Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Oil Prices Ease as Iran Tensions Clash With Diplomacy Hopes 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
US Comfortable With Canada Trade Standoff as Import Bans Loom 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Add as a preferred source on Google
U.S. stock index futures gained on Wednesday evening, extending Wall Street’s momentum after a technology-led rally. Investors largely shrugged off mounting global and political risks, instead turning their attention to an upcoming speech by Federal Reserve Chair Jerome Powell, which could offer fresh clues on the central bank’s interest rate outlook.
S&P 500 Futures rose 0.1% to 6,806.75, Nasdaq 100 Futures climbed 0.2% to 25,370.75, and Dow Jones Futures added 0.1% to 46,895.0 by 20:04 ET (00:04 GMT). The optimism followed a strong session for U.S. equities, powered by big tech names and expectations of further monetary easing.
The Federal Reserve’s September meeting minutes, released Wednesday, indicated that most policymakers supported more rate cuts to cushion a cooling labor market. However, there was uncertainty about how far rates should fall given that inflation remains stubbornly high. Dovish voices like Governor Stephen Miran pushed for a 50-basis-point cut, though most officials favored a smaller move.
Markets are now focused on Powell’s remarks scheduled for Thursday at 08:30 ET (12:30 GMT), as traders price in another 25-basis-point rate cut in October, according to CME FedWatch data. The ongoing partial U.S. government shutdown has delayed several key economic reports, adding to uncertainty over the strength of the economy.
Despite political gridlock and global worries — including concerns over Japan’s fiscal health and political turmoil in France — investor sentiment remained upbeat. Gold prices surged to new highs as safe-haven demand grew amid global instability.
Wall Street rallied Wednesday, with the S&P 500 gaining 0.6% to a record 6,753.72 and the Nasdaq Composite jumping 1.1% to 23,043.38. Tech shares led the charge, driven by NVIDIA’s 2% rise after CEO Jensen Huang highlighted surging AI-driven demand and confirmed an investment in Elon Musk’s xAI. The market now looks ahead to the third-quarter earnings season, with reports from PepsiCo, Delta Air Lines, and major Wall Street banks on deck.
