Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
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 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
U.S. stocks surged Monday, bouncing back from Friday’s sharp selloff as investors welcomed signs of easing tensions between Washington and Beijing. The S&P 500 jumped 1.6%, the Nasdaq Composite soared 3.2%, and the Dow Jones Industrial Average climbed 588 points, or 1.3%, after President Donald Trump struck a conciliatory tone toward China.
Trump said over the weekend that “everything will be fine” and that the U.S. was not looking to harm China, remarks that helped calm fears of a full-blown trade war. His earlier threats to impose tariffs of up to 100% on Chinese goods and restrict exports of critical U.S. software had rattled markets, especially after Beijing expanded its export curbs on rare earth materials. However, the upcoming meeting between Trump and Chinese President Xi Jinping could offer a diplomatic “off-ramp,” analysts at Capital Economics noted.
Despite hopes of de-escalation, traders remain cautious amid unpredictable policy shifts. A deeper U.S.-China rift could still weigh heavily on both economies, though China’s resilience has exceeded expectations so far.
Tech stocks led Monday’s rally, fueled by artificial intelligence enthusiasm and prospects for lower interest rates. Broadcom shares surged 10% after announcing a multiyear partnership with OpenAI to develop and deploy 10 gigawatts of custom AI accelerators and computing systems by 2029. Oracle also gained ahead of its major AI event in Las Vegas, while chipmakers ASML and TSMC prepare to release earnings later this week.
In media news, Warner Bros Discovery (NASDAQ: WBD) jumped after reports that it rejected a $20-per-share takeover offer from Paramount Skydance, potentially setting the stage for renewed negotiations or a hostile bid.
Meanwhile, gold prices soared to new record highs, with spot gold hitting $4,109.79 per ounce and U.S. futures climbing to $4,128.85, as investors sought safety amid global uncertainty. Silver also reached an all-time high, underscoring strong safe-haven demand despite improving market sentiment.
