Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Gold prices remained stable in Asian trading on Friday, poised for a nearly 2% weekly gain as the U.S. dollar hovered near a four-month low. Investors remained cautious ahead of a key U.S. employment report that could influence Federal Reserve policy.
Spot Gold held at $2,913.57 per ounce, while April Gold Futures inched up 0.1% to $2,920.55. The weaker dollar made gold more attractive to investors, supporting prices.
Trade tensions continued to fuel uncertainty after President Trump initially imposed 25% tariffs on Canadian and Mexican goods, later delaying them under the USMCA agreement. The move added market volatility, boosting demand for safe-haven assets like gold.
Meanwhile, traders awaited U.S. payroll data for insights into the Fed’s interest rate outlook, especially amid persistent inflation concerns.
Other precious metals were subdued. Platinum Futures remained flat at $982.1, while Silver Futures slipped 0.4% to $33.198.
Copper prices, which had hit a three-week high, pulled back as weak Chinese trade data dampened sentiment. London Copper Futures dropped 0.7% to $9,639.25 per ton, while April Copper Futures held slightly higher at $4.7875 per pound.
Markets watched for potential Chinese stimulus measures amid slowing exports and imports. Recent comments from Trump about 25% tariffs on copper imports further weighed on sentiment, raising concerns about global supply chains.
With ongoing trade policy shifts and economic uncertainty, gold remained a key safe-haven asset, while investors looked for further cues from upcoming economic data and potential stimulus measures in China.
