Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
U.S. stocks closed mixed Wednesday, with the S&P 500 and Nasdaq setting new record highs, fueled by strong tech performance and easing trade tensions following a deal between the U.S. and Vietnam. The Dow Jones dipped slightly, ending 0.02% lower at 44,484.42 but remained within 1.2% of its December record.
Tech giants Nvidia (NASDAQ: NVDA), Apple (NASDAQ: AAPL), and Tesla (NASDAQ: TSLA) led the Nasdaq to a 0.94% gain, closing at 20,393.13. Tesla rose 5% despite reporting a sharp drop in Q2 deliveries, with some analysts noting the decline was less severe than feared. Leveraged ETF TSLL, offering 2x daily exposure to Tesla, saw high trading volume.
The S&P 500 added 0.47%, closing at 6,227.42. The market initially opened lower after weaker-than-expected private payroll data but rebounded after the announcement of 20% tariffs on Vietnamese exports under the new trade deal. Investors welcomed the development, hoping it signals progress in broader trade talks. The Trump administration also hinted at a potential agreement with India.
Investor attention now turns to Thursday’s non-farm payrolls report, released a day early due to the July 4 holiday. Economists expect cooling job growth and a slight uptick in the unemployment rate to 4.3%, which could push the Federal Reserve closer to rate cuts.
Centene (NYSE: CNC) plunged 40% after withdrawing its 2025 earnings outlook, citing a major revenue shortfall in its health insurance plans.
Trading volume reached 16.95 billion shares, just below the 20-day average. Analysts say investor sentiment remains risk-on, driven by hopes of looser monetary policy and improving trade dynamics.
