RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut 
Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Trump Meets Mexico and Canada Leaders After 2026 World Cup Draw Amid USMCA Tensions 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook 
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 
U.S. stock index futures climbed on Sunday evening after President Donald Trump announced a delay in the proposed 50% tariffs on the European Union, easing investor concerns and lifting market sentiment. The tariffs are now postponed until July 9 following a "productive" call between Trump and European Commission President Ursula von der Leyen, signaling renewed momentum in U.S.-EU trade talks.
S&P 500 Futures rose 0.8% to 5,865.50, Nasdaq 100 Futures jumped 1% to 21,177.25, and Dow Jones Futures gained 0.7% to 41,972.0 by 20:26 ET. The uptick comes after Friday’s sharp selloff triggered by Trump’s tariff threats, which rattled Wall Street. The S&P 500 had fallen 0.7%, the Nasdaq Composite dropped 1%, and the Dow Jones declined 0.6%.
In addition to trade developments, investor focus this week shifts to Nvidia Corporation (NASDAQ:NVDA), set to report fiscal Q1 earnings on Wednesday. The chipmaker remains a bellwether for the artificial intelligence sector, with analysts watching closely to see if strong AI demand can offset recent U.S. restrictions on chip exports to China, a key Nvidia market.
Despite regulatory hurdles, demand from major AI hyperscalers is expected to have fueled Nvidia's performance. A Reuters report over the weekend revealed Nvidia plans to release a lower-tier AI chip from its Blackwell line tailored for the Chinese market later this year, potentially mitigating lost revenue from export limitations.
With thin trading expected due to the Memorial Day holiday, market momentum hinges on trade negotiations and Nvidia's results, both of which will shape investor outlook in the near term.
