Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves 
Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Australian Household Spending Dips in December as RBA Tightens Policy 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Asian markets rallied sharply on Monday, driven by investor optimism after a decisive election victory for Japanese Prime Minister Sanae Takaichi and renewed confidence in global monetary easing. The strong win boosted expectations for aggressive reflationary policies in Japan, while relief over Wall Street’s late rebound on Friday helped stabilize risk appetite across global markets.
Japan’s Nikkei index led regional gains, jumping 4.2% to fresh all-time highs as investors welcomed the government’s two-thirds majority, which clears the path for higher public spending and tax cuts. Market participants expect measures such as cutting consumption taxes on food to support domestic demand, while increased military spending could benefit Japanese defense stocks. With voters signaling strong support for “Sanaenomics,” analysts believe further stimulus measures may be announced in the coming months.
Across the region, MSCI’s Asia-Pacific shares excluding Japan rose 1.0%, while South Korea’s tech-heavy index surged 3.9%, buoyed by a global rally in semiconductor stocks. U.S. equity futures also advanced, with S&P 500 and Nasdaq futures up after strong rebounds at the end of last week.
Chipmakers were a major driver of sentiment, with Nvidia, AMD, and Broadcom posting outsized gains as investors rotated into perceived beneficiaries of artificial intelligence spending. However, concerns linger over whether massive AI capital expenditures will generate sustainable returns, given that the largest U.S. tech firms plan to spend hundreds of billions of dollars this year.
Markets are now focused on key U.S. economic data, including jobs, inflation, and retail sales, which will shape expectations for Federal Reserve rate cuts. A June rate cut is increasingly viewed as likely, provided data remains soft enough to justify easing without signaling a sharp slowdown.
In currencies, the yen weakened on expectations of debt-funded stimulus, while the dollar held steady. Commodities also rebounded, with silver and gold rising strongly after recent volatility. Oil prices edged lower as traders awaited developments in U.S.-Iran talks, keeping energy markets on edge.
