Overview

• President Trump announced a major trade deal with an unnamed country, with further details expected in a press conference tomorrow morning.
• The Federal Reserve maintained interest rates at 4.25–4.5%, citing concerns over stagflation and economic uncertainty.
• Asian markets firmed, with S&P 500 futures up 0.5% and the European STOXX 600 index rising 0.7%.
• Australia’s ASX200 index traded near flat after early losses, reflecting mixed investor sentiment.
• Investors are closely watching upcoming U.S.-China trade talks this weekend, which could signal progress in resolving trade tensions.