China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries 
German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025 
Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs 
South Korea Central Bank Warns of Rising Financial Stability Risks Amid Won Volatility 
Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike 
Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand 
Gold Prices Surge to Record Highs as Geopolitical Tensions Fuel Safe-Haven Demand 
Yen Stabilizes Near Lows as Japan Signals Readiness to Intervene Amid Dollar Weakness 
Russia Stocks End Flat as Energy Shares Support MOEX Index 
U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise 
Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts 
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 
U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness 
UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile 
Oil surged to $47 a barrel Tuesday, its highest level since in March on Tuesday, due to AstraZeneca's promising coronavirus vaccine that spurred demand recovery hopes and US President-elect Joe Biden's transition to the White House.
AstraZeneca said its COVID-19 shot was 70 percent effective in trials and could be up to 90 percent effective.
Vaccines from Pfizer/BioNTech and Moderna have earlier recorded positive results against the coronavirus.
Brent crude gained 45 cents, or 1 percent, to $46.51 a barrel in morning trade and hit $46.72, its highest since March 6.
Meanwhile, US West Texas Intermediate crude jumped 47 cents, or 1.1 percent, to $43.53.
According to Tamas Varga of broker PVM, he expects next year’s oil demand estimates to be amended upwards as the fight against the coronavirus is intensifying and is proving to be increasingly successful.
Also boosting oil and financial markets was the US transitioning to a Joe Biden presidency.
