Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
The S&P 500 surged 1.1% on Wednesday after the Federal Reserve left interest rates unchanged and maintained its forecast for two rate cuts in 2024, despite acknowledging persistent inflation. The Dow Jones rose 383 points (0.9%), while the NASDAQ gained 1.4%.
The Fed kept rates in the 4.25%-4.5% range, with projections showing a decline to 3.9% by year-end, unchanged from December. Inflation forecasts increased, but Fed Chair Jerome Powell suggested weaker economic growth might offset rising prices. Powell emphasized that while sentiment indicators softened, economic fundamentals, including the labor market, remain strong.
Tesla jumped over 4% after securing an initial regulatory approval for its robotaxi service in California. The California Public Utilities Commission granted the company a transportation permit, a crucial step toward launching autonomous ride services.
Boeing soared 7% as CFO Brian West highlighted improved operations. Meanwhile, Nvidia climbed more than 2% after CEO Jensen Huang downplayed concerns over tariff impacts.
General Mills, however, fell 2% after forecasting a significant decline in sales and profit due to increased competition from lower-cost private label brands.
Despite inflation concerns, analysts believe the Fed will prioritize labor market stability over short-term price increases. Investors remain optimistic about the central bank’s rate-cut timeline, fueling market gains.
