German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025 
Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand 
South Korea Central Bank Warns of Rising Financial Stability Risks Amid Won Volatility 
Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week 
U.S. Stock Futures Rise Ahead of Holiday-Shortened Week as AI Optimism Lifts Tech 
Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten 
Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
Japan Signals Possible Yen Intervention as Currency Weakens Despite BOJ Rate Hike 
China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries 
Russia Stocks End Flat as Energy Shares Support MOEX Index 
UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile 
Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization 
Oil Prices Ease in Asia as Geopolitical Risks Clash With Weak Demand Outlook 
EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks 
Asian Currencies Stabilize as Markets Await China Stimulus
Most Asian currencies remained stable on Thursday, as investors awaited clearer signals on potential financial stimulus from China. Meanwhile, the U.S. dollar maintained its strength, reaching 2.5-month highs driven by rising speculation over Donald Trump's possible second term as president.
Dollar Steadies on Trump Trade Prospects
The U.S. dollar index saw a slight dip in Asian markets but stayed near its peak since early August. Predictions of a Trump re-election, which crypto betting platforms like Polymarket currently favor, have boosted the dollar. While some media polls show Vice President Kamala Harris with a narrow lead, Trump’s policies—such as tariff increases and closer Fed coordination—are expected to drive inflation, bolstering both the dollar and U.S. Treasury yields.
Adding to the dollar's strength was the euro's decline ahead of an anticipated European Central Bank interest rate cut.
Chinese Yuan Slips Amid Housing Stimulus Concerns
The Chinese yuan weakened slightly, with the USDCNY pair rising by 0.1%. Investors were disappointed by the latest housing sector stimulus measures, which fell short of expectations during a government briefing. With third-quarter GDP data expected on Friday, markets are watching for further indicators of China's economic health.
Regional Currencies Mixed as Dollar Strengthens
Across the region, currency performance varied. The Japanese yen was flat amid a larger-than-expected trade deficit, while the Australian dollar gained 0.2% due to robust labor market data. South Korea’s win rose 0.4%, but the Indian rupee hovered near record lows.
