Asian Markets Slip as Investors Brace for Fed Rate Cut and Global Policy Decisions 
Global Forex Markets Brace for Fed Decision as Yen Extends Weakness 
Gold Prices Inch Higher as Fed Rate-Cut Expectations Strengthen 
ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
Canada Stocks Steady as Markets Await Fed and BoC Decisions 
RBA Holds Rates but Warns of Rising Inflation Pressures 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
Silver Prices Surge to New Record Above $60 as Supply Concerns and Fed Expectations Boost Demand 
Australia’s Business Conditions Ease in November as Capacity Constraints Persist 
China Warns of Rising Global Risks as Tariff Pressures Intensify in 2025 
Yesterday, a report from Bloomberg that suggested that Chinese government officials, who are reviewing the country’s vast forex reserves of more than $3 trillion have made a comment suggesting that China might reevaluate its reserve strategy and trim the country’s purchase of U.S. Treasuries
. The report sent both dollar and treasuries tumbling as a change of policy in China, which is the largest holder of U.S. Treasuries to the tune of 1.2 trillion could have significant ramifications for the global markets.
However, China’s State Administration of Foreign Exchange (SAFE), which is the country’s foreign exchange regulator countered the claim in the report by calling it false or fake news. "The news could quote the wrong source of information, or maybe fake news," the State Administration of Foreign Exchange (SAFE) said in a statement published on its website.
Both Treasuries and the dollar recovered after the Bloomberg report was countered. The dollar index, which is the value of the dollar against a basket of currencies recovered all the yesterday’s loss and is currently trading at 92.5. The U.S. 10-year yield declined more than 5 basis points and is currently trading at 2.54 percent.
