RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Dollar Maintains Stability Amid U.S. Jobs Report and Fed Speculation
The U.S. dollar held steady against major currencies on Friday as investors anticipated the latest U.S. nonfarm payrolls report. This report is expected to shed light on the economy's resilience ahead of the Federal Reserve's meeting and the tight U.S. presidential race next week.
Yen Gains as BOJ Hints at Future Rate Hikes
The Japanese yen maintained Thursday's gains after the Bank of Japan (BOJ) hinted at a potential shift away from its ultra-loose monetary stance. While the BOJ kept rates low, economists from Morgan Stanley MUFG suggest a December rate hike is now more likely, with a January increase to 0.5% remaining in their base case. Key factors such as yen-dollar exchange rates and upcoming inflation data may influence BOJ's decision.
U.S. Dollar Sees Monthly Gain
Despite a recent dip, the U.S. dollar logged its largest monthly gain since September 2022 in October, driven by tempered expectations for aggressive Fed rate cuts. The dollar index rose slightly to 103.94, while the yen traded at 152.18 per dollar.
Euro and Pound Under Pressure
The euro, hovering near a two-week high, was marginally lower at $1.0879 after data showed an unexpected rise in eurozone inflation. Meanwhile, the British pound faced selling pressure, trading at $1.2895, following Finance Minister Rachel Reeves's announcement of the largest tax hike since 1993.
China’s Manufacturing Rebounds
China’s manufacturing sector saw growth in October, with new orders boosting production. Additionally, home prices rose, suggesting economic stability despite global headwinds.
