Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
Overview of US Stock Futures
US stock futures were largely flat on Wednesday as investors prepared for a wave of quarterly earnings reports, including Tesla. As of 03:31 ET (07:31 GMT), the Dow futures were down 115 points (0.3%), while S&P 500 and Nasdaq 100 futures showed little movement.
Tesla Earnings Report Anticipated
Tesla's upcoming earnings report is anticipated to make waves in the market. The company's shares have struggled this month, especially after the recent unveiling of its robotaxi, which left investors wanting more details. Year-to-date, Tesla shares have declined by approximately 12%, contrasting sharply with the S&P 500’s 23.4% increase.
Texas Instruments Surprises Investors
Texas Instruments reported a third-quarter profit exceeding expectations, with earnings per share at $1.47 on revenues of $4.15 billion. This positive outcome drove a rise in its share price during after-hours trading, highlighting growth in its automotive product segment, particularly in the electric vehicle market.
Starbucks Faces Challenges
Starbucks shares fell in after-hours trading after the company suspended its financial guidance for the upcoming fiscal year. Preliminary results indicated declines in same-store sales and net revenue, attributed to lower demand for premium items. New CEO Brian Niccol emphasized the need for a strategic overhaul to regain growth.
Conclusion
Amidst these developments, oil prices are also feeling the pressure, with Brent crude dropping 0.6% to $75.62 per barrel. Increased US crude inventories were reported, raising concerns about fuel demand, while Middle East tensions continue to exert influence on market conditions.
