US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated 
Oil Prices Slip as U.S.-Iran Peace Talks and Strait of Hormuz Risks Keep Markets on Edge 
Gold Price Hits Annual Low as Fed Rate Hike Bets and Sticky Inflation Weigh on Bullion 
China Manufacturing PMI Edges Higher in June as Exports and AI Investment Boost Growth 
Global Financial Firms Shift Asia Expansion Focus to South Korea as China, India Face Caution 
Oil Prices Rise as US-Iran Tensions Threaten Strait of Hormuz Oil Shipments 
World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures 
China Factory PMI Seen Returning to Growth in June as AI Export Demand Supports Economy 
Asian Stocks Slip as US-Iran Ceasefire Hopes Lift Oil, Dollar Strength Persists 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen 
Canada Grants C$7 Million to Greenland Molybdenum Mine to Strengthen Critical Minerals Supply 
Argentina Economy Shrinks 1.5% in April, Recovery Under Milei Loses Momentum 
US Stock Futures Steady as Investors Await Payrolls Data and Monitor Iran Tensions 
Asian Currencies Stay Range-Bound as Investors Eye China Data, RBNZ Outlook and U.S.-Iran Ceasefire 
Japan Targets 1%+ Real Economic Growth With ¥370 Trillion Investment Plan 
Asian Stocks End Strong Quarter as Dollar Surges, Yen Hits 40-Year Low Ahead of US Jobs Data 
U.S. stock index futures moved higher on Sunday evening as investors remained optimistic that a potential peace agreement between the United States and Iran could be reached soon. Ongoing diplomatic discussions between the two countries have helped improve market sentiment and reduced concerns about escalating geopolitical tensions in the Middle East.
As of Sunday night, S&P 500 Futures gained 0.2% to 7,611 points, while Nasdaq 100 Futures climbed 0.5% to 30,541 points. Dow Jones Futures also advanced 0.1% to 51,128 points, building on Wall Street’s strong performance from the previous trading session.
Investor confidence increased after President Donald Trump stated that a final decision regarding a possible peace arrangement with Iran could be approaching. Reports throughout the past week indicated that negotiations between Washington and Tehran remain active. Iranian Foreign Minister Abbas Araqchi confirmed on Sunday that communication channels between both nations continue to operate through ongoing message exchanges.
Recent reports also suggested that the United States and Iran had established a framework agreement that could extend their current ceasefire by 60 days, although final approval from President Trump is still required. Despite progress in negotiations, significant differences remain regarding Iran’s nuclear program and the reopening of the strategically important Strait of Hormuz.
Financial markets experienced considerable volatility last week as both countries exchanged military strikes. However, continued diplomatic efforts helped calm investor fears and supported a strong rebound in U.S. equities, allowing major Wall Street indexes to close near record highs.
Market sentiment also received support from softer-than-expected Personal Consumption Expenditures (PCE) inflation data for April. The figures suggested that higher energy prices linked to Middle East tensions have not yet significantly affected broader inflation trends.
Investors are now turning their attention to key economic indicators scheduled for release this week. The most anticipated report is the U.S. nonfarm payrolls data for May, due on Friday, which could provide important insights into labor market conditions, economic growth, and the future path of Federal Reserve interest rate decisions.
Keywords: U.S. stock futures, S&P 500 Futures, Nasdaq 100 Futures, Dow Jones Futures, U.S.-Iran peace deal, Wall Street, stock market news, nonfarm payrolls, inflation data, Federal Reserve.
