Asian stocks and oil prices slipped on Tuesday ahead of a major central bankers’ meeting, as investors weighed positive signals from peace efforts between Russia and Ukraine.
European equity futures ticked higher after Ukrainian President Volodymyr Zelenskyy said that security guarantees for Kyiv could be finalised within 10 days following talks with U.S. President Donald Trump and European partners.
Japan’s Nikkei index briefly set a new intraday record before retreating. The U.S. dollar held gains from Monday as traders awaited guidance from the Federal Reserve before its Jackson Hole symposium later this week.
Kyle Rodda of Capital.com noted that markets remain cautious, with expectations of a dovish shift from the Fed. Equity strength and further dollar weakness, he said, depend on the central bank meeting these expectations.
MSCI’s broadest Asia-Pacific index outside Japan dipped 0.2% after U.S. stocks ended slightly lower. In Europe, Euro Stoxx 50 futures rose 0.3%, German DAX futures gained 0.2%, and UK FTSE futures added 0.3%.
NATO Secretary-General Mark Rutte told Fox News that the Trump–Zelenskyy meeting with European and NATO partners had been “very successful.” The talks followed last week’s Alaska summit between Trump and Russian President Vladimir Putin, which failed to secure a ceasefire. Trump later said he had called Putin and was preparing a direct meeting between him and Zelenskyy, followed by a trilateral summit.
Markets are also focused on the Jackson Hole symposium running from 21-23 August, where Fed Chair Jerome Powell will outline the economic outlook. Futures data show an 83.6% chance of a quarter-point cut at the September 17 Fed meeting, according to CME FedWatch.
Japan’s Nikkei fell 0.5%, weighed down by a 5% drop in SoftBank after it announced a $2 billion investment in struggling U.S. chipmaker Intel.
On currencies, the dollar stood at 147.78 yen, the euro was steady at $1.1658, and the dollar index edged up to 98.171 after Monday’s 0.2% rise.
Saudi Arabia’s air defences have intercepted and destroyed a hostile drone over the Riyadh region, according to the Saudi-led coalition fight...
Police were deployed across Paris on Saturday, as a curfew was set to take effect in the Republique and Chât...
A drone strike hit a power station in northern Sudan early Sunday (1 November), sparking a fire and triggering loud explosions, witnesses said....
The U.S. has approved the sale of 500 Patriot PAC-3 missiles to Ukraine in a deal worth an estimated $2.1 billion, but Kyiv could face years of delays before receiving the weapons it urgently needs to defend against intensifying Russian attacks.
Iranian Supreme Leader Ayatollah Khamenei has ordered Iran's armed forces to respond to any threat immediately and without geographical limits in statements posted to social media platforms on Saturday (31 October).
Demonstrators carrying Iranian flags and placards supporting the hijab gathered outside the Azerbaijani Embassy in London.
A Chinese-made AI chip has matched Nvidia’s H200 in tests conducted by its developer, marking a potential breakthrough in China’s efforts to reduce its dependence on foreign technology.
A hacking group linked to North Korea is widely believed to be behind the theft of $6.3 billion from cryptocurrency giant Binance, a cyberattack that experts describe as the largest cryptocurrency heist on record.
Police were deployed across Paris on Saturday, as a curfew was set to take effect in the Republique and Châtelet-Les Halles areas from 11pm Saturday until 6am Sunday (1 November).
A drone strike hit a power station in northern Sudan early Sunday (1 November), sparking a fire and triggering loud explosions, witnesses said.
Gen Z protests swept 34 German cities on Saturday (31 October) over education and living costs. Violence erupted in Frankfurt, where shops were looted and police reported Molotov cocktail attacks.
Iran designated Britain's Royal Navy and Royal Air Force as terrorist organisations on Sunday, (1 November), and classified the country's foreign intelligence agency, MI6, as a hostile group, according to a statement from the Iranian Foreign Ministry.
Thousands protested in Albania's capital, Tirana, on Saturday (31 October), demanding Prime Minister Edi Rama's resignation over perceived corruption allegations and dissatisfaction with the government over a lack of jobs and poor education standards.
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