Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
China Agrees to Buy 20 Million Tons of U.S. Coal 
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens 
Fed Unveils Stablecoin Rules Under GENIUS Act 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
UK PM Burnham to Unveil Economic Vision at Labour Conference 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Japanese Yen Rebounds as Trump Flags Currency Weakness 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
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Global equity markets surged on Tuesday, with the S&P 500 and European shares closing at record highs amid strong U.S. earnings, trade tariff concerns, and increased European defense spending. The S&P 500 inched past its previous peak, while the Dow Jones rose 0.02% to 44,556.34, the S&P 500 gained 0.24% to 6,129.58, and the Nasdaq advanced 0.07% to 20,041.26.
European markets also rallied, with the STOXX 600 reaching an all-time high of 557.96, driven by banking and defense stocks. Investors reacted to potential economic stimulus following upcoming German elections and concerns over U.S. trade policies and inflation. Germany’s 10-year bond yield climbed to 2.51%, reflecting expectations of increased government spending.
China’s stock market benefited from optimism surrounding President Xi Jinping’s meeting with domestic business leaders. Meanwhile, European leaders committed to supporting Ukraine amid ongoing U.S.-Russia negotiations.
Inflation concerns remained high, with key U.S. measures exceeding the Fed’s target. Investors anticipate the release of the Fed’s January meeting minutes, following hawkish remarks from Fed Chair Jerome Powell. The U.S. 10-year Treasury yield rose to 4.554%.
The dollar strengthened against major currencies, gaining 0.35% against the yen and 0.28% against the Swiss franc. The dollar index climbed 0.28% to 107.02, while the euro fell to $1.0449.
In commodities, Brent crude oil increased 0.82% to $75.84 per barrel ahead of U.S.-Russia talks in Riyadh, while gold prices surged 1.23% to $2,933.37 an ounce.
Market analysts remain cautious about trade tariffs and persistent inflation, which could delay the Fed’s anticipated rate cuts.
