December 17, 2025 1:52 pm
Key Moments Warner Bros Discovery is expected to advise shareholders to reject Paramount Global’s $108bn hostile takeover bid. Meanwhile, Netflix has secured board backing for an $82.7bn agreement, while Paramount is pressing a $30-per-share cash offer. At the same time, Donald Trump has fueled political controversy by criticizing CNN and commenting on CBS and “60 […]
Read moreDecember 17, 2025 1:05 pm
Key Moments Bitcoin traded below $87,000 on Wednesday after rejecting a key trendline and sliding nearly 7%, retesting support at $85,569. Spot Bitcoin ETFs recorded $277.09 million in outflows on Tuesday for a second straight session, while Matrixport-linked wallets moved 4,000 BTC to Binance. CME Bitcoin futures open interest hovered near annual lows at 124,000 […]
Read moreDecember 17, 2025 10:43 am
Key Moments Most Asian currencies slipped while the US Dollar Index rose 0.3% during Asia trading hours. The Indian rupee rebounded more than 1% intraday after touching successive record lows earlier in the week. Softer U.S. labor market figures added uncertainty to the Federal Reserve’s interest rate outlook. Asia FX Softens as Dollar Firms Most […]
Read moreDecember 17, 2025 7:41 am
Key Moments The European Commission is preparing proposals to extend the EU’s carbon border levy to additional products, including car parts and washing machines. Under the draft rules, the EU could apply “default” emissions values if foreign companies are suspected of under-reporting emissions. From 2026, CBAM will begin charging for emissions on covered imports, with […]
Read moreDecember 16, 2025 2:54 pm
Key Moments Visa Inc. (V) launched USDC stablecoin settlement for U.S. issuers and acquirers, enabling card transactions to settle using Circle’s USDC for the first time domestically. Monthly USDC settlement volume on Visa’s network reached a $3.5 billion annualized run rate as of November 30. Cross River Bank and Lead Bank have already settled transactions […]
Read moreDecember 16, 2025 1:18 pm
Key Moments The U.K. composite PMI rose to 52.1 in December from 51.2 in November, beating expectations of 51.6 and remaining above the 50 expansion threshold. Input costs increased at their fastest pace since May, while prices charged hit their highest level since August, pointing to renewed pricing power. GBP/USD climbed to an intraday high […]
Read moreDecember 16, 2025 9:39 am
Key Moments EDP stock rose 1% in Lisbon after ERSE issued its final decision on 2026 electricity tariffs and 2026-2029 regulatory parameters. ERSE set a 1.0% year-on-year increase in 2026 regulated tariffs for normal low voltage users, with grid access tariffs at €97.5/MWh. The nominal pre-tax rate of return was fixed at 6.70% for 2026, […]
Read moreDecember 16, 2025 8:30 am
Key Moments The yen advanced 0.3% to 154.735 per dollar as traders positioned for a widely expected 25-basis-point Bank of Japan rate increase to 0.75% on Friday. The U.S. dollar index traded at 98.256, edging up after nearing its weakest level since October 17, ahead of delayed U.S. employment data for October and November. The […]
Read moreDecember 16, 2025 7:42 am
Key Moments Spot gold declined 0.4% to $4,289.38 an ounce, while February gold futures slipped 0.5% to $4,315.30/oz. Spot silver dropped 1.9% to $62.8595 after recent record highs, with silver futures down 1.2% to $62.830/oz. ANZ analysts projected that gold could rise above $5,000/oz in 2026, although they expect a slower pace of gains after […]
Read moreDecember 15, 2025 3:16 pm
Key Moments Morgan Stanley upgraded Hershey to Overweight, noting an earnings recovery not yet reflected in consensus estimates. The firm projects roughly 20% total return, including dividends, as earnings rebound from a period of heavy cost inflation and downward estimate revisions. Analysts expect earnings to reaccelerate sharply from fiscal 2026, with potential for sustained double-digit […]
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