BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
Oil Prices Dip as Markets Watch Ukraine Peace Talks and U.S. Rate Decision 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
U.S. Open to Special Trade Terms for South Africa Under Possible AGOA Extension 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
U.S.-Indonesia Trade Deal Faces Uncertainty as Jakarta Reconsiders Key Commitments 
Wall Street Futures Steady as Markets Await Fed Decision; Nvidia Gains on China Chip Sales Approval 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
Asian Currencies Hold Steady as Traders Await Fed Decision; Aussie Dollar Edges Higher 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
RBA Holds Rates but Warns of Rising Inflation Pressures 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Stocks Slip as Investors Brace for Fed Decision and JPMorgan Warning Weighs on Markets 
The euro soared to a five-month high, reaching $1.0947 in New York before stabilizing at $1.0913 in Asia, following Ukraine’s agreement to a month-long ceasefire proposal. European equity futures climbed, with FTSE futures up 0.3%, while Russia’s rouble hit a seven-month high.
Market volatility persisted as U.S. tariff uncertainty fueled concerns over economic slowdown. Wall Street’s S&P 500 slipped 0.8%, nearing a 10% decline from February’s peak, as President Donald Trump threatened then retracted a tariff hike on Canadian steel and aluminium. Investors fear the back-and-forth on trade policies will disrupt economic growth.
Asia-Pacific shares rose 0.2%, with China and Hong Kong markets steady, while Japan’s Nikkei held firm after hitting a six-month low. Meanwhile, travel stocks tumbled after Delta Air Lines halved its profit forecast, with United and American Airlines warning of deteriorating demand. Retailers also struggled—Kohl’s Corp plunged 24%, and Dick’s Sporting Goods fell 5.7% on weak sales reports.
The Canadian dollar hit a one-week low before recovering to C$1.443, ahead of a key central bank meeting where a seventh consecutive rate cut is in focus. The U.S. dollar weakened, Treasuries rallied, and the yen dipped from a five-month high, trading around 148 per dollar. The Australian dollar remained under pressure at 63 U.S. cents, while Brent crude hovered near $70 a barrel.
Investors await U.S. inflation data for February, though its impact from tariffs may be minimal. As uncertainty lingers over global markets, traders closely watch economic indicators and policy shifts that could dictate the next market moves.
