*Good Morning ☕ Market News Update* Dive into the heart of the financial world with our latest Market News Update. Stay informed and one step ahead! Happy Trading! 🟢 Asian shares dithered and the dollar edged higher on Monday after U.S. President Donald Trump warned more tariffs were imminent including on steel and aluminium, an inflationary move that could limit the scope for rate cuts. U.S. stocks ended lower on Friday as a negative mix of news related to tariffs and inflation worried traders to close out the week. Friday’s losses left the major averages in negative territory on the week. The 30-stock Dow Jones Industrial Average gave up 0.5%, the S&P 500 dipped 0.2% and the tech-heavy Nasdaq Composite fell 0.5%. Wall Street futures started lower but soon rallied as investors looked ahead to another busy week of earnings. S&P 500 futures firmed 0.2%, while Nasdaq futures added 0.3% The week ahead is expected to be another eventful one as investors gauge the outlook for the economy, inflation, and interest rates. On the economic calendar, most important will be Wednesday’s U.S. consumer price inflation report for January, which could spark further turmoil if it comes in higher than expectations. The CPI data will be accompanied by the release of the latest figures on producer prices, which will help fill out the inflation picture, as well as the January retail sales report. The strength of the dollar has not prevented gold prices from reaching record highs at $2,886 an ounce, helped in part by talk Trump might impose tariffs on the metal. This has led to stepped up demand for physical gold in London to be shipped to the U.S. to avoid any new taxes, reflected by selling of LME gold futures to buy Comex futures. The metal was up 0.3% at $2,869 per ounce on Monday. Oil prices have not fared so well given worries a trade war will hurt global economic growth and thus demand for energy. Still, the market was due a bounce after three weeks of losses and Brent edged up 42 cents to $75.08, while U.S. crude rose 39 cents to $71.39 per barrel.