Market Update

Currency and commodity markets moved cautiously on Tuesday as investors positioned themselves ahead of a busy round of economic data from the United States, China, and Australia. The US dollar paused its recent slide, finding mild support as traders assessed the incoming figures that could shape expectations for policy direction …

The euro held steady against the US dollar on Tuesday, pausing after a strong multi-day rally that recently pushed the currency to its highest levels in more than two weeks. With trading conditions calm and no major US data released, the market moved cautiously while investors assessed the latest signs …

The global economy is showing unexpected strength this year, proving more resilient than many anticipated in the face of rising trade barriers and policy uncertainty. According to fresh projections, worldwide growth is set to reach 3.2% in 2025, a slight easing from last year but still stronger than earlier expectations. …

Bitcoin regained momentum after U.S. Federal Reserve Chair Jerome Powell refrained from offering any comments on the economy or monetary policy during a speech at Stanford University. His silence — expected due to the blackout period ahead of next week’s Fed meeting — added to growing speculation that the central …

Gold prices recovered part of their earlier losses on Tuesday, lifted by growing expectations that the Federal Reserve will cut interest rates at its upcoming meeting. After briefly dipping toward $4,181, the metal bounced back during US trading hours to trade near $4,225, supported by strong conviction across markets that …

Bitcoin edged slightly higher on Tuesday, stabilizing after a sharp selloff at the start of December that dragged the world’s largest cryptocurrency below the $84,000 mark. By 01:58 ET (06:58 GMT), Bitcoin was up 0.6% at $87,087.6, after dropping more than 7% on Monday and briefly trading under $84,000. The …

U.S. stock futures ticked higher on Tuesday, as investors weighed soft manufacturing data, rising expectations of a Federal Reserve rate cut next week, and uncertainty over who will replace Jerome Powell as Fed Chair. By 05:55 ET (10:55 GMT): Dow Jones futures were up 80 points (+0.2%) S&P 500 futures …

European equities traded without clear momentum on Tuesday, with investors cautious ahead of major central bank decisions scheduled for the final month of the year. By 03:05 ET (08:05 GMT): Germany’s DAX rose 0.1% UK’s FTSE 100 added 0.1% France’s CAC 40 slipped 0.1% Global Monetary Policy in Focus European …

UK house prices rose slightly faster than expected in November ahead of finance minister Rachel Reeves’ budget, with stronger wage growth offering some relief to stretched buyers, according to data from mortgage lender Nationwide on Tuesday. On a seasonally adjusted basis, house prices increased 0.3% in November, following a 0.2% …

Oil prices were steady in Asian trading on Tuesday, consolidating the previous session’s gains as OPEC+ reaffirmed its decision to pause production increases in the first quarter and as traders continued to evaluate supply risks tied to global geopolitical tensions. By 21:18 ET (02:18 GMT): Brent February futures rose 0.1% …