Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
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 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
The U.S. dollar continued to decline on Monday, trading near multi-year lows against major currencies as markets braced for potential trade disruptions tied to President Donald Trump’s looming tariff deadline. The greenback hovered near its weakest level since 2021 versus the euro and its lowest since 2015 against the Swiss franc.
Traders remain on edge ahead of Wednesday’s conclusion of Trump’s 90-day tariff moratorium, dubbed “Liberation Day.” Most U.S. trade partners are expected to face sharply higher tariffs unless new agreements are reached. So far, only the UK, China, and Vietnam have secured deals with the White House.
Trump announced Friday that he would reveal a list of countries receiving letters with updated tariffs, signaling that new duties will take effect for many nations starting August 1. U.S. Treasury Secretary Scott Bessent confirmed that several major announcements are expected in the coming days.
Despite the uncertainty, some analysts anticipate a more measured market reaction this time. “Market volatility appears inevitable when the pause officially ends and new tariff levels are announced,” said James Kniveton, senior FX dealer at Convera. However, he noted that “current proposals are largely anticipated,” and markets may be pricing in further extensions.
In Monday’s early Asian trading, the dollar slipped 0.1% to 0.7939 Swiss franc, approaching the July 1 low of 0.7869 — a level not seen since January 2015. It also dipped 0.1% to 144.49 yen. The euro edged down 0.1% to $1.1780, staying close to the July 1 peak of $1.1829, last reached in September 2021. Meanwhile, the U.S. dollar index remained flat at 96.967, just above last week’s 3-1/2-year low of 96.373.
