Australian Business Conditions Hold Steady as Easing Cost Pressures Face New Oil Price Risks 
Goldman Sees Foreign Investors Driving India Stock Market Recovery 
Asian Stocks Slide as Oil Surge, U.S.-Iran Tensions and Fed Rate Bets Weigh on Markets 
Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment 
Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar 
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution 
South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index 
Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs 
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List 
China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength 
IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production 
China Trade Surplus Hits $125.6 Billion as June Exports, Imports Smash Forecasts 
Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions 
Oil Prices Rise as U.S. Strikes on Iran Raise Strait of Hormuz Supply Fears 
Japanese Yen Holds Steady as Intervention Hopes Grow Ahead of U.S. CPI Data 
US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
U.S. stock futures were steady on Monday evening after Wall Street’s main indexes closed at record highs, fueled by growing optimism over an expected Federal Reserve rate cut and progress in U.S.-China trade talks.
As of 20:00 ET (00:00 GMT), S&P 500 Futures edged up 0.1% to 6,914.50, Nasdaq 100 Futures gained 0.2% to 26,008.75, and Dow Jones Futures rose 0.1% to 47,749.0. Earlier, the Dow Jones Industrial Average advanced 0.7%, the S&P 500 climbed 1.2%, and the NASDAQ Composite jumped 1.9% — marking new all-time highs for the second straight session.
The rally was led by strong gains in technology and consumer discretionary stocks, as investors looked ahead to a crucial week of central bank decisions and corporate earnings. Markets are widely expecting the Federal Reserve to cut interest rates by 25 basis points at its two-day policy meeting starting Tuesday, lowering the federal funds rate to a 3.75%-4.00%range. The move comes after a softer-than-expected September CPI report reinforced expectations for monetary easing.
Investor confidence also improved following reports of constructive trade discussions between U.S. and Chinese officialsin Kuala Lumpur. The talks reportedly laid the groundwork for a potential trade framework deal, which could be finalized during the upcoming meeting between President Donald Trump and President Xi Jinping. The agreement may include rolling back certain tariffs and easing restrictions on rare-earth exports.
Meanwhile, Qualcomm (NASDAQ:QCOM) surged over 11% after launching a new AI chip, intensifying competition with Nvidia (NASDAQ:NVDA) and AMD (NASDAQ:AMD). The broader chip sector rallied on the news, boosting overall market sentiment.
Investors are also gearing up for a busy earnings week, with major reports expected from Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), and Meta Platforms (NASDAQ:META). The “Magnificent 7” tech giants continued to drive gains, supported by strong expectations for growth in artificial intelligence and cloud computing.
