Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
Asian markets extended Wall Street gains on Wednesday, fueled by upbeat U.S. economic signals and optimism ahead of Nvidia’s earnings report. Investors welcomed easing trade tensions between the U.S. and Europe and a stabilization in global bond markets after a recent spike in yields.
Stronger-than-expected U.S. consumer confidence and hopes of strong tech earnings boosted investor sentiment. Nvidia (NASDAQ: NVDA), which surged over 4% on Tuesday, is set to report its Q1 results after U.S. markets close. Analysts expect a 66.2% year-on-year revenue jump to $43.28 billion, according to LSEG. Pepperstone’s Chris Weston said there’s growing belief Nvidia will outperform estimates, which could trigger a further rally.
The MSCI Asia-Pacific index excluding Japan rose 0.3%, while Japan’s Nikkei climbed 0.6%, marking its fourth consecutive session of gains. Australian shares edged up 0.17%, though the Australian dollar slipped 0.2% after hotter-than-expected April inflation data. Meanwhile, the New Zealand dollar dropped 0.3% following the Reserve Bank of New Zealand’s rate cut.
The dollar index rose 0.1%, adding to Tuesday’s 0.6% gain, as the greenback firmed against major currencies, including the euro, which fell to $1.132.
Japanese government bonds eased slightly ahead of a key 40-year auction amid speculation the Ministry of Finance might cut long-term bond issuance.
Oil prices rose after the U.S. barred Chevron (NYSE: CVX) from exporting crude from Venezuela, heightening supply concerns. Brent crude futures gained 0.4% to $64.37 a barrel. Spot gold inched up 0.1%, rebounding slightly after a 1% drop the previous day.
Overall, global market sentiment remained cautiously optimistic as investors await Nvidia's earnings and key U.S. labor data later in the week.
