December 2, 2025 12:22 pm
Key Moments The US dollar has been under broad pressure after Fed’s Williams backed a December rate cut and soft ADP data hit sentiment. Markets are pricing an 87% probability of a Fed rate cut in December and a 90% probability of a UK rate cut this month. GBPUSD is capped near 1.3250, with key […]
Read moreDecember 2, 2025 9:42 am
Key Moments Deutsche Bank initiated coverage of IG Group with a “buy” rating and a 1,300p price target. They cited undervaluation relative to the company’s medium-term outlook. The bank forecasts through FY26-29 include annual revenue growth of 5%, EBIT growth of 6%, and EPS growth of 11%, alongside a 2% yearly dividend increase. Core OTC […]
Read moreDecember 2, 2025 8:39 am
Key Moments Bitcoin traded 0.6% higher at $87,087.6 after dropping more than 7% below $84,000 in the prior session. November’s weakness extended into early December, with spot Bitcoin ETFs seeing sustained outflows and institutional appetite under pressure. Shares of Strategy Inc (NASDAQ:MSTR), Coinbase (NASDAQ:COIN), and Robinhood (NASDAQ:HOOD) declined as crypto volatility weighed on earnings expectations […]
Read moreDecember 2, 2025 7:44 am
Key Moments Most major Asian currencies traded in tight ranges even as expectations increased for a Federal Reserve rate cut at its December meeting. The Indian rupee weakened to a record 89.92 per dollar, pressured by persistent foreign fund outflows, trade uncertainties, and a wider current account deficit. Bank of Japan Governor Kazuo Ueda’s hawkish […]
Read moreDecember 1, 2025 3:12 pm
Key Moments Saudi Aramco raised its December propane OSP to $495 per ton and butane to $485 per ton. Sonatrach increased its December propane OSP to $470 per ton and butane to $485 per ton. The moves reflect LPG price hikes ranging from 3.3% to 5.4% amid constrained global supply. Middle East and North Africa […]
Read moreDecember 1, 2025 1:57 pm
Key Moments Brent and WTI futures rose 1.0% as OPEC+ confirmed it will maintain current output levels through the first quarter. OPEC+ is keeping about 3.24 million barrels per day of voluntary cuts in place while planning to assess members’ production capacities next year. Supply concerns intensified following U.S.-Venezuela tensions and attacks on Russian-linked energy […]
Read moreDecember 1, 2025 12:58 pm
Key Moments NatWest Group is acquiring a minority stake in London-based fintech Bourn as part of a £3.5m funding round. Bourn’s new capital will support the expansion of its Flexible Trade Account, a product it positions as a modern alternative to traditional business overdrafts. The collaboration is intended to help NatWest enhance working-capital access for […]
Read moreDecember 1, 2025 11:14 am
Key Moments Market-implied probability for a Federal Reserve rate cut in December stands at 92%, intensifying pressure on the USD. USDJPY has broken below a key daily uptrend line, with sellers eyeing the 153.50 support zone. Traders are pricing in a 36% chance of a Bank of Japan rate hike at the December meeting following […]
Read moreDecember 1, 2025 9:20 am
Key Moments Japan’s Nikkei 225 fell 1.9% to 49,285.66 after soft corporate investment and weak November manufacturing PMI data China’s factory activity contracted for an eighth consecutive month in November, while Hong Kong’s Hang Seng rose 0.8% to 26,068.05 U.S. equity futures declined early Monday, with S&P 500 futures down nearly 0.7% and Dow Jones […]
Read moreDecember 1, 2025 8:28 am
Key Moments Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) each showed losses of more than 4% by Monday press time, signaling a weak start to December. Key downside levels in focus included $80,600 for BTC, $2,623 for ETH, and $1.90 for XRP, with technical indicators pointing to mounting selling pressure. Comments from Bank of Japan […]
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