India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
The Japanese yen slipped to its weakest level in more than nine months in early Asian trading on Tuesday, pressured by a stronger U.S. dollar and fading expectations of an imminent Federal Reserve rate cut. The dollar rose as much as 0.1% to 155.29 yen, marking the Japanese currency’s softest point since February 4. Investors are now turning their attention to the delayed U.S. September payrolls report due Thursday, which could further shape market sentiment.
Japan’s recent currency moves sparked concern from Finance Minister Satsuki Katayama, who noted that policymakers are “alarmed” by the yen’s rapid, one-sided decline. Her comments underscore growing anxiety about the economic fallout of a weak yen, which raises import costs and strains household spending.
Prime Minister Sanae Takaichi is scheduled to meet Bank of Japan Governor Kazuo Ueda later on Tuesday. Takaichi, known for supporting aggressive fiscal stimulus and ultra-loose monetary policy, has appointed like-minded policymakers to key roles—an approach that typically weighs on the yen’s value. Meanwhile, market pricing through the CME FedWatch tool shows the likelihood of a 25-basis-point Fed rate cut in December has dropped to 43%, down sharply from 62% a week ago.
The dollar index also strengthened, rising 0.2% to 99.545 and snapping a four-day slide. Analysts at ING noted that even if the Fed pauses in December, markets expect any hold to be temporary, with upcoming economic data—particularly employment indicators—playing a decisive role.
Fed officials added to the cautious tone on Monday. Governor Christopher Waller highlighted a growing trend of U.S. companies preparing for layoffs amid concerns about slowing demand and potential AI-driven productivity shifts. Vice Chair Philip Jefferson described the labor market as “sluggish,” citing employer hesitation to expand hiring.
Risk sentiment weakened across global markets, dragging U.S. equities lower. Treasury yields were mixed, with the two-year note easing slightly to 3.6039% and the 10-year yield edging up to 4.1366%. Major currencies also softened against the dollar, with the euro trading at $1.1594, sterling at $1.3149, and the Australian dollar at $0.6493, while the New Zealand dollar held steady at $0.56535.
