Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
U.S. stock index futures steadied Monday evening after Wall Street saw losses, driven by a tech sell-off ahead of Nvidia’s earnings. Concerns over a slowing U.S. economy and looming trade tariffs under Donald Trump further pressured sentiment.
S&P 500 Futures held at 6,002.50 points, Nasdaq 100 Futures dipped 0.1% to 21,401.0, while Dow Jones Futures edged up 0.1% to 43,578.0.
Tech stocks were the biggest drag, with Nvidia (NASDAQ: NVDA) shedding another 3% as investors took profits after its massive rally. The AI chip leader is set to report earnings Wednesday, with markets closely watching whether demand for AI chips remains robust. However, recent concerns over capital investment in AI, especially following China’s DeepSeek launch, weighed on sentiment.
Microsoft (NASDAQ: MSFT) dropped 1% after TD Cowen reported the company had canceled several data center leases, signaling a potential slowdown in AI and cloud spending. Still, Microsoft and other major AI players plan to invest billions in AI infrastructure through 2025. Apple (NASDAQ: AAPL) also pledged $500 billion over four years to enhance its AI, engineering, and U.S. manufacturing capabilities.
On Monday, Wall Street extended losses amid weak consumer sentiment data and trade war fears. Trump reaffirmed plans to impose 25% tariffs on Mexico and Canada next week, fueling economic uncertainty. The S&P 500 fell 0.5% to 5,983.49, while the Nasdaq slid 1.2% to 19,286.93. The Dow Jones managed a slight gain, closing at 43,461.95.
With Nvidia’s earnings on the horizon and trade tensions escalating, investors remain cautious, awaiting key market signals.
