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UK's FTSE 100 edges higher as investors assess corporate updates; Burberry rises
Dec 4 (Reuters) - UK's FTSE 100 ticked up on Thursday, with investors assessing corporate updates and economic data suggesting potential weakness, while Burberry gained after an HSBC price target raise on the luxury goods maker.
Reuters
Thu, Dec 4
EU considering interim measures against Meta, EU antitrust chief says
BRUSSELS, Dec 4 (Reuters) - EU regulators are considering whether to impose interim measures against Meta META.O over its rollout of artificial intelligence features in its messaging service WhatsApp, EU antitrust chief Teresa Ribera said on Thursday.Ribera, who had earlier opened an investigation i
Meta Platforms Inc
Reuters
Thu, Dec 4
Gold edges lower on stronger equities as investors look ahead to next Fed meeting
Dec 4 (Reuters) - Gold ticked lower on Thursday as gains in equities markets in Asia and Europe weighed on safe-haven demand, while investors turned their attention to next week's U.S. Federal Reserve meeting and upcoming U.S. data that could shape the outlook for interest rates.
Gold
Reuters
Thu, Dec 4
Trump could decide next year to withdraw from USMCA trade deal, USTR Greer tells Politico
Dec 4 (Reuters) - U.S. President Donald Trump could decide next year to withdraw from the United States-Mexico-Canada trade agreement (USMCA), Politico reported on Thursday, citing U.S. Trade Representative Jamieson Greer. “The president’s view is he only wants deals that are a good deal. The reason
Reuters
Thu, Dec 4
Macron urges Xi to step up efforts on Ukraine, rebalancing global trade
Macron in Beijing for fourth state visit to ChinaFrench President being accompanied by large business delegationUrged China's Xi to cooperate on geopolitics, trade, environmentXi told France to maintain its independence in geopoliticsBy Joe Cash BEIJING, Dec 4 (Reuters) - French President Emm...
Reuters
Thu, Dec 4
Asia markets mixed, sentiment tepid as Fed looms
Fed expected to cut rates amid weak economic dataU.S. dollar hits five-week low, continues declineJapanese chipmakers rise after Trump-Nvidia CEO meetingBy Gregor Stuart Hunter SINGAPORE, Dec 4 (Reuters) - The dollar hit a five-week low while Asian stocks made a lacklustre start to Thursday
Reuters
Thu, Dec 4
Strategy Eyes Bitcoin Lending Partnerships With Big Banks
Strategy CEO Phong Le signaled the company may eventually lend part of its bitcoin holdings once large US banks fully enter the market with institutional-grade custody and lending infrastructure, while stressing that the core strategy remains to “buy and hold bitcoin.” Building A Dollar Buffer Aroun
Strategy Inc
Bitcoinist
Thu, Dec 4
Novo Nordisk gears up for December Ozempic launch in India, sources say
India emerges as key battleground for GLP-1 drugsNovo races to counter Lilly's Mounjaro in IndiaGenerics loom as semaglutide patent expiry nears in 2026By Rishika Sadam HYDERABAD, India, Dec 3 (Reuters) - Danish drugmaker Novo Nordisk NOVOb.CO will launch its blockbuster diabetes drug Ozempic...
Novo Nordisk A/S
Reuters
Thu, Dec 4
Japan's 30-year bond yields rise to record as auction tests demand
TOKYO, Dec 4 (Reuters) - Record-high yields on 30-year Japanese bonds helped support demand at an auction of the debt on Thursday at a time when the government plans massive debt-fuelled stimulus.The 30-year Japanese government bond (JGB) yield climbed to an unprec...
