Gold Prices Inch Higher as Fed Rate-Cut Expectations Strengthen 
ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
Oil Prices Dip as Markets Watch Ukraine Peace Talks and U.S. Rate Decision 
U.S. Defense Bill Sets Record $901 Billion Budget, Includes Ukraine Aid 
Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth 
Stocks Slip as Investors Brace for Fed Decision and JPMorgan Warning Weighs on Markets 
RBA Holds Rates but Warns of Rising Inflation Pressures 
Japan’s Q3 Economic Contraction Deepens as Revised Data Signals Stronger Headwinds 
Asian Currencies Hold Steady as Traders Await Fed Decision; Aussie Dollar Edges Higher 
Oil Prices Hold Steady as Markets Track Ukraine Peace Talks and U.S. Rate Decision 
Australia’s Business Conditions Ease in November as Capacity Constraints Persist 
Asian Markets Slip as Investors Brace for Fed Rate Cut and Global Policy Decisions 
UK Job Market Shows Persistent Weakness Ahead of November Budget 
U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut 
Global Markets Steady as Yen Holds Firm After Japan Earthquake Amid Central Bank Focus 
The euro rebounded from a 2.5-week low against the U.S. dollar on Monday, gaining 0.4% to $1.0415 as European leaders moved towards a Ukraine peace plan. Sterling also advanced 0.2% to $1.2602 after UK Prime Minister Keir Starmer confirmed Europe's initiative to present a peace proposal to Washington.
Meanwhile, Bitcoin surged nearly 11% to $92,905, briefly touching $94,852.56. The rally followed U.S. President Donald Trump’s social media post naming Bitcoin, Ethereum, XRP, Solana, and Cardano as part of a new strategic cryptocurrency reserve. Bitcoin had dipped to $78,273.03 on Friday, its lowest since mid-November, before rebounding.
The Canadian dollar and Mexican peso each rose 0.2%, trading at C$1.4439 and 20.4891 pesos per U.S. dollar. The gains came after U.S. Commerce Secretary Howard Lutnick hinted that planned 25% tariffs on Canada and Mexico might be reduced. Trump is still expected to impose additional 10% levies on China.
The Australian and New Zealand dollars bounced from one-month lows, rising 0.2% and 0.1%, respectively, to $0.6220 and $0.5606. The yen slipped 0.1% to 150.52 per dollar, while China's yuan edged up 0.1% to 7.2873 per dollar in offshore trading.
The U.S. dollar index eased 0.1% to 107.21. However, analysts at Commonwealth Bank of Australia predict the dollar’s rally will resume as the U.S.-China trade war escalates, with "peak tariff" levels yet to be reached.
