Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Asian currencies traded largely flat on Monday as investors awaited a busy week marked by key interest rate decisions from the U.S. Federal Reserve and the Bank of Japan, renewed U.S.–China trade negotiations, and a looming tariff deadline set by President Donald Trump.
The U.S. Dollar Index dipped 0.1% during Asian trading hours, with Dollar Index Futures showing little movement. The cautious mood persisted despite optimism from a newly announced U.S.–EU trade framework that reduces tariffs on European goods to 15% from the previously proposed 30%.
Attention is now on U.S.–China discussions in Stockholm, where both sides are expected to seek a three‑month extension of their tariff truce before it expires on August 12. Reports indicate neither country plans to escalate tensions or impose additional duties for now. However, market participants remain wary as the August 1 deadline approaches, which could trigger higher tariffs if no agreement is reached.
Currency movements across the region were subdued. Both onshore and offshore Chinese yuan pairs (USD/CNY and USD/CNH) were stable. The Singapore dollar (USD/SGD) and Indian rupee (USD/INR) also held steady, while the Australian dollar (AUD/USD) slipped 0.1%. The South Korean won recovered 0.3% after recent sharp losses, with USD/KRW retreating.
Investors are closely watching the Bank of Japan’s Thursday meeting, where rates are expected to remain unchanged amid trade uncertainty and political instability following last week’s upper house election defeat for the ruling coalition. Meanwhile, the U.S. Federal Reserve is also widely expected to hold rates steady on Wednesday, with markets awaiting signals on future policy moves.
Global markets are likely to stay cautious as these major central bank decisions and trade negotiations unfold this week.
