Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review 
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Global stock markets surged to new highs on Thursday, propelled by chipmaker Micron Technology's upbeat forecast. The S&P 500 and Europe's STOXX 600 closed at all-time highs, while the MSCI global index set an intraday record.
Micron Leads Semiconductor Gains
Micron’s positive forecast spurred a 14.7% jump in its shares, lifting the semiconductor sector index by 3.5%. The company’s forecast renewed optimism for chip demand in artificial intelligence computing.
Treasury Yields and Federal Reserve Outlook
U.S. Treasury yields rose following robust economic data, lowering expectations of a 50-basis-point rate cut by the Federal Reserve at its November meeting.
European Markets Follow China’s Lead
European stocks, especially China-exposed sectors, saw gains following announcements of potential stimulus from China’s politburo. Markets are also anticipating the issuance of special sovereign bonds to boost Chinese consumption.
Silver and Gold Rally; Oil Prices Drop
Silver hit its highest level since 2012, and gold reached a record peak. Oil prices, however, fell on news that Saudi Arabia plans to increase output and abandon its $100-a-barrel price target.
Currency Movements
The U.S. dollar weakened after positive economic data, while the Swiss franc strengthened after a rate cut by the Swiss National Bank. The euro rose against the dollar amidst speculation of an interest rate cut by the European Central Bank.
