Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
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S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
U.S. stock index futures fell Sunday evening as investor sentiment weakened ahead of President Donald Trump’s April 2 tariff deadline. Risk aversion grew amid escalating trade tensions and persistent inflation concerns, following a sharp Wall Street selloff on Friday.
S&P 500 futures declined 0.7% to 5,585.75, Nasdaq 100 futures dropped 1.2% to 19,217.50, and Dow Jones futures slipped 0.4% to 41,693.0 by 20:05 ET. The losses followed Friday’s slump, driven by hotter-than-expected inflation data, raising fears of prolonged high interest rates and economic slowdown.
Markets were further unnerved by reports that Trump is planning broader and more aggressive trade tariffs, with April 2 marked as "liberation day." The White House is expected to target multiple sectors—including commodities, semiconductors, and pharmaceuticals—in addition to a 25% tariff on all non-U.S. cars. These tariffs, likely to be absorbed by American importers, could stoke inflation and weigh on U.S. growth.
Adding to the bearish outlook, Goldman Sachs now sees a 35% chance of a U.S. recession within the next year, and projects inflation to stay above the Federal Reserve’s 2% target in 2025.
Friday’s inflation report, showing a hotter PCE price index—the Fed’s preferred gauge—sparked expectations that interest rates may remain elevated. Concerns over the economic impact of tariffs only compounded investor fears.
Technology stocks also dragged markets lower, with NVIDIA and other AI-related firms hit by signs of slowing investment in data centers. The S&P 500 fell nearly 2% to 5,580.94, the Nasdaq Composite lost 2.7% to 17,322.99, and the Dow Jones dropped 1.7% to 41,683.90.
The combination of trade risks, inflation pressures, and tech sector weakness continues to cloud the U.S. market outlook.
