Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns 
Asian Stocks Mixed as U.S. Treasury Yields Rise
Asian stocks performed mixed on Wednesday, as rising U.S. Treasury yields and uncertainty around the upcoming U.S. presidential election kept investors cautious. Most regional markets followed a flat lead from Wall Street, which saw mixed corporate earnings and subdued optimism.
Hong Kong's Hang Seng Index Surges on IPO Strength
Hong Kong's Hang Seng Index led the region, rising 1.7%. The market was buoyed by a strong debut from China Resources Beverage, which saw its shares soar by 14%. The company raised $540 million in its IPO, marking Hong Kong’s second-largest IPO of the year. This followed Horizon Robotics, which raised $696 million earlier in the week, fueling optimism about a recovery in Hong Kong's IPO market after a prolonged slump.
Chinese Markets Extend Gains on Stimulus Measures
China’s Shanghai Composite and CSI 300 indexes rose 0.4% and 0.2%, respectively, as Beijing's recent stimulus measures boosted investor sentiment. A surprise interest rate cut from the People’s Bank of China (PBOC) on Monday and expectations of further liquidity injections helped support Chinese stocks.
Other Asian Markets Struggle for Direction
Elsewhere, Japan's Nikkei 225 and TOPIX indices remained flat amid anticipation of a general election and an upcoming Bank of Japan meeting. Australia’s ASX 200 and South Korea's KOSPI also saw minimal movement, while India's Nifty 50 futures pointed to a weak open due to profit-taking and capital outflows.
