Global News

USOIL tries to maintain its momentum from last week’s advance amid Fed rate cut bets and ongoing Ukraine war, but supply-demand dynamics remain unfavorable.

Despite avoiding it last week, risk of new 2024 low remains high as the Fed heads to a shallower easing path, while the ECB may need to remain aggressive

Copper breached 4.000 for the first time in four months as markets assess Trump’s potential impacts, but finds tries to find reprieve after China announced the end of export tax rebates

The pair heads towards a losing as markets try to decode the potential impact of a Trump administration amid pro-oil policy and China tariff threats

The victory of Donald Trump in last week’s elections send Wall Street soaring, with US 2000 outperforming the broader SPX500

Although its major peers are cutting rates, the RBA does not go do down this road and the Aussie reacts higher

The pair drops and heads towards its worst month of the year, as Australian inflation showed further moderation and is likely to add pressure to the RBA to follow its peers and start cutting rates

The pair extends this month’s losses, as UK inflation dropped below the 2% target for the first time in over three years, strengthening the case for bolder rate cuts by the central bank

HKG33 is tepid as Chinese authorities announced new fiscal support, but the lack of details and soft inflation report sustain skepticism

Netflix goes into the Q3 earnings from a position of strength and its stock reaching new record highs, but expects revenue growth to slow and challenges lay ahead

The pair extends its losses after the central bank of New Zealand accelerated its easing pace after August’s pivot as inflation cools, the economy contracted and unemployment is rising