China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
Asian currencies declined on Tuesday, while the U.S. dollar edged higher after President Donald Trump imposed tariffs on metal imports, fueling concerns over a potential trade war.
Trade-sensitive currencies, including the South Korean won, Australian dollar, and Singapore dollar, were among the biggest losers. The Japanese yen saw some safe-haven demand, limiting its losses, while the Chinese yuan remained stable.
The dollar index rose 0.1%, extending gains from the previous session. Trump signed executive orders imposing 25% tariffs on steel and aluminum imports, with potential for additional tariffs. Traders speculated that these measures could drive inflation, influencing future interest rate decisions.
The USDKRW and USDSGD pairs increased by 0.2% and 0.1%, respectively, while the AUDUSD fell 0.2%, despite positive consumer sentiment data in Australia. The yen held near a two-month low as bets on Bank of Japan rate hikes increased. The Chinese yuan remained steady, backed by Beijing’s intervention following recent U.S. tariffs.
India’s rupee stabilized after nearing record lows, supported by the Reserve Bank of India. However, concerns grew after Trump’s top economic adviser, Kevin Hassett, criticized India’s high import tariffs. Reports suggested Prime Minister Narendra Modi is preparing tariff cuts on key sectors, including electronics and medical equipment, ahead of discussions with Trump.
Market participants now await key U.S. inflation data, expected to influence the Federal Reserve’s rate outlook. Asian currencies remain under pressure amid growing trade tensions and shifting monetary policies.
