Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate 
U.S.-Indonesia Trade Deal Faces Uncertainty as Jakarta Reconsiders Key Commitments 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
Global Forex Markets Brace for Fed Decision as Yen Extends Weakness 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
U.S. stock index futures held steady Monday evening after Wall Street extended its rebound for a second session, driven by bargain hunting and positive economic data. However, gains were capped as investors remained cautious ahead of the Federal Reserve’s two-day meeting and awaited key insights from Nvidia’s developer conference.
The S&P 500 Futures stayed flat at 5,732.25, while Nasdaq 100 Futures hovered at 20,035.25 by 19:29 ET. Dow Jones Futures steadied at 42,231.0. Investors widely expect the Fed to keep interest rates unchanged, but signs of labor market cooling and recession concerns could soften its hawkish stance. Inflation and uncertainty over former President Donald Trump’s proposed tariffs remain key risks.
Nvidia (NASDAQ:NVDA) steadied in after-hours trading after a 1.8% dip during Monday’s session. The stock remains down 20% from its January peak as investor sentiment toward AI stocks wavers. CEO Jensen Huang is set to deliver the keynote at Nvidia’s GTC 2025 conference Tuesday, potentially unveiling advancements in AI chips, including its Blackwell line.
Meanwhile, Wall Street closed higher Monday, extending its recovery from last week’s correction. The S&P 500 gained 0.6%, the Nasdaq Composite rose 0.3%, and the Dow added 0.9%. Retail sales data showed stronger-than-expected growth, excluding gasoline and automobiles, though overall sales underperformed expectations. The Atlanta Fed revised its Q1 GDP outlook to a 2.1% decline, slightly better than prior estimates of 2.4%.
While optimism over a Russia-Ukraine ceasefire provided some risk support, Trump’s renewed tariff threats kept markets wary. Investors now turn to the Fed and Nvidia for crucial market-moving updates.