Reuters
Thu, Dec 4
BOJ likely to raise rates in December, government to tolerate move, sources say
TOKYO, Dec 4 (Reuters) - The Bank of Japan is likely to raise interest rates in December with the government expected to tolerate such a decision, three government sources familiar with the deliberations said.The BOJ looks set to proceed with a hike in its policy rate to 0.75% from 0.5%, which was f
Reuters
Thu, Dec 4
Gold slips as investors turn cautious ahead of Fed meeting, PCE data in focus
Silver hit a record high of $58.98/oz on WednesdayUS private payrolls fell by 32,000 jobs data on Wednesday showedInvestors price in 89% of a rate cut in December - CME FedWatchBy Ishaan Arora and Sherin Elizabeth Varghese Dec 4 (Reuters) - Gold edged lower on Thursday as investors booked profits
Gold
Reuters
Thu, Dec 4
Dollar soft as rate-cut bets intact, euro at 7-week high
Weak US data bolsters rate cut expectations Euro the major winner amid dollar decline in 2025Yen intervention worries ease but BOJ rate path remains uncertainBy Ankur Banerjee SINGAPORE, Dec 4 (Reuters) - The U.S. dollar was on a weak footing on Thursday after lacklustre economic data seemingly c
Reuters
Thu, Dec 4
Next steps for Ukraine talks unclear after Moscow meeting, Trump says
Kremlin says work on Ukraine proposals going onExpert-level work to pave the way for more meetings Trump says Putin meeting with US envoys was reasonably good but path ahead is unclearRussia is grateful to Trump for his efforts, Kremlin says By Dmitry Antonov and Steve HollandMOSCOW/WASHINGTON, Dec ...
Reuters
Wed, Dec 3
METALS-Copper hits record high on tighter supply and weaker dollar
By Polina Devitt LONDON, Dec 3 (Reuters) - Copper prices were sent to a record high on Wednesday by a weaker dollar, supply concerns and tighter availability of metal in warehouses registered with the London Metal Exchange.Benchmark LME three-month copper CMCU3 was up 2.9% at $11,465 a metric ton...
Reuters
Wed, Dec 3
AUD/USD hits multi-week high amid RBA’s on-hold bias – BBH
AUD/USD rallied to near 0.6600 as Q3 GDP data, though weaker than expected, confirmed strong private investment and household demand, supporting the RBA’s on-hold stance.
AUD/USD
Fxstreet
Wed, Dec 3
iPhone 17 Will Drive Record Apple Shipments in 2025, IDC Says
Apple will hit a record level of iPhone shipments this year driven by its latest models and a resurgence in its key market of China, research firm IDC has forecast.The company will ship 247.4 million iPhones in 2025, up just over 6% year-on-year, IDC forecast in a report on Tuesday. That’s more than
Apple Inc
Tiger News
Wed, Dec 3
UBS upgrades Stellantis to 'buy' on 'American comeback'
UBS upgrades Stellantis STLAM.MI to "buy" from "neutral", expecting 2026 comeback in North AmericaThe brokerage expects a 3 billion euros ($3.49 billion) increase in adj. operating income from North America next year, thanks to cost cuts and an updated business mix benefiting from le...
Reuters
Wed, Dec 3
AI companies' safety practices fail to meet global standards, study shows
Dec 3 (Reuters) - The safety practices of major artificial intelligence companies, such as Anthropic, OpenAI, xAI and Meta, are "far short of emerging global standards," according to a new edition of Future of Life Institute's AI safety index released on Wednesday.The institute said the ...
Reuters
Wed, Dec 3
SNB expected to avoid negative rates despite inflation downturn
ZURICH, Dec 3 (Reuters) - The Swiss National Bank will stick to its 0% interest policy next week and well into 2026 rather than opting for negative rates, economists said on Wednesday, despite inflation slipping below expectations to the bottom end of the SNB's target range.Swi...
Reuters
Wed, Dec 3
Financials drag UK's FTSE 100 lower; miners gain
Dec 3 (Reuters) - UK's FTSE 100 inched lower on Wednesday as financials stocks declined, offsetting gains in mining and energy shares ahead of the U.S. Federal Reserve's decision on interest rates next week.
Reuters
Wed, Dec 3
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