South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
The Markit manufacturing PMI declined to 52.6 in the November flash estimate, coming in below consensus expectations (54.0), as the headline index slid to the lowest level since 2013. Output declined to 54.6 (previous: 55.6), with new orders (53.1, previous: 55.6) and employment (51.9, previous: 53.2) also lower on the month. The export orders index fell below the neutral mark for the first time in three months (49.5, previous: 51.8).
"November release shows broad softness across US manufacturing activity and brings the Markit series closer in line with the ISM manufacturing index, which has indicated stagnant conditions for the past several months. With the trade-weighted dollar at the highest levels in over a decade, the headwinds facing US manufacturing have yet to subside", says Barclays.
