Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
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 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asian equities retreated on Thursday following disappointing Chinese economic data and a sharp drop in copper prices, while investors assessed a new trade deal between South Korea and the U.S. The dollar hovered near a two‑month high after the Federal Reserve kept interest rates unchanged and major U.S. tech firms posted strong earnings.
Nasdaq futures surged 1.2% and S&P 500 futures rose 0.8% after Microsoft and Meta reported stronger‑than‑expected revenue, driven by cloud computing and AI‑powered advertising. MSCI’s Asia‑Pacific index excluding Japan fell 0.7% but remained on track for a fourth straight monthly gain.
Chinese and Hong Kong stocks led losses as July PMI figures signaled slowing factory activity. Traders are now awaiting the Bank of Japan’s policy decision for clues on potential rate hikes. The Fed’s 9‑2 vote to hold rates steady marked the fifth consecutive meeting without a change, though Chair Jerome Powell’s comments dampened expectations for September cuts.
The dollar index stood at 98.81, close to Wednesday’s peak of 99.98, with a projected 3.1% monthly gain — its first rise in 2025. U.S. GDP beat forecasts in Q2 but showed underlying weakness amid trade policy uncertainty.
The Korean won firmed 0.3% after President Trump announced a 15% tariff on South Korean imports, paired with Seoul’s $350 billion U.S. investment pledge. Copper futures tumbled 19.4% after the U.S. confirmed a 50% tariff on pipes and wiring.
Oil prices extended gains for a fourth session, supported by supply concerns and ongoing geopolitical tensions. Brent crude traded at $73.48 a barrel, while WTI stood at $70.15.
Global markets remain volatile as investors navigate mixed economic signals, shifting trade policies, and central bank strategies.
