NEW: 🇺🇸 President Donald Trump confirmed that the US is currently in a trade war with China.

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NEW: 🇮🇳 Oil prices rose after President Trump stated that India would stop purchasing Russian oil.

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NEW: 💰 Company Salesforce logo stock jumped after the company provided a rosy forecast for 2030, driven by its AI software.

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NEW: 💰 Company NVIDIA introduced distributed UPF technology for enhancing 6G and AI-Native networks.

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NEW: 🇰🇷 South Korea's Kospi hit a record high driven by trade deal optimism and an IMF global growth forecast upgrade.

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NEW: ⚠️ A potentially "catastrophic" cyber firm breach is being blamed on China.

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NEW: 🇺🇸 US Treasury Secretary Bessent stated the US expects Japan to cease all Russian energy imports.

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NEW: 🇯🇵 The Bank of Japan's most hawkish board member called for an interest rate hike amid persistent price risks.

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NEW: 🇺🇸 US Treasury Secretary Bessent publicly called China’s trade negotiator an "unhinged" wolf warrior.

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NEW: 🇸🇬 Singapore's wealth fund accused EV maker company Nio Limited of inflating revenue.

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NEW: 🇮🇳 Indian refiners plan to reduce purchases of Russian oil following comments from President Trump.

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🕒 Economic Releases (6)
• 🇬🇧 06:00 AM GDP MoM 0.1% prev -0.1% fcst 0.1% rev ®
• 🇬🇧 06:00 AM GDP 3-Month Avg 0.3% prev 0.2% fcst 0.2% cons 0.3%
• 🇬🇧 06:00 AM Goods Trade Balance £-21.18B prev £-20.65B fcst £-22.1B cons £-22B rev ®
• 🇬🇧 06:00 AM Goods Trade Balance Non-EU £-8.29B prev £-8.8B fcst £-10.1B rev ®
• 🇬🇧 06:00 AM Industrial Production MoM 0.4% prev -0.4% fcst 0.5% cons 0.2% rev ®
• 🇬🇧 06:00 AM Manufacturing Production MoM 0.7% prev -1.1% fcst 0.7% cons 0.4% rev ®

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NEW: 🇵🇰 Pakistan secured an IMF bailout tranche of $1.2 billion aimed at increasing macroeconomic stability and market confidence.

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