Monday morning started with sell-offs in commodities that puts equity markets in uncomfortable position to start off the week.
Moreover, some investors and traders are concerned that rate hike from US Federal Reserve, in spite of being anticipated might lead to risk aversion. Any major unwinding in US Dollar position might lead to turmoil, due to heavy one sided positions.
S&P500 in US recovered from the red, whereas UK's FTSE100 still down partially due to commodity related stocks. France's CAC40 is also in red.
Japan is closed today, but that helped little to downbeat start today. Copper is still down 1%, though recovered from initial drop. Copper price is on the verge of collapsing below $2/pound, for first time since 2008/09 financial crisis. Silver is down half a percent, while Gold is down -0.75%. Oil recovered from red only after Saudi Arabia possible cooperation with OPEC and non-OPEC producers.
Yen without any guidance from risk aversion or further strengthening of Dollar, likely to consolidate around current price of 123, currently trading at 122.9.


European Luxury Market Set for a Strong Rebound in 2026, UBS Says
U.S. Productivity Growth Widens Lead Over Other Advanced Economies, Says Goldman Sachs
India’s IT Sector Faces Sharp 2025 Valuation Reset as Mid-Caps Outshine Large Players
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves
Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges
EUR/USD Smashes 1.1660 as ADP Jobs Massacre Crushes the Dollar 



