Gold Prices Surge to Record Highs as Geopolitical Tensions Fuel Safe-Haven Demand 
U.S. Stock Futures Rise Ahead of Holiday-Shortened Week as AI Optimism Lifts Tech 
China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries 
Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs 
Japan Signals Possible Yen Intervention as Currency Weakens Despite BOJ Rate Hike 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets 
RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist 
UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile 
South Korea Central Bank Warns of Rising Financial Stability Risks Amid Won Volatility 
Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand 
Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten 
Oil Prices Ease in Asia as Geopolitical Risks Clash With Weak Demand Outlook 
Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike 
China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious 
EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks 
New Zealand Cuts Cash Rate to 4.75% to Control Inflation
On Wednesday, the Reserve Bank of New Zealand (RBNZ) lowered its official cash rate (OCR) by 50 basis points to 4.75%. This decision aligns with market expectations, as 17 out of 28 economists surveyed by Reuters predicted this half-percentage-point cut.
Targeting Inflation Stability
The RBNZ aims to maintain inflation within its target range of 1% to 3%. The central bank emphasized that cutting the OCR would help stabilize inflation, employment, and exchange rates while avoiding unnecessary economic disruptions.
Second Consecutive Cut
This rate cut marks the second consecutive reduction by the RBNZ, reflecting ongoing efforts to manage inflation. The central bank is committed to balancing its monetary policy to support overall economic stability.
