Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
Global Markets Tumble as US-Iran Tensions Escalate, Oil Surges 
Iran Threatens Gulf Infrastructure as U.S.-Israel War Enters Critical 48-Hour Window 
U.S. Stock Futures Slide as Iran Conflict and Inflation Fears Rattle Wall Street 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
South Korean Stocks Tumble as Hawkish BOK Governor Appointment Rattles Markets 
U.S. Markets Post Fourth Straight Weekly Loss Amid Middle East Escalation 
Federal Reserve Crisis: DOJ Standoff Threatens Powell's Succession and Rate Stability 
Qatar's Economy Under Pressure: How Regional Conflict Could Reshape Global Investment in 2026 
Trump Issues 48-Hour Ultimatum to Iran Over Strait of Hormuz, Threatens Power Grid Strikes 
Gold Prices Extend Losing Streak, On Track for Worst Weekly Loss Since 1983 
Asian Markets Mixed as Oil Volatility and Inflation Fears Weigh on Sentiment 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
Oil Prices Hold Steady Amid Middle East Escalation and Sanctions Relief 
Asian Currencies Slide as U.S.-Iran Tensions and Rising Oil Prices Rattle Markets 
Trump Signals End of U.S. Military Campaign Against Iran as Markets Rally 
US-Iran War: Trump Eyes Military Exit as Markets React to Potential De-escalation 
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.
