News
Important Only
JPY underperforms ahead of BOJ hike – BBH
The Japanese Yen (JPY) is lagging as markets price in a 25bps BOJ hike on December 19, with Governor Ueda signaling moderate inflation risk but persistent upward wage pressures; USD/JPY may slide toward 140 following US-Japan yield differentials, BBH FX analysts report.
Fxstreet
Tue, Dec 9
US to allow Nvidia H200 chip shipments to China, Trump says
Nvidia shares rise 2% in after-hours trading after Trump's announcementUS has concerns over AI chips aiding China's militaryTrump says same approach will apply to AMD, Intel By Stephen Nellis, Karen Freifeld and Michael Martina WASHINGTON, Dec 8 (Reuters) - The United States will allow Nv...Reuters
Tue, Dec 9
Australia's central bank flags rate hike risk as it ends brief easing cycle
RBA leaves cash rate at 3.60%, says inflation risks tilt upwardDomestic demand stronger than expected, adding to capacity pressuresBullock rules out cuts, future decision between long hold or hikeBy Stella Qiu and Wayne ColeSYDNEY, Dec 9 (Reuters) - Australia's central bank on Tuesday ruled out ...Reuters
Tue, Dec 9
Japan’s Takaichi says will take appropriate actions on FX if necessary
Japanese Prime Minister Sanae Takaichi said on Tuesday that she will make appropriate economic and fiscal decisions at appropriate timing. Takaichi further stated that she will take into account interest rates, foreign exchange and prices.Fxstreet
Tue, Dec 9
US Justice Department accuses two Chinese men of trying to smuggle Nvidia chips
Prosecutors say Nvidia chips were obtained through straw purchasers and intermediariesProsecutor says "sophisticated smuggling network" threatened US security Scheme is said to have operated since at least November 2023By Jasper Ward WASHINGTON, Dec 8 (Reuters) - Two Chinese men are in cu...
Reuters
Tue, Dec 9
Japan's long-term bond yields hit record high on fiscal concerns, BOJ hike bets
TOKYO, Dec 9 (Reuters) - Yields on 20-year Japanese government bonds rose to a record high on Tuesday with investors remaining concerned about the new government's fiscal policy, while also girding for higher Bank of Japan policy rates. The five-year JGB y...Reuters
Tue, Dec 9
Aware Super CIO warns of 'orange' lights in AI financing as valuations soar
The chief investment officer of Australian pension fund Aware Super says there are flashing "orange" lights in some funding arrangements in the global artificial intelligence industry but earnings growth is backing up the sector's current valuations.Reuters
Tue, Dec 9
Soybeans dip below $11 on doubts about demand for US exports
U.S. soybean futures fell below $11 a bushel on Monday for the first time since October on uncertainty over whether China will buy as much U.S. supply as Washington expects and as South American crop weather favored large soy harvests that could begin in Brazil in about a month, analysts said.Reuters
Tue, Dec 9
Gold Price Forecast: XAU/USD edges lower below $4,200 amid worries about hawkish Fed rate cut
Gold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve (Fed) will adopt a hawkish tone in its rhetoric, despite delivering a rate cut on Wednesday.
Fxstreet
Tue, Dec 9
Memecoins Price Prediction: Dogecoin, Shiba Inu test key resistance levels ahead of FOMC meeting
Memecoins Dogecoin (DOGE) and Shiba Inu (SHIB) are testing key resistance levels ahead of the Federal Open Market Committee (FOMC) interest rate decision on Wednesday. With market participants expecting a 25-basis-point rate cut, both memecoins could face pressure near key levels.
Fxstreet
Tue, Dec 9
Warner Bros fight heats up with $108 billion hostile bid from Paramount
Paramount Skydance PSKY.O on Monday launched a hostile bid worth $108.4 billion for Warner Bros Discovery WBD.O, in a last-ditch effort to outbid Netflix and create a media powerhouse that would challenge the dominance of the streaming giant.Reuters
Tue, Dec 9
Oil falls 2% as Iraqi oilfield production restored, Ukraine talks continue
Iraq restores production at West Qurna 2 oilfieldProgress on Ukraine peace talks remains slow84% chance of a quarter-point Fed cut, LSEG data showsG7, EU mull Russian oil maritime services ban, sources sayBy Georgina McCartney HOUSTON, Dec 8 (Reuters) - Oil prices slipped 2% on Monday after Iraq ...Reuters
Mon, Dec 8
Meta pledge to use less personal data for ads gets EU nod, avoids daily fines
By Foo Yun Chee and Louise Rasmussen BRUSSELS, Dec 8 (Reuters) - Meta's META.O proposal to use less personal data for targeted advertising in its pay-or-consent model that will be rolled out next month won the approval of EU antitrust regulators on Monday, signaling the company will not face...Reuters
Mon, Dec 8
German foreign minister in China urges end to supply chain uncertainty
Minister had postponed trip from October due to tensionsBerlin toughens stance on Beijing in line with EUVisit to pave way for chancellor next yearBy Alexander Ratz BEIJING, Dec 8 (Reuters) - German Foreign Minister Johann Wadephul appealed on Monday for an end to the uncertainty that has hit...Reuters
Mon, Dec 8
WRAPUP 4-China trade surplus tops $1 trillion for first time on non-US growth
China's trade surplus tops $1 trillion in first 11 months of 2025November exports top expectations as non-US shipments lead amid high US tariffsImports underperform, pointing to still-subdued domestic demandPMI surveys suggest exporters face challenging 2026 By Joe Cash BEIJING, Dec 8 (Re...Reuters
Mon, Dec 8
USD/JPY rises to 155.45 amid BOJ rate hike bets – BBH
USD/JPY climbs as markets price in a 25bps Bank of Japan (BOJ) hike on December 19, supported by fiscal stimulus and upside risks to Japanese wage growth, though fair value suggests a longer-term move toward 140, BBH FX analysts report.Fxstreet
Mon, Dec 8
