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JGBs slide on spending and BOJ prospects, short-term yields hit 17-year high
TOKYO, Nov 26 (Reuters) - Japanese government bonds (JGBs) slid on Wednesday, with short-term yields touching 17-year highs, as investors weighed the financial burden of a massive stimulus and chances for a near-term rate hike by the central bank.The benchmark 10-y...
Reuters
Wed, Nov 26
US President Donald Trump could name Kevin Hassett as new Fed Chair
US President Donald Trump is potentially name top economic adviser Kevin Hassett, as successor to Federal Reserve (Fed) Chairman Jerome Powell, Reuters reported on Wednesday.
Fxstreet
Wed, Nov 26
China's CATL breaks ground on huge Spanish battery plant - bringing its own workers
FIGUERUELAS, Spain, Nov 26 (Reuters) - China's CATL will start building Spain's largest battery factory on Wednesday, a 4.1-billion-euro ($4.8 billion) project with Stellantis that highlights Europe's reliance on Chinese technology even as Brussels seeks to tighten trade rules.
Reuters
Wed, Nov 26
Gold climbs to near two-week high on reinforced US rate cut bets
Nov 26 (Reuters) - Gold climbed to a near two-week high on Wednesday, after U.S. economic data bolstered expectations of an interest rate cut by the Federal Reserve in December and weighed on the dollar.
Gold
Reuters
Wed, Nov 26
China buys at least 10 US soybean cargoes in new deals after Trump-Xi call, sources say
BEIJING/SINGAPORE, Nov 26 (Reuters) - China bought at least 10 cargoes of U.S. soybeans worth around $300 million in contracts signed since Tuesday, two traders with knowledge of the deals said, a day after the presidents of both countries spoke on the phone.
Reuters
Wed, Nov 26
WRAPUP 7-Zelenskiy says Ukraine ready to advance peace plan, will discuss disputed points with Trump
Ukraine backs 'essence' of peace deal with Russia but sensitive issues linger, Kyiv official saysTrump says Ukraine deal getting very close: "The deadline for me is when it's over."US, Russian officials meet in Abu Dhabi over latest Ukraine peace planBarrage of Russian missiles a...
Reuters
Wed, Nov 26
China says US initiated 'positive' call between Trump and Xi
BEIJING, Nov 25 (Reuters) - China's foreign ministry said on Tuesday the United States initiated the call between President Donald Trump and Chinese President Xi Jinping.The atmosphere of the call was "positive, friendly and constructive", ministry spokesperson Mao Ning told a press conf...
Reuters
Tue, Nov 25
US set to narrow its rare earth gap, others not so much
PARIS/BEIJING, Nov 25 (Reuters) - A multi-billion dollar pipeline of rare earth projects around the world is set to partly wean the U.S. off Chinese rare earths, but falls far short of breaking Beijing's grip over the sector for most other countries. Chi...
Reuters
Tue, Nov 25
Novo Nordisk's obesity drug shows weight loss of up to 14.5% in mid-stage study
Nov 25 (Reuters) - Novo Nordisk NOVOb.CO said on Tuesday its experimental obesity drug, amycretin, showed statistically significant weight loss of up to 14.5% at 36 weeks in patients with type 2 diabetes in a mid-stage study.
Novo Nordisk A/S
Reuters
Tue, Nov 25
Spotify rises after report on US subscription price hikes
Shares of Swedish streaming giant Spotify SPOT.N climb 4.1% to $609 premarket
Spotify Technology SA
Reuters
Tue, Nov 25
USD/JPY dips as Japan intervention talk grows, US data in focus
USD/JPY trades around 156.50 at the time of writing on Tuesday, down 0.20% on the day, as the Japanese Yen (JPY) fails to attract meaningful buying interest.
USD/JPY
Fxstreet
Tue, Nov 25
SanDisk gains on S&P 500 inclusion
Shares of data storage devices maker SanDisk SNDK.O rise 2.9% to $233.63 premarketCo is set to replace The Interpublic Group of Companies IPG.N in the S&P 500 .SPX effective prior to the opening of trade on Friday, Nov. 2813 brokerages rate SanDisk "buy" or higher, five "hold"; t...
SanDisk Corporation
Reuters
Tue, Nov 25
Alphabet shares rise after report co in talks with Meta to supply AI chips
Shares of Alphabet GOOGL.O rise 3.1% to $328.64 premarket after The Information reports co in talks with Meta Platforms META.O to supply AI chips
Alphabet Inc Class C
Alphabet Inc Class A
Reuters
Tue, Nov 25
US futures ease with investors' focus on data, Alphabet shines
Nov 25 (Reuters) - U.S. stock index futures edged lower on Tuesday, cooling from a tech-fueled rally on Wall Street in the previous session, as investors awaited economic data and earnings that could offer insight into the resilience of the American consumer.
Alphabet Inc Class C
Alphabet Inc Class A
Reuters
Tue, Nov 25
Chinese ETFs and ADRs Jump; Pony AI up 10%; Bilibili up 4%; Nio up 3%; Crypto Stocks Fall; BMNR, SBET down 4%; Strategy, Coinbase down 2%
Chinese ETFs and ADRs jumped in premarket trading on Tuesday.Pony AI rose 10%; Bilibili rose 4%; Hesai and Nio rose 3%; YINN rose 1%.Crypto stocks fell in premarket trading on Tuesday.BMNR, SBET fell 4%; Strategy, MARA, CleanSpark, Coinbase, IREN fell 2%.Symbotic Inc. shares surged 13% in premarket
Bilibili Inc
Coinbase Global Inc
Strategy Inc
NIO Inc
Pony AI Inc
Tiger News
Tue, Nov 25
Alibaba beats quarterly revenue estimates
Nov 25 (Reuters) - Chinese e-commerce giant Alibaba 9988.HK, BABA.N beat analysts' estimates for quarterly revenue on Tuesday, as investments in one-hour delivery helped drive more users to its shopping apps, while its cloud division reported strong growth.U.S.-listed shares of the company rose ...
Alibaba Group Holding Ltd
Reuters
Tue, Nov 25
Yuan hits highest in nearly two weeks on Trump-Xi call, Fed rate cut bets
HONG KONG, Nov 25 (Reuters) - China's yuan rose to a near two-week high against the dollar on Tuesday, as an upbeat call between U.S. President Donald Trump and the Chinese leader Xi Jinping helped ease tensions between the two countries.Growing expectations of a Federal Reserve...
USD/CNH
Reuters
Tue, Nov 25
US President Donald Trump speaks with Chinese President Xi Jinping
Chinese President Xi Jinping spoke on the phone with US President Donald Trump, Chinese state news agency Xinhua reported on Monday. A surprise phone call came weeks after two leaders met in South Korea in late October.
Fxstreet
Tue, Nov 25
Japan's 40-year bonds rally before auction; 5-year yields at 17-year high
TOKYO, Nov 25 (Reuters) - Japan's longest-dated government bonds rallied on Tuesday ahead of a sale of securities whose yields recently hit record highs, while shorter-term papers fell on expectations the Bank of Japan may be closer to raising its policy rate.T...
Reuters
Tue, Nov 25
South Korea, Taiwan stocks lift emerging markets on Fed rate outlook
Nov 25 (Reuters) - Most emerging market equities advanced on Tuesday, led by South Korea and Taiwan stocks, as several U.S. Federal Reserve officials signalled support for a potential interest rate cut in December, raising market bets of upcoming monetary easing.
Reuters
Tue, Nov 25
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