Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks 
Yen Near 40-Year Low as USD/JPY Approaches Key 162 Level, Raising Intervention Concerns 
Japan, U.S. Discuss Yen Weakness as Currency Intervention Concerns Grow 
Japan Manufacturing Growth Accelerates in June as Orders Surge Despite Iran War Cost Pressures 
Asian Stocks Slide as AI Rally Pauses, South Korean Chipmakers Lead Regional Decline 
New Zealand Fast-Tracks Gold Mining as Industry Revival Gains Momentum 
Asian Stocks Slip as Oil Rebounds Amid Fed Rate Hike Fears 
South Korea Stocks Tumble as AI-Fueled Rally Faces Profit-Taking Pressure 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire 
U.S.-Iran Diplomacy Helps Drive Gasoline Prices Down 15% From May Highs 
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
Russian Stocks End Flat as MOEX Index Hits New 52-Week Low 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
US Stock Futures Recover as Iran Signals Progress in Peace Talks 
US Dollar Hits One-Year High as Hawkish Fed Outlook Overshadows Middle East Developments 
U.S. stock futures edged higher Sunday evening, attempting to recover from last week’s steep losses driven by economic concerns and political uncertainty. Investors are now focusing on Nvidia’s upcoming earnings, a key event for the AI sector.
On Friday, weak U.S. services PMI data and soft consumer sentiment heightened fears of an economic slowdown, dragging Wall Street lower. The Federal Reserve may consider rate cuts, but slowing growth raises concerns about corporate earnings. Market anxiety was further fueled by former President Donald Trump’s renewed tariff threats, targeting automobiles, pharmaceuticals, semiconductors, and lumber imports.
Amid the turbulence, Nvidia saw a sharp 4.1% decline, reflecting doubts about AI’s sustainability, particularly after China’s DeepSeek launch in January. Investors are eager for Nvidia’s earnings report on Wednesday, seeking insights into AI demand and the company’s outlook. Any comments on DeepSeek’s impact could significantly influence market sentiment.
S&P 500 Futures rose 0.4% to 6,050.25, while Nasdaq 100 Futures gained 0.4% to 21,758.50. Dow Jones Futures climbed 0.3% to 43,610.0. Despite this slight rebound, Friday’s session saw heavy selling: the S&P 500 fell 1.7% to 6,013.13, the NASDAQ Composite dropped 2.2% to 19,524.01, and the Dow slid 1.7% to 43,428.02.
The recent pullback follows a series of record highs in February, leading to profit-taking amid uncertainty. Nvidia’s earnings will be a major catalyst for the market, as investors assess whether AI demand remains strong or if concerns over rising competition will weigh on the sector’s growth.
