Currency markets
- Asia-Pacific markets open mixed as Trump rattles defense firms and oil prices slide - Overnight, the S&P 500 and the Down Jones Industrial Average snapped a three-day winning streak.
- Asia-Pacific markets set to open higher after U.S. captures Venezuela’s Maduro, oil slips - Asia-Pacific markets were set to open the first official trading week of 2026 on a firmer footing after the U.S. said it captured Venezuela's Nicolas Maduro, with oil prices easing.
- Asia markets set to open higher with holiday-thinned trade - Australia and Hong Kong markets were closed for the holidays.
- Asia’s worst-performing currency is set for a rocky start to 2026 - The Indian rupee is expected to touch 92 against the dollar by end-March 2026 amid trade policy uncertainty and capital outflows.
- India cuts rates to 5.25% as expected as central bank flags ‘weakness in some key economic indicators’ - India's central bank cut its policy rate by 25 basis points to 5.25%, matching forecasts from economists polled by Reuters.
- Asia markets mostly rise after Wall Street gains on rate-cut hopes fueled by weak jobs data - The ADP report is the last jobs picture the Federal Reserve gets before it meets Dec. 9-10. Markets are now pricing in an 89% chance of a cut.
- South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15% - Overnight, bitcoin plunged around 6% to trade below $86,000, marking its worst day since March and pressuring the broader stock market down.
- Asia-Pacific markets set to open higher ahead of private survey of China’s manufacturing activity - Traders are increasingly expecting a rate cut in the upcoming U.S. Fed meeting on Dec. 10.