Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens 
Fed Unveils Stablecoin Rules Under GENIUS Act 
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes 
Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals 
Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending 
Trump, Xi Focus on Trade and AI at White House Summit 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
ECB May Stop Rate Hikes After December, Capital Economics Says 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
US Comfortable With Canada Trade Standoff as Import Bans Loom 
UK PM Burnham to Unveil Economic Vision at Labour Conference 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
Add as a preferred source on Google
Asian Markets Gain as China’s Fiscal Stimulus Talks Begin
Most Asian stocks rose on Monday, driven by investor anticipation of further fiscal stimulus discussions from China’s National People’s Congress (NPC) Standing Committee meeting. However, market gains were tempered by risk aversion ahead of the U.S. elections and the Federal Reserve meeting this week.
Low Trading Volumes and Market Sentiment
Trading volumes were light due to a public holiday in Japan, with the Nikkei 225 futures slipping 0.2%. Asian markets were buoyed by Friday’s U.S. nonfarm payroll report, which came in softer than expected, fueling speculation that a cooling U.S. job market might prompt further Federal Reserve rate cuts.
Chinese Stocks Upbeat on Fiscal Stimulus Expectations
China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes advanced 0.5% and 0.3%, respectively, while Hong Kong’s Hang Seng rose 0.7%. Investors are closely monitoring the NPC meeting, where the committee is anticipated to propose substantial fiscal spending, including potential debt issuance of up to $1.4 trillion. Such measures aim to address deflationary pressures and revitalize China’s struggling property sector.
Australia Stocks Rise, Eyes on Reserve Bank
Australia’s ASX 200 edged up 0.3%, as investors await Tuesday's Reserve Bank of Australia (RBA) meeting. While the RBA is expected to maintain current rates, it may hint at hawkish policies due to persistent inflation. According to ANZ analysts, the bank does not anticipate beginning rate cuts until 2025.
Mixed Performance Across Asia
South Korea’s KOSPI led gains, rising 1.4% on strong chip stocks. In India, Nifty 50 futures indicated a flat start, with market focus shifting to upcoming earnings reports.
