The Hang Seng Index is set to extend its two-day slide on Friday, pressured by surging bond yields, elevated oil prices, and lingering uncertainty over Middle East peace negotiations.
US stock indexes closed mostly modestly lower on Thursday as a spike in oil prices sent global bond yields to multi-decade highs, while hawkish Fed commentary and a strong jobs report reinforced the case for further rate increases.
Treasury Secretary Scott Bessent confirmed a two-month extension of the U.S.-China trade truce, keeping reduced tariffs and rare-earth supply flows in place, as President Xi Jinping began a state visit in Washington.
US Treasury Secretary Scott Bessent has confirmed that the existing trade truce between the United States and China has been extended, with the new deadline set at January 10.
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Oil prices dipped during early Asian trading hours amid contradictory reports about whether Tehran has floated a conditional plan to reopen the Strait of Hormuz, a key global energy chokepoint.
A senior figure at the Reserve Bank of Australia has voiced backing for additional interest rate increases, warning that inflationary pressures risk becoming entrenched in the economy.
The euro steadied just above the 1.1450 level, caught between uncertainty surrounding German politics and a Federal Reserve signaling a more restrictive monetary path.
The Singapore benchmark index is expected to trade in a narrow band around 5,655 on Monday after a mild Friday dip, as mixed signals from U.S. equities, falling oil prices, and rising treasury yields leave Asian markets without a clear directional cue.
Crude oil prices slid to the vicinity of $89 per barrel as global markets assessed the economic and geopolitical signals embedded in President Trump's address to the United Nations.
XAG/USD continues to consolidate its recent uptrend around the mid-$66 range, with market participants keeping a close eye on the 23.6% Fibonacci retracement level as a critical pivot for the metal's near-term direction.
After two straight sessions of losses, the Kuala Lumpur Composite Index hovers just above 1,620 points heading into Monday, with traders weighing a strong U.S. equity rally, a Fed rate cut, and softening oil prices driven by weaker Chinese import data.
After a five-session rally that added nearly 950 points to the TSE, traders are expected to lock in gains on Tuesday as global equities brace for the FOMC meeting and Taiwan releases November trade data.
The CFTC has asked a federal court to throw out CME Group's lawsuit, arguing the exchange cannot demonstrate any actual financial harm and that any registered venue is free to list perpetual futures on digital assets.
Crude rose in early Asian trading after reports of no progress in U.S. and Iran talks aimed at reopening the Strait of Hormuz, a crucial oil shipping lane.
UK betting exchange Smarkets is simultaneously seeking a CFTC license and state sportsbook permits in the U.S., citing legal uncertainty over federal preemption and the growing role of sports contracts in its trading volume.
Treasury Secretary Scott Bessent confirmed a two-month extension of the U.S.-China trade truce, keeping reduced tariffs and rare-earth supply flows in place, as President Xi Jinping began a state visit in Washington.
US Treasury Secretary Scott Bessent has confirmed that the existing trade truce between the United States and China has been extended, with the new deadline set at January 10.
Oil prices dipped during early Asian trading hours amid contradictory reports about whether Tehran has floated a conditional plan to reopen the Strait of Hormuz, a key global energy chokepoint.
Asset manager VanEck has issued its lowest rating for Metaplanet's compensation structure, arguing that even a 41% reduction in the company's share pool leaves management's equity exposure far above the digital asset treasury sector average.
The new ASSX fund delivers twice the daily return of Strive shares, offering crypto traders a leveraged alternative to direct Bitcoin exposure through a publicly listed treasury company.
The digital asset sector's inability to seize a defining moment in mainstream finance has ignited a wave of finger-pointing, with Coinbase CEO Brian Armstrong at the heart of the controversy.
Stock
The Hang Seng Index is set to extend its two-day slide on Friday, pressured by surging bond yields, elevated oil prices, and lingering uncertainty over Middle East peace negotiations.
Stock
US stock indexes closed mostly modestly lower on Thursday as a spike in oil prices sent global bond yields to multi-decade highs, while hawkish Fed commentary and a strong jobs report reinforced the case for further rate increases.
Stock
After two straight sessions of losses, the Kuala Lumpur Composite Index hovers just above 1,620 points heading into Monday, with traders weighing a strong U.S. equity rally, a Fed rate cut, and softening oil prices driven by weaker Chinese import data.
Stock
The Singapore benchmark index is expected to trade in a narrow band around 5,655 on Monday after a mild Friday dip, as mixed signals from U.S. equities, falling oil prices, and rising treasury yields leave Asian markets without a clear directional cue.
Indicative FX reference rates against the US dollar. · Updated 25 Sept, 00:02 UTC
