Stock
U.S. copper futures surged over 10 percent to an all-time high after Trump threatened to impose new tariffs on the metal
Markets are currently pricing in 64 basis points of rate cuts by the Fed this year, with only a 21 percent chance of a cut in July
Rising tariffs and inflation pose significant risks to economic stability in the coming years
In the Asian stock market, Japan’s Nikkei rose 0.3 percent and Taiwan’s benchmark climbed 1.09 percent
S&P 500 futures gained 0.80 percent and Nasdaq futures rose 1.13 percent
Geopolitical volatility in the Middle East comes as investors prepare for interest rate and policy decisions from key central banks this week
Talks wrapped up Monday night and were set to resume at 9:00 GMT on Tuesday
Top trade representatives from Washington and Beijing are set to meet on Monday, with the focus expected to be on critical minerals
The euro appreciated 0.44 percent to $1.1412, while the dollar index touched its lowest level since April 22
Global investors are selling U.S. equities at a record pace, surpassing levels seen during COVID shock
As the U.S. stock market dipped, the dollar index was trading 0.14 percent higher at 99.37
