Dollar Holds Firm as Markets Weigh Warsh-Led Fed and Yen Weakness Ahead of Japan Election 
South Korea Inflation Hits Five-Month Low as CPI Reaches Central Bank Target 
India Budget 2026: Modi Government Eyes Reforms Amid Global Uncertainty and Fiscal Pressures 
Oil Prices Steady as Markets Weigh U.S.-Iran Talks, Dollar Strength Caps Gains 
China Manufacturing PMI Slips Into Contraction in January as Weak Demand Pressures Economy 
U.S. Stock Futures Slip as Markets Brace for Big Tech Earnings and Key Data 
U.S. Stock Futures Rise as Investors Eye Big Tech Earnings and AI Momentum 
JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand 
Oil Prices Slide Nearly 3% as U.S.-Iran Talks Ease Geopolitical Tensions 
Asian Markets Slide as Silver Volatility, Earnings Season, and Central Bank Meetings Rattle Investors 
UK Employers Plan Moderate Pay Rises as Inflation Pressures Ease but Persist 
China Home Prices Rise in January as Government Signals Stronger Support for Property Market 
Gold, Silver, and Platinum Rally as Precious Metals Recover from Sharp Selloff 
Indian Rupee Strengthens Sharply After U.S.-India Trade Deal Announcement 
Japan Election Poll Signals Landslide Win for Sanae Takaichi, Raising Fiscal Policy Concerns 
U.S. stock index futures edged lower Tuesday evening, extending Wall Street's losses after June inflation data came in slightly above expectations and renewed fears over President Donald Trump’s aggressive trade policies.
S&P 500 Futures declined 0.3% to 6,268.0, Nasdaq 100 Futures dropped 0.3% to 22,991.50, and Dow Jones Futures slipped 0.2% to 44,147.0 by 19:26 ET (23:26 GMT). Earlier, the S&P 500 and Nasdaq briefly hit record highs but retreated as sticky inflation and tariff threats weighed on investor sentiment. The S&P 500 ended down 0.4%, while the Dow slid 1%. The Nasdaq rose 0.2%, bolstered by tech gains.
June’s consumer price index signaled persistent inflation pressures, sparking concerns the Federal Reserve may hold interest rates steady for longer. Investor anxiety was amplified by Trump’s renewed threat of 200% tariffs on pharmaceutical imports by month-end, alongside a 30% tariff on goods from Mexico and the European Union. The EU signaled potential retaliatory measures targeting U.S. industries like autos and alcohol.
Bank earnings failed to lift the mood, despite JPMorgan, Citigroup, and Wells Fargo surpassing Q2 profit expectations. JPMorgan CEO Jamie Dimon warned of rising economic risks from tariffs and fiscal challenges. JPMorgan stock dipped 1%, and Wells Fargo tumbled over 6% after cutting its net interest income forecast. Citi shares surged 5% on a $4 billion buyback, hitting a near 17-year high.
Investors now await Q2 earnings from Bank of America, Goldman Sachs, Morgan Stanley, Johnson & Johnson, and chipmaker ASML. Later this week, reports from Taiwan Semiconductor, Netflix, and GE Aerospace are also expected to influence market direction.
Persistent inflation, cautious bank outlooks, and tariff escalation continue to drive market volatility as earnings season heats up.
