US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
China’s ‘Lipstick King’ Says AI Won’t Replace Livestream Hosts 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Fed Unveils Stablecoin Rules Under GENIUS Act 
US Comfortable With Canada Trade Standoff as Import Bans Loom 
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
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Oil prices edged higher in Asian trading on Monday as optimism grew that the U.S. government shutdown—the longest in history—could soon end, potentially revitalizing fuel demand in the world’s largest oil consumer. The rebound also came after last week’s nearly 2% decline, when fears of oversupply and weakening global demand weighed heavily on crude prices.
Brent crude futures for January delivery rose 0.7% to $64.06 a barrel, while West Texas Intermediate (WTI) gained 0.7% to $60.03 by 20:32 ET (01:32 GMT). Analysts attributed the uptick partly to bargain buying after last week’s losses, alongside a boost from positive inflation data in China, the world’s top oil importer.
Market sentiment strengthened as reports indicated that several Democrats agreed to back a Republican spending bill funding the government through January 30, 2026. Voting in the Senate was still underway late Sunday, but investors viewed the bipartisan progress as a major step toward ending the shutdown. The closure had severely impacted air travel in key U.S. cities and raised concerns about reduced fuel consumption. A resolution could revive travel activity during the winter holiday season, supporting oil demand.
Traders are also eyeing the upcoming monthly reports from the Organization of Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA), due Wednesday and Thursday, respectively. These reports are expected to shape market expectations, as the two organizations maintain differing views on supply and demand trends.
OPEC has already increased production by nearly 3 million barrels per day in 2025, sparking worries about a potential supply glut amid slower global growth. Despite recent price volatility, traders remain hopeful that easing political tensions and renewed economic activity could help stabilize oil markets.
