South Korea Factory Activity Hits 18-Month High as Export Demand Surges 
EU Recovery Fund Faces Bottlenecks Despite Driving Digital and Green Projects 
Gold Prices Stabilize in Asian Trade After Sharp Weekly Losses Amid Fed Uncertainty 
U.S. Stock Futures Slip as Markets Brace for Big Tech Earnings and Key Data 
India Budget 2026: Modi Government Eyes Reforms Amid Global Uncertainty and Fiscal Pressures 
JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand 
China Factory Activity Slips in January as Weak Demand Weighs on Growth Outlook 
IMF Forecasts Global Inflation Decline as Growth Remains Resilient 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
Dollar Holds Firm as Markets Weigh Warsh-Led Fed and Yen Weakness Ahead of Japan Election 
Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S. 
China Manufacturing PMI Slips Into Contraction in January as Weak Demand Pressures Economy 
UK Employers Plan Moderate Pay Rises as Inflation Pressures Ease but Persist 
Gold and Silver Prices Plunge as Trump Taps Kevin Warsh for Fed Chair 
Wall Street Slides as Warsh Fed Nomination, Hot Inflation, and Precious Metals Rout Shake Markets 
Philippines Manufacturing PMI Hits Nine-Month High Despite Weak Confidence Outlook 
Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry 
U.S. stock futures surged Sunday evening, rebounding after last week’s steep losses, as investors reacted positively to President Donald Trump’s reassuring comments on trade relations with China. The recovery offered relief after fears of a deepening trade war had rattled Wall Street.
At 19:43 ET (23:43 GMT), S&P 500 Futures climbed 1.1% to 6,665.50, Dow Jones Futures rose 0.7% to 46,027.0, and Nasdaq 100 Futures jumped 1.6% to 24,781.0 points. The gains came after Trump struck a conciliatory tone, saying on social media, “Don’t worry about China, it will all be fine,” and adding that the U.S. aims to “help China, not hurt it.” His remarks hinted that negotiations between the world’s two largest economies may continue despite recent tensions.
The optimism followed a turbulent Friday when U.S. markets saw their worst single-day decline in six months. The Dow fell 1.9%, the S&P 500 dropped 2.7%, and the Nasdaq tumbled 3.6%, with technology and semiconductor stocks leading losses. The sell-off was triggered by Trump’s announcement of a 100% tariff on all Chinese imports and new export controls on sensitive U.S. software—measures that Beijing quickly criticized, warning of “all necessary countermeasures” if Washington proceeds.
Despite Sunday’s rebound, market sentiment remains cautious. China’s Commerce Ministry reiterated its readiness to defend its interests, emphasizing that it is “not afraid” of a trade confrontation. Meanwhile, the ongoing U.S. government shutdown—now in its second week—continues to weigh on economic confidence, delaying vital data releases ahead of the Federal Reserve’s October 28–29 meeting.
Adding to the week’s focus, the U.S. earnings season kicks off with major banks leading the charge. Citigroup, JPMorgan Chase, Wells Fargo, and Goldman Sachs report Tuesday, followed by Bank of America and Morgan Stanley on Wednesday. Investors will watch results closely for signs of resilience amid global trade uncertainty and domestic political gridlock.
