Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Global Forex Markets Brace for Fed Decision as Yen Extends Weakness 
Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
The U.S. dollar edged lower on Wednesday as traders awaited key employment data and updates on trade negotiations led by President Donald Trump. The Trump administration set a Wednesday deadline for countries to submit trade offers, coinciding with the start of a 50% tariff on imported steel and aluminum.
Markets are also watching for a possible phone call between Trump and Chinese President Xi Jinping, amid tensions over allegations that both nations breached last month’s tariff rollback agreement.
Despite ongoing trade tensions, macroeconomic indicators have begun influencing dollar movements again. After a manufacturing contraction pushed the dollar down 0.8% on Monday, a surprise surge in U.S. job openings helped it recover nearly the same amount on Tuesday. The JOLTS report, which is closely monitored by the Federal Reserve, showed significantly higher-than-expected figures, boosting sentiment.
By early Wednesday, the dollar dipped 0.09% to 143.82 yen, while the euro gained 0.13% to $1.1385. The dollar index, which tracks the greenback against six major currencies, remained flat at 99.159. Traders are now eyeing the ADP employment report due later in the day, ahead of Friday’s critical non-farm payrolls data.
Joseph Capurso, analyst at Commonwealth Bank of Australia, noted that “job openings were much stronger than expected,” adding that with low expectations for the ADP data, even a small upside surprise could lift the dollar and bond yields.
Elsewhere, the Australian dollar held steady at $0.6460 ahead of GDP data, while South Korea’s won rose 0.2% to 1,375.25 per dollar following the presidential election win of liberal candidate Lee Jae-myung.
