China Imposes 55% Tariff on Beef Imports Above Quota to Protect Domestic Industry 
Gold Prices Rebound in Europe as Geopolitical Tensions and Fed Outlook Support Bullion 
South Korea Inflation Rises to 2.3% in December, Matching Market Expectations 
U.S. Dollar Starts 2026 Weak as Yen, Euro and Sterling Hold Firm Amid Rate Cut Expectations 
Citi Forecasts a Volatile but Ongoing Bull Market for S&P 500 in 2026 
Asian Stock Markets Start New Year Higher as Tech and AI Shares Drive Gains 
Oil Prices Stabilize at Start of 2026 as OPEC+ Policy and Geopolitical Risks Shape Market Outlook 
Oil Prices Slip Slightly as Markets Weigh Geopolitical Risks and Supply Glut Concerns 
Asian Currencies Trade Flat as Dollar Weakens in Thin New Year Trading 
China Manufacturing PMI Rebounds in December, Offering Boost to Economic Growth Outlook 
South Korea Factory Activity Returns to Growth in December on Export Rebound 
Singapore GDP Growth Surges in 2025 but Outlook Remains Cautious Amid Global Trade Risks 
U.S. Stock Index Futures Steady as Markets Await Fed Policy Clues in Holiday-Thinned Trade 
South Korea Exports Hit Record High as Global Trade Momentum Builds 
USDA $12 Billion Farm Aid Program Draws Mixed Reactions from Row Crop Farmers 
Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook 
Wall Street Ends Mixed as Tech and Financial Stocks Weigh on Markets Amid Thin Holiday Trading 
Global stock markets surged to fresh record highs on Friday as investors reacted positively to a U.S. jobs report that showed slower-than-expected employment growth in December, reinforcing expectations that the Federal Reserve will cut interest rates later this year. Major U.S. stock indexes and European shares closed at historic levels, while the U.S. dollar and short-term Treasury yields also moved higher.
Data from the U.S. Bureau of Labor Statistics showed nonfarm payrolls increased by 50,000 in December, slightly below economists’ expectations of 60,000 and close to November’s revised gain of 56,000. The unemployment rate edged down to 4.4%, matching forecasts. While job growth softened, investors viewed the report as evidence of a cooling but resilient U.S. economy, easing concerns about aggressive monetary tightening.
Wall Street posted strong gains, with the Dow Jones Industrial Average rising 0.48% to 49,504.07, the S&P 500 advancing 0.65% to 6,966.28, and the Nasdaq Composite climbing 0.82% to 23,671.35. Chip stocks led the rally, highlighted by Intel’s 10.8% surge after U.S. President Donald Trump said he had a “great meeting” with CEO Lip-Bu Tan. Broadcom also gained 3.8%, boosting overall market sentiment. All three major indexes ended the first full trading week of 2026 higher, supported by gains in materials, industrials, and other non-tech sectors.
European markets also rallied, with the STOXX 600 rising 0.97% to a record close, driven partly by a jump in Glencore shares. MSCI’s global equity index climbed 0.53% to a new intraday high, reflecting broad-based optimism across regions.
In currency markets, the dollar index rose 0.26% to 99.13. Two-year U.S. Treasury yields, closely tied to Federal Reserve policy expectations, increased to 3.538%, while 10-year yields edged slightly lower. Commodity prices strengthened as well, with Brent crude and WTI oil gaining more than 2%, copper extending recent gains, and aluminum reaching its highest level since April 2022.
Despite ongoing geopolitical tensions and uncertainty around Trump’s tariffs ahead of a possible Supreme Court ruling, investors remained focused on economic data and the outlook for interest rate cuts, driving risk appetite and lifting global markets.
