BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Wall Street surged on Friday, with the S&P 500 and Nasdaq closing at all-time highs as investor sentiment rose on trade deal optimism and growing expectations for interest rate cuts by the Federal Reserve. Despite some volatility after President Trump ended trade talks with Canada over its digital tax on tech firms, all three major U.S. indexes logged weekly gains.
The Nasdaq officially entered a bull market, climbing more than 20% from its April 8 low. The Dow Jones Industrial Average jumped 432.43 points (1.00%) to 43,819.27, the S&P 500 added 32.05 points (0.52%) to 6,173.07, and the Nasdaq gained 105.55 points (0.52%) to close at 20,273.46.
Investors are increasingly betting on a Fed rate cut, with CME’s FedWatch tool showing a 76% probability of a September cut and 19% odds for July. Economic data added fuel to the rally, with May’s PCE report showing unexpected drops in consumer income and spending, while inflation stayed above the Fed’s 2% target. Consumer sentiment also improved, though it remains below post-election highs.
In sector performance, consumer discretionary led the S&P 500, while energy lagged. AI stocks gained momentum as Micron’s strong outlook boosted investor confidence. Nvidia rose 1.8%, approaching a $4 trillion valuation. Nike shares soared 15.2% after better-than-expected guidance.
Market breadth showed advancing NYSE stocks outpacing decliners by 1.29-to-1, with 347 new highs. On Nasdaq, decliners slightly outnumbered gainers. The session saw unusually high trading volume, hitting 22.07 billion shares versus the 20-day average of 18.27 billion.
Overall, investors continue riding bullish momentum driven by AI optimism, monetary policy expectations, and hopes for global trade resolution.
