Global Markets Await Key Earnings and Fed Decisions

Asian markets managed to consolidate recent gains on Tuesday, fueled by optimism for softer global trade tensions. Investors kept a keen eye on the impending tech sector earnings, hoping for a continuation of the current bull market.

Global financial sentiment is anchored on indications of possible rate cuts in the United States and Canada, expected this week. In the commodity markets, gold prices remained around $4,000 an ounce, facing pressure from recent sell-offs, and predictions of a $3,500/oz valuation by 2026 loom large.

Tech stocks continue to spearhead Wall Street's upward momentum, with expectations juxtaposed between the Federal Reserve's meeting and rumored large-scale corporate adjustments at Amazon. Market anticipation over the Federal Reserve's monetary policies is mirrored by an eye towards moderation talks within OPEC+ regarding oil output adjustments set for December.