Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Oil Prices Fall After Reaching One-Month Highs
Oil prices dipped in Asian trading on Tuesday, retracting from the one-month highs achieved last week due to heightened concerns over the Middle East conflict. Traders initiated profit-taking, pushing down Brent crude futures for December by 0.6% to $80.42 a barrel and West Texas Intermediate (WTI) crude futures by 0.6% to $76.04.
Dollar Strength Limits Oil Gains
Further gains were tempered by a stronger U.S. dollar, which was buoyed by expectations of fewer U.S. interest rate cuts. A strong dollar typically makes oil more expensive for holders of other currencies, limiting demand.
Hurricane Milton Poses Limited Supply Disruption
Hurricane Milton, the second major storm to hit the U.S. this month, has raised concerns about possible disruptions to oil production. While the hurricane is projected to avoid significant Gulf of Mexico oil infrastructure, some regional ports may impose restrictions, potentially delaying oil shipments.
Middle East Tensions Continue to Drive Market Anxiety
The ongoing conflict in the Middle East remains a key factor influencing oil prices. Intensified fighting between Israel and Hezbollah, alongside Iran’s involvement, has raised fears of broader regional escalation. The potential for supply disruptions from key oil-producing regions, particularly if Israel targets Iran’s oil facilities, remains a looming threat.
China's Market Reopening and Stimulus Measures
The reopening of Chinese markets, following a week-long holiday, is also being watched closely by oil traders. China, the world’s largest oil importer, recently announced major stimulus measures, which could boost oil demand and influence global prices.
