S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
Asian stock markets opened the week lower as investors reduced risk exposure amid thin year-end liquidity, looming central bank decisions, and a packed schedule of delayed economic data releases. Early Monday trading saw MSCI’s broadest index of Asia-Pacific shares outside Japan fall by 0.6%, with South Korean equities leading losses after sliding as much as 2.7%, despite being among the strongest-performing markets this year.
Market sentiment has been weighed down by caution as traders approach the final full trading week of 2025. According to market analysts, many investors have already begun closing positions ahead of the holidays, contributing to lower liquidity. While trading conditions remain manageable for now, liquidity is expected to drop sharply as the year draws to a close, potentially amplifying market moves.
Global investors are closely watching a series of central bank policy decisions. The Bank of Japan is widely expected to raise interest rates by 25 basis points to 0.75%, reflecting confidence in the country’s economic resilience. In contrast, the Bank of England may cut rates by the same margin to 3.75%, while the European Central Bank, along with Sweden’s Riksbank and Norway’s Norges Bank, is expected to keep rates unchanged. These decisions could influence global currency markets, bond yields, and equity flows.
U.S. markets showed modest stability, with S&P 500 e-mini futures up 0.1% and the 10-year Treasury yield holding near 4.18%, as investors awaited key U.S. economic indicators. These include the November jobs report and consumer price index data, both delayed due to the recent U.S. government shutdown.
In Asia, Japanese stocks were supported by a strong Tankan survey, which revealed that large manufacturers’ sentiment reached a four-year high, suggesting the economy is withstanding pressure from higher U.S. tariffs. Meanwhile, the Chinese yuan hovered near its strongest level in over a year, as markets awaited fresh property and activity data amid renewed concerns over China’s troubled real estate sector following payment issues at state-backed developer China Vanke.
Commodity markets were mixed, with Brent crude edging higher on refinery disruptions in Canada, while gold prices eased slightly after a strong rally last week. Cryptocurrency markets remained under pressure, with bitcoin and ether extending recent losses as risk appetite stayed subdued.
