South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Asian stock markets retreated on Wednesday as investors turned cautious ahead of a closely watched U.S. Federal Reserve interest rate decision. Markets across the region tracked mild overnight losses on Wall Street, where major U.S. indexes dipped on uncertainty over the Fed’s forward guidance. While the central bank is widely expected to cut rates by 25 basis points, analysts warned that policymakers may still signal a more hawkish stance, dampening risk appetite. S&P 500 futures also edged lower in early Asian trading.
Chinese equities led regional declines as persistent deflationary pressures continued to weigh on sentiment. The Shanghai Shenzhen CSI 300 slipped 0.9%, the Shanghai Composite dropped 0.7%, and Hong Kong’s Hang Seng Index fell 0.4%. Fresh government data showed that although China’s consumer price index rose year-on-year in November, it unexpectedly contracted from the previous month. Producer prices fell for a 38th straight month, underscoring weak domestic demand and raising fresh concerns about China’s growth outlook heading into 2026.
Beijing’s Politburo pledged additional fiscal stimulus in the coming months, but the announcement offered little immediate support. Chinese chipmakers also faced renewed pressure after U.S. President Donald Trump stated he would allow NVIDIA to sell more advanced AI chips in China, intensifying uncertainty across the sector.
Japan’s Nikkei 225 slipped 0.3%, while the TOPIX eased 0.2% as stubborn producer price inflation fueled speculation that the Bank of Japan may soon raise interest rates. Analysts expect rate discussions to intensify ahead of the BOJ’s late-December meeting. Ongoing geopolitical tensions between Japan and China over Taiwan further dampened market sentiment.
Elsewhere in the region, Australia’s ASX 200 extended losses following a hawkish signal from the Reserve Bank. Singapore’s Straits Times Index edged down 0.2%, South Korea’s KOSPI traded flat, and India’s Nifty 50 futures slipped after airline giant IndiGo suffered nearly 8% in declines amid an operational crisis.
