Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Gold prices surged to an all-time high in Asian trade on Tuesday as growing expectations of a Federal Reserve interest rate cut boosted demand for safe-haven assets. Spot gold reached $3,654.97 per ounce, while December futures peaked at $3,694.75/oz.
The rally was fueled by a weakening U.S. labor market, with nonfarm payrolls showing almost no job growth in August. This reinforced bets that the Fed will cut rates during its September 16–17 meeting. Markets are currently pricing in a 92.4% chance of a 25-basis-point cut and a 7.6% chance of a larger 50-basis-point reduction, according to CME FedWatch. Lower interest rates typically favor gold by reducing the opportunity cost of holding non-yielding assets compared to bonds.
Political turmoil in Europe also drove safe-haven flows, with French Prime Minister Francois Bayrou resigning after losing a confidence vote. His departure marks France’s fifth prime minister in less than two years, intensifying concerns over President Emmanuel Macron’s leadership and the country’s economic stability.
Geopolitical risks added further momentum, as the U.S. considered new sanctions against Russia following a deadly strike on Ukraine. Rising tensions underscored gold’s appeal as a hedge against uncertainty.
While Fed officials have signaled openness to rate cuts, they remain cautious about persistent inflation, especially as recent trade tariffs imposed by U.S. President Donald Trump raise price pressures. Investors are now awaiting August inflation data for more clarity on the Fed’s path forward.
With monetary easing prospects, political instability in Europe, and escalating geopolitical risks, gold continues to shine as investors seek safety in turbulent markets.
