Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
The U.S. dollar slipped on Tuesday after President Donald Trump announced a “complete and total” ceasefire between Israel and Iran, boosting investor appetite for riskier assets. The announcement, made on Trump’s Truth Social platform, followed escalating tensions but quickly shifted market sentiment toward optimism.
Iranian and Qatari officials confirmed Tehran’s agreement to halt attacks, while Israel’s Channel 12 reported Prime Minister Netanyahu agreed to the truce in a call with Trump, contingent on Iran’s compliance.
As risk sentiment improved, the Australian dollar climbed 0.35% to $0.6483, and the New Zealand dollar rose 0.37% to $0.5998. "It’s obviously positive news for risk sentiment," said Rodrigo Catril, senior currency strategist at National Australia Bank, while cautioning that the longer-term outlook depends on the ceasefire’s durability and terms.
The greenback, which had recently gained on safe-haven demand, fell broadly. Against the yen, it slipped 0.21% to 145.79. The euro edged up 0.21% to $1.1602, and the British pound advanced 0.18% to $1.3551.
Adding pressure on the dollar were dovish signals from Federal Reserve officials. Fed Governor Michelle Bowman suggested a rate cut may be appropriate if inflation remains subdued, aligning with earlier comments from Governor Christopher Waller. This growing division among policymakers is shifting market expectations.
According to CME’s FedWatch tool, the probability of a July rate cut climbed to 20% from 14.5% a day earlier. Investors are now closely watching Fed Chair Jerome Powell’s upcoming testimony to Congress for further clues on the central bank’s policy direction.
The combination of geopolitical easing and dovish Fed rhetoric drove a broad-based decline in the dollar while encouraging risk-on trades in forex markets.
