Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Trump Meets Mexico and Canada Leaders After 2026 World Cup Draw Amid USMCA Tensions 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Gold prices held steady in Asian trade on Wednesday, trading within a narrow range as investor sentiment improved on speculation over upcoming talks between U.S. President Donald Trump and Chinese President Xi Jinping. Spot gold remained flat at $3,353.71 an ounce, while August gold futures edged to $3,377.72 by 00:51 ET (04:51 GMT).
Despite a slight boost in risk appetite, demand for safe-haven assets like gold remained resilient due to ongoing uncertainty in the U.S. economy. Market caution persisted after Trump doubled tariffs on steel and aluminum, and concerns were further heightened by a breakdown in U.S.-Iran nuclear negotiations and escalating military tension between Russia and Ukraine. Notably, a Ukrainian underwater attack on a key Russian bridge to Crimea added to geopolitical stress.
Although hopes for renewed U.S.-China trade talks have slightly dampened demand for gold, the metal continues to attract strong bids amid skepticism over a lasting trade agreement. Gold prices are up nearly 2% this week, underlining persistent investor caution.
Meanwhile, the U.S. dollar regained some strength, supported by upcoming nonfarm payroll data and expectations that the Federal Reserve will hold interest rates steady. A firmer dollar typically weighs on metal prices, but some resilience was seen across the board. Platinum futures rose 0.4% to $1,079.40 per ounce, while silver futures held at $34.618.
Copper prices also saw modest gains, buoyed by optimism that improving U.S.-China relations could ease economic pressure on China, the world’s largest copper consumer. London Metal Exchange copper futures rose 0.2% to $9,643.10 a ton, while U.S. copper futures matched the rise at $4.8750 per pound.
