Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
European shares stabilized on Monday after a turbulent end to the previous week, supported by gains in technology and mining stocks. The pan-European STOXX 600 index climbed 0.6% by 0719 GMT, recovering from a 1.3% drop on Friday following U.S. President Donald Trump’s threat to impose 100% tariffs on Chinese imports. His remarks had shaken global markets, but a more conciliatory tone over the weekend helped ease investor concerns.
Despite a sell-off across Asian markets, European indices and U.S. futures signaled renewed optimism. France’s CAC 40 led regional gains, rising 0.9% after Sebastien Lecornu was reinstated as France’s prime minister just days after his resignation. The political stability helped strengthen investor confidence in French equities.
In corporate developments, AstraZeneca’s shares rose 0.7% after President Trump announced a deal allowing the UK-based drugmaker to sell select medicines at discounted prices to the U.S. Medicaid program in exchange for tariff relief. This move was seen as a positive step for both healthcare affordability and trade cooperation.
Germany’s PSI Software surged 37%, reaching its highest level since 2021, after private equity firm Warburg Pincus confirmed plans to acquire the company for over 700 million euros ($813 million). The deal validated earlier Reuters reports about the acquisition and pricing. Meanwhile, France’s Exosens jumped nearly 13% after Greek night vision technology firm Theon International revealed plans to purchase a 9.8% stake in the French company. However, Theon’s own shares fell 4.6% following the announcement.
Overall, European markets reflected a cautious yet improving mood, with investors encouraged by easing trade rhetoric and strong corporate activity across sectors. The rebound in tech and industrial stocks underscored a broader recovery in market confidence following last week’s tariff-driven volatility.
