Federal Reserve Begins Treasury Bill Purchases to Stabilize Reserves and Money Markets 
U.S. Dollar Slides Toward Biggest Annual Loss Since 2017 as 2026 Risks Loom 
China Imposes 55% Tariff on Beef Imports Above Quota to Protect Domestic Industry 
South Korea Exports Hit Record High as Global Trade Momentum Builds 
South Korea Inflation Rises to 2.3% in December, Matching Market Expectations 
Oil Prices Stabilize at Start of 2026 as OPEC+ Policy and Geopolitical Risks Shape Market Outlook 
South Korea Factory Activity Returns to Growth in December on Export Rebound 
Forex Markets Hold Steady as Traders Await Fed Minutes Amid Thin Year-End Volumes 
U.S. Stock Futures Slip as Year-End Trading Turns Cautious 
Singapore GDP Growth Surges in 2025 but Outlook Remains Cautious Amid Global Trade Risks 
Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook 
Oil Prices Slip Slightly as Markets Weigh Geopolitical Risks and Supply Glut Concerns 
Citi Forecasts a Volatile but Ongoing Bull Market for S&P 500 in 2026 
U.S. Dollar Starts 2026 Weak as Yen, Euro and Sterling Hold Firm Amid Rate Cut Expectations 
Asian Markets Slip as Precious Metals Cool, Geopolitical Tensions Weigh on Sentiment 
Wall Street Ends Mixed as Tech and Financial Stocks Weigh on Markets Amid Thin Holiday Trading 
Trump Delays Tariff Increases on Furniture and Cabinets for One More Year 
Asian stock markets posted modest gains in early Friday trading as investors turned cautious ahead of the Bank of Japan’s latest policy decision, which is widely expected to leave interest rates unchanged. Market sentiment remained fragile but supported by easing global policy concerns and a softer U.S. dollar.
MSCI’s broadest Asia-Pacific index excluding Japan rose 0.4%, while Japan’s Nikkei 225 added 0.2%. U.S. stock futures were mixed, with S&P 500 e-mini futures last up 0.1%, reflecting uncertainty after a strong rebound on Wall Street. On Thursday, U.S. equities extended gains for a second session after President Donald Trump eased earlier tariff threats against European goods and ruled out the use of force regarding Greenland. The S&P 500 advanced 0.5%, while the Nasdaq Composite surged 0.9%, driven by renewed risk appetite.
Analysts noted that markets welcomed the shift in tone, leading to a rebound in risk assets and flatter government bond yield curves, though policy uncertainty remains elevated and further volatility is expected. Ahead of the BOJ meeting, the Japanese yen weakened 0.1% to 158.54 per dollar, despite data showing Japan’s core consumer inflation rose 2.4% year-on-year in December, matching expectations.
The U.S. dollar index hovered near its lowest levels of the year at 98.329 after recording its biggest one-day drop in six weeks. Fed funds futures indicate a 96% probability that the Federal Reserve will keep rates unchanged at its upcoming January meeting. The U.S. 10-year Treasury yield edged up slightly to 4.247%.
Commodity markets saw strong momentum, with gold climbing for a fifth straight session to a record $4,951.47 per ounce, supported by dollar weakness. Silver jumped 1.7% to $97.85. In Asia, South Korean stocks led gains, with the Kospi rising 1.1% for a third consecutive day after surpassing the 5,000 milestone, helped by reform optimism and chip sector strength despite weak guidance from Intel.
In other markets, Brent crude rose 0.4% to $64.30 a barrel, while Bitcoin and ether posted modest gains, reflecting steady investor interest in digital assets.
