Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
European stock markets traded mixed on Tuesday as the initial optimism from the U.S.-China trade truce faded, shifting investor focus back to economic data and earnings. As of 03:02 ET (07:02 GMT), Germany’s DAX rose 0.2%, while France’s CAC 40 dipped 0.1% and the U.K.’s FTSE 100 fell 0.2%.
Markets had opened the week higher after the U.S. and China agreed to suspend major tariffs for 90 days. However, investor sentiment cooled as attention returned to weaker economic fundamentals across Europe.
In the U.K., labor market data showed further softening. Employment declined and wage growth slowed, pushing the unemployment rate up to 4.5% in the three months through March, up from 4.4%. Investors now await the ZEW survey on German investor sentiment, which is expected to recover from lows triggered by earlier tariff tensions.
Meanwhile, eyes are on upcoming eurozone Q1 GDP data and inflation figures from major EU economies, both likely to shape expectations ahead of the European Central Bank’s June meeting. The ECB has already cut rates seven times over the past year as inflation eases, with another cut possibly on the horizon.
In corporate news, Bayer (OTC:BAYRY) reaffirmed its 2025 outlook despite a sharp Q1 profit drop, thanks to gains in its pharma and consumer health units. Duerr (ETR:DUEG) reported a fall in new orders but noted stable sales and better earnings.
Oil prices steadied near two-week highs as traders processed the U.S.-China trade breakthrough. Brent rose 0.1% to $65.02, and WTI climbed 0.2% to $62.04 after Monday’s 1.5% gains.
While the trade truce offers short-term relief, unresolved tensions between the U.S. and China continue to cloud the outlook.
