Indonesian Stocks Plunge as MSCI Downgrade Risk Sparks Investor Exodus 
Copper Prices Hit Record Highs as Metals Rally Gains Momentum on Geopolitical Tensions 
U.S. Dollar Slides for Second Week as Tariff Threats and Iran Tensions Shake Markets 
Asia Stocks Pause as Tech Earnings, Fed Signals, and Dollar Weakness Drive Markets 
Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S. 
Gold and Silver Prices Plunge as Trump Taps Kevin Warsh for Fed Chair 
Oil Prices Surge Toward Biggest Monthly Gains in Years Amid Middle East Tensions 
Philippine Economy Slows in Late 2025, Raising Expectations of Further Rate Cuts 
Trump Threatens 50% Tariff on Canadian Aircraft Amid Escalating U.S.-Canada Trade Dispute 
South Korea Exports Surge in January on AI Chip Demand, Marking Fastest Growth in 4.5 Years 
Wall Street Slides as Warsh Fed Nomination, Hot Inflation, and Precious Metals Rout Shake Markets 
Asian Stocks Waver as Trump Signals Fed Pick, Shutdown Deal and Tech Earnings Stir Markets 
Trump to Announce New Federal Reserve Chair Pick as Powell Replacement Looms 
Gold Prices Pull Back After Record Highs as January Rally Remains Strong 
Russia Stocks End Flat as MOEX Closes Unchanged Amid Mixed Global Signals 
U.S. Government Faces Brief Shutdown as Congress Delays Funding Deal 
U.S. and El Salvador Sign Landmark Critical Minerals Agreement to Boost Investment and Trade 
US dollar gained momentum after better than expected US ISM manufacturing PMI . It hits a high of 106.73 and is currently trading around 106.52.
Manufacturing Insights: Signs of Improvement Amid Contraction
The US ISM Manufacturing PMI for November 2024 rose to 48.4, up from 46.5 in October, showing slight improvement but still indicating contraction for the eighth month. The New Orders Index increased to 50.4, suggesting weak growth, while the Employment Index improved to 48.1. Price pressures eased, with the Prices Paid Index dropping to 50.3. Overall, the US Dollar strengthened following these mixed but hopeful manufacturing reports.
Political Crisis in France: Euro Faces Headwinds
Euro lost its shine amid France's political crisis. It is facing a serious political crisis with Prime Minister Michel Barnier's minority government at risk of collapsing due to a no-confidence vote.
His proposed €60 billion budget to reduce the deficit is encountering strong opposition from both right and left-wing parties. To bypass this, Barnier used a controversial method to pass a social security budget, prompting more opposition challenges. The political turmoil has raised concerns about France's financial stability, affecting its bond yields and raising questions about future governance.
