Asian Stocks Slip as AI Rally Fades, Oil Holds Steady on Iran Peace Deal Hopes 
Asian Stocks Cautious Ahead of US Jobs Data as Oil Rises 
US Stock Futures Hold Steady as Iran Hormuz Deal and Earnings Shape Market Sentiment 
China Exports Beat July Forecasts as AI Demand Fuels High-Tech Trade 
German Bund Yields Hit Three-Week Low as Energy Prices Ease and ECB Outlook Softens 
Gold Price Hits Seven-Week High as Fed Rate Hike Bets Fade and Hormuz Deal Hopes Grow 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
China Trade Surplus Beats Forecasts in July as Exports Stay Strong 
Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease 
Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff 
The Bank of Korea (BoK) is expected to remain on hold at the monetary policy meeting scheduled to be held next week, with headline inflation making a gradual and slow rise. Also, consumer prices in the country are expected to reach the central bank’s target band in the next year.
The BoK will likely leave its 7-day repo rate unchanged at 1.25 percent on Thursday December 15, at 9:00 SGT. With headline inflation slowly rising, 2017 average inflation is expected to reach the BoK’s lower limit of its 1.5-2.5 percent target range, ANZ reported.
Also, the National Assembly has voted in favor of President Park Geun-hye’s impeachment today, adding political uncertainty in the economy, which shall aloof any such policy changes for the time being.
Meanwhile, China’s various activity indicators are likely to have been stable in November, while monetary indicators should be consistent with the government’s policy of gradual deleveraging.
