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Oil falls on drawn-out Ukraine peace talks, all eyes on upcoming OPEC+ meeting
CME system resumes trading after outageBrent, WTI in longest monthly losing streaks since 2023US crude production hit monthly high in September, EIA says By Georgina McCartney HOUSTON, Nov 28 (Reuters) - Crude futures fell marginally on Friday as investors considered oil's geopolitical risk p...Reuters
Fri, Nov 28
Hong Kong tower fire toll rises to 128, more arrests made
Task force set up to investigate possible corruption on renovationsHong Kong security chief says fire alarms were not working properlyDomestic helpers from Philippines, Indonesia among the dead and missingVolunteers mobilise to support victimsBy Joyce Zhou and Jessie Pang HONG KONG, Nov 28 (Reute...Reuters
Fri, Nov 28
Trump vows to freeze migration from ‘Third World Countries’ after D.C. attack
Trump to end federal benefits for non-citizensTrump plans to denaturalize migrants undermining domestic tranquilityAfghan immigrant involved in National Guard attack entered US under Biden programTrump calls for reverse migration to reduce illegal populationBy Shivani Tanna and Rishabh Jaiswal No...Reuters
Fri, Nov 28
Hassett at the Fed helm could pressure the dollar, investors say
NEW YORK, Nov 26 (Reuters) - Beneath the U.S. bond markets' composure around the prospect of White House economic adviser Kevin Hassett becoming the next Federal Reserve chair lies a niggling worry that his bias for interest rate cuts will undermine the dollar.Reuters
Fri, Nov 28
CME Group dips after outage halts global trading
CME Group CME.O shares fall 0.7% to $279 in premarket trading after an outage disrupted operationsThe outage halted trade on CME's popular EBS currency platform and futures spanning foreign exchange, commodities, Treasuries, and stocks, freezing key benchmarks as brokers pulled productsCME blame...Reuters
Fri, Nov 28
European shares set for monthly gains, helped by Fed rate cut bets
Nov 28 (Reuters) - European shares inched higher on Friday, poised for their fifth consecutive month of gains, as rising bets of a U.S. interest rate cut lifted the index.The pan-European STOXX 600 .STOXX was up 0.1% at 575.28 points by 0802 GMT, on track for its best weekly showing since early OctoReuters
Fri, Nov 28
CORRECTED-FOREX-Dollar on track for worst week in four months as case for Fed cut builds
Traders ramp up bets Fed will cut rates on Dec 10US closed for Thanksgiving holidayJapanese economic data strengthen case for BOJ hikeSterling rallies after budget meets with market approvalBy Gregor Stuart Hunter SINGAPORE, Nov 28 (Reuters) - The U.S. dollar was heading for its worst weekly perf...Reuters
Fri, Nov 28
S&P downgrades China Vanke, says its financial commitments unsustainable
Vanke's woes spark concerns China's property sector may fall back into crisisMedia report suggested Vanke's state-backing is not as strong as once thoughtVanke bonds hit record lows on Friday SHANGHAI/HONG KONG, Nov 28 (Reuters) - Ratings agency S&P Global downgraded China Vanke 0...Reuters
Fri, Nov 28
Japan finalises $117 billion extra budget to fund stimulus, mostly via debt
Japan cabinet approves 18.3 trillion yen extra budgetTax revenue likely to surpass 80 trillion yen for the first timeExtra budget will be covered by 11.7 trln yen of new debt issuanceBy Makiko Yamazaki TOKYO, Nov 28 (Reuters) - Japanese Prime Minister Sanae Takaichi's government on Friday fin...Reuters
Fri, Nov 28
Gold set for fourth monthly gain as markets wager on US rate cut
CME trading halted affecting FX, commodities, equities futures85% chance of a rate cut in December - CME FedWatch ToolUS dollar heads for worst week since late July All metals headed for weekly and monthly gainsBy Ishaan Arora Nov 28 (Reuters) - Spot gold prices climbed on Friday and were poised
Reuters
Fri, Nov 28
Goldman Sachs Raises Broadcom's Price Target Amid AI Growth Optimism
Broadcom's stock has surged over 66% year-to-date, nearing a remarkable $2 trillion market valuation — a testament to its resilient momentum in the market.Yet, such success comes with heightened scrutiny. Goldman Sachs analyst James Schneider has raised his price target for Broadcom’s stock, reaffir
Tiger News
Fri, Nov 28
Germany set to approve $3.36 billion in arms in defence surge, Bloomberg News reports
Nov 28 (Reuters) - Germany lawmakers are set to approve spending 2.9 billion euros ($3.4 billion) on 11 military procurement contracts, including for drones, rifles and missiles, in deals that will largely go to domestic manufacturers, Bloomberg News reported on Friday.Reuters could not immediatelyReuters
Fri, Nov 28
CORRECTED-EXCLUSIVE-Huawei, ZTE seal 5G deals in Vietnam after US tariffs, as ties with China warm
Vietnam embraces Chinese tech amid strained US relationsZTE, Huawei win major contracts as Vietnam shifts approachWestern officials cast doubts on tech cooperation with Hanoi, sources sayBy Francesco Guarascio HANOI, Nov 28 (Reuters) - China's leading telecommunication firms Huawei and ZTE 00...Reuters
Fri, Nov 28
JPMorgan Private Bank’s Bull Case Has S&P 500 Up 20% by 2027
The 4% rally in US stocks over the past four days has quieted bears warning a full blown correction was in the offing — and now equity bulls are strutting again.JPMorgan Chase & Co.’s private bank says the S&P 500 Index is poised to continue its multiyear streak of robust returns in 2026. It’s up 16Tiger News
Fri, Nov 28
Bitcoin At A Thrilling Crossroads: Breakout Or Breakdown Ahead?
As the market matures and the broader economic landscape shifts, Bitcoin has once again found itself at a thrilling crossroads, with the entire crypto market watching closely as momentum builds on both sides of the chart.NewsBTC
Fri, Nov 28
Brent little changed as investors zoom in on Russia-Ukraine talks, OPEC+
Brent crude oil futures were little changed on Friday as investors eyed the progress of the Russia-Ukraine peace talks and the outcome of the OPEC+ meeting on Sunday for clues on potential changes in supply which has been weighing on prices.Reuters
Fri, Nov 28
