Investors are now eyeing corporate earnings from major banks including Goldman Sachs and Citigroup, as well as TSMC’s results amid Trump’s push to probe the global semiconductor supply chain.
Key economic data this week includes U.S. retail sales and China's GDP. Federal Reserve Chair Jerome Powell will also speak on Wednesday, with markets eager for insights on potential rate cuts and Treasury market volatility.
In bonds, 10-year U.S. Treasury yields remained elevated at 4.49%, reflecting recent sharp increases in borrowing costs. Meanwhile, the MSCI Asia-Pacific index rose 0.6%, and Japan’s Nikkei surged 2.0% amid fluctuating trade headlines.
Currency markets remained volatile. The dollar traded at 143.72 yen and hovered near decade lows against the Swiss franc. The euro stood at $1.1334 ahead of the ECB’s expected rate cut. Gold prices remained strong at $3,218 per ounce, while Brent crude dipped slightly to $64.67 a barrel.
