U.S. Soybean Shipments to China Gain Momentum as Trade Tensions Ease 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
South Korea Posts Stronger-Than-Expected 1.3% Economic Growth in Q3 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Trump and Lula Discuss Trade, Sanctions, and Security in “Productive” Phone Call 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Japan’s Service Sector Sustains Growth Momentum in November 
Asian markets mostly advanced on Wednesday, led by a sharp rebound in Hong Kong stocks, as optimism from Wall Street and strength in local technology names boosted sentiment. However, Japan’s Nikkei 225 saw limited gains, weighed down by a steep drop in Softbank Group after it confirmed the sale of its entire Nvidia stake.
Regional investors took cues from Wall Street’s overnight gains, where cyclical and economically sensitive sectors rallied on hopes that the U.S. government shutdown may soon end. The S&P 500 futures edged up 0.2% as attention turned to a key congressional vote to reopen the government.
Hong Kong’s Hang Seng Index climbed 1% in morning trading, reaching its highest level in over a month. Tech and health-tech leaders fueled the rally, with JD Health International surging 5.8% and Alibaba Health Information Technology rising 3.6%. Xiaomi Corp gained 3.8% after data showed its YU7 electric vehicle outsold Tesla’s Model Y in China during October, marking a major milestone for the company’s EV segment. Xiaomi reported total EV sales of 48,654 units, with 33,662 being YU7s, surpassing Tesla’s 26,006 sales in the same period.
Meanwhile, China’s mainland indexes were muted, with the Shanghai Shenzhen CSI 300 and Shanghai Composite trading flat amid reports that Beijing planned to restrict U.S. military access to rare earth materials.
In Japan, the Nikkei 225 was flat as a 10% plunge in Softbank offset gains from Sony Corp, which rose 3% on strong quarterly earnings and an upgraded annual forecast. Softbank disclosed it sold 31.2 million Nvidia shares worth $5.8 billion in October, overshadowing its better-than-expected Q2 results driven by AI investments.
Elsewhere, South Korea’s KOSPI added 0.8%, Australia’s ASX 200 rose 0.2%, and Singapore’s Straits Times Index gained 0.3%. Futures for India’s Nifty 50 dipped 0.2% following three straight sessions of gains.
