Asian Stocks Rebound as SK Hynix Earnings Calm AI Fears, Oil Surges Ahead of Fed Decision 
Gold Prices Fall 1% Ahead of Fed Decision as Markets Watch Warsh, Iran Talks 
Hong Kong Home Prices Extend Winning Streak With 13th Straight Monthly Gain in June 
European Stocks Edge Higher as Strong Earnings Offset Inflation and Fed Rate Concerns 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
US Stock Futures Slip Ahead of Fed Decision, Big Tech Earnings Amid Middle East Tensions 
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 
Gold Price Rallies as Fed Holds Rates, Middle East Tensions Boost Safe-Haven Demand 
Japan PM Sanae Takaichi Plans Temporary Food Tax Cut to Ease Inflation Pressure 
Oil Prices Head for 21% Monthly Surge as Middle East Conflict Fuels Supply Fears 
The Markit manufacturing PMI declined to 52.6 in the November flash estimate, coming in below consensus expectations (54.0), as the headline index slid to the lowest level since 2013. Output declined to 54.6 (previous: 55.6), with new orders (53.1, previous: 55.6) and employment (51.9, previous: 53.2) also lower on the month. The export orders index fell below the neutral mark for the first time in three months (49.5, previous: 51.8).
"November release shows broad softness across US manufacturing activity and brings the Markit series closer in line with the ISM manufacturing index, which has indicated stagnant conditions for the past several months. With the trade-weighted dollar at the highest levels in over a decade, the headwinds facing US manufacturing have yet to subside", says Barclays.
