Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
President Trump has gone to reassure markets by indicating that he has no plans to remove Federal Reserve Chairman Jerome Powell from office, walking back previous criticisms. While he once referred to Powell as a "major loser" and pushed for deep interest rate cuts, Trump now claims that his sentiments were misquoted by the media. He persists in repeating his call for lower interest rates to jump start the economy.
On trade, Trump has indicated deep reductions in Chinese imports tariff, eliminating tariffs that had risen to 145%. Although not cut, he signaled future tariffs will be drastically reduced, partly driven by fears over the smuggling of fentanyl. These are among ongoing trade talks with China, which Trump indicates are progressing well.
The statements have been met positively by the market, with the US Dollar Index rebounding and equity futures rising. Investors welcome the continuity of Federal Reserve guidance and the hope of lower tariffs, easing financial burdens on American businesses and consumers. This turn toward a more centrist direction has been seen as a positive shift amidst existing economic and trade uncertainty.
