Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
U.S. stock index futures were little changed Monday evening, as investors remained cautious ahead of ongoing U.S.-China trade negotiations in London and key inflation data due midweek. Markets saw limited movement after a quiet Wall Street session, although tech stocks, particularly semiconductor giants Nvidia (NASDAQ:NVDA) and AMD (NASDAQ:AMD), posted gains on optimism that improving U.S.-China relations could ease export restrictions.
The cautious tone was further fueled by ongoing protests in Los Angeles against President Donald Trump’s immigration crackdown. Defense Secretary Pete Hegseth confirmed the deployment of 700 marines to control the unrest, adding to geopolitical unease.
At 19:11 ET, S&P 500 Futures hovered at 6,012.25, Nasdaq 100 Futures were flat at 21,826.50, and Dow Jones Futures held steady at 42,803.00. Trade talks between the U.S. and China, which started Monday, are expected to continue into Tuesday. Investor focus remains on issues such as China’s restrictions on rare earth mineral exports and U.S. curbs on semiconductor shipments to China. Trump expressed optimism, saying he received “only good reports” following last week’s rare phone call with Chinese President Xi Jinping.
On Wall Street, the S&P 500 inched up 0.1% to 6,005.88, the Nasdaq Composite added 0.3% to 19,591.24, while the Dow Jones remained unchanged at 42,761.76. The Nasdaq was supported by chipmaker AMD, which surged nearly 5% after analysts raised price targets. Meanwhile, Apple (NASDAQ:AAPL) underperformed following its Worldwide Developers Conference, offering few details on AI plans.
Investors are also bracing for Wednesday’s CPI inflation data, expected to reflect higher consumer prices driven by rising import costs amid tariff tensions. Last week’s upbeat U.S. jobs report has helped sustain market momentum.
