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European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
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U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut 
Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Asian currencies saw modest gains on Monday as the US dollar retreated ahead of key trade talks between the U.S. and China in London. The US Dollar Index dipped 0.2% during Asian trading hours, reversing some of Friday’s gains driven by strong U.S. jobs data. However, US Dollar Index Futures remained 0.2% higher, reflecting investor caution.
The anticipated meeting between U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, Trade Representative Jamieson Greer, and China’s Vice Premier He Lifeng aims to build on last month’s tentative Geneva truce. Talks are expected to address tariff rollbacks, tech export restrictions, and trade rule frameworks, raising hopes for easing global trade tensions.
Despite cautious optimism, regional markets remained restrained ahead of the U.S. CPI inflation report later this week, a key factor in shaping future Federal Reserve policy.
Among major currencies, the Singapore dollar slipped 0.2% against the USD, while the Indian rupee and South Korean won also weakened 0.2%. The Australian dollar gained 0.3% against the greenback. The Japanese yen strengthened, with the USD/JPY pair falling 0.3% after data showed Japan’s Q1 economic contraction was less severe than first reported.
China’s yuan traded flat, with both onshore (USD/CNY) and offshore (USD/CNH) pairs remaining steady. Soft Chinese inflation data and underwhelming export figures weighed on sentiment. The CPI declined for a fourth straight month in May, while producer prices saw their sharpest drop in nearly two years. Although exports missed forecasts, a steeper drop in imports pushed China’s trade surplus above expectations.
Overall, Asian forex markets remain on alert, balancing hopes for trade de-escalation with broader macroeconomic pressures and upcoming U.S. data releases.
