Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
Oil prices eased slightly in Asian trading on Wednesday, pulling back from seven-week highs as investors weighed weaker demand forecasts and awaited the outcome of key U.S.-China trade negotiations.
Brent crude futures for July delivery slipped 0.3% to $66.65 per barrel, while West Texas Intermediate (WTI) dropped 0.2% to $64.86 per barrel, both retreating after hitting highs not seen since April.
The oil market remained focused on the results of two days of U.S.-China trade talks held in London. Officials from both sides announced a preliminary framework to reinforce the Geneva trade truce. The agreement includes China easing export restrictions on rare-earth minerals and magnets, while the U.S. plans to roll back some tech-related export controls, including on semiconductors. U.S. Commerce Secretary Howard Lutnick said the deal adds substance to previous commitments, though implementation still awaits approval from Presidents Trump and Xi.
Optimism over reduced trade tensions supported global growth sentiment, helping buoy oil prices. However, concerns over weaker demand kept gains in check. The U.S. Energy Information Administration (EIA) trimmed its global oil demand forecast by 200,000 barrels per day to 103.5 million bpd, citing weaker consumption in developed nations. The agency also projected lower U.S. crude output in 2025 due to subdued drilling activity.
In contrast, OPEC+ continues to ramp up production, heightening oversupply worries. On the inventory front, U.S. crude stockpiles fell by 370,000 barrels last week, according to the American Petroleum Institute (API), defying expectations of a 700,000-barrel build. Investors now await the official EIA report for confirmation.
The mix of trade optimism, demand concerns, and inventory data is likely to keep oil markets volatile in the short term.
