sian stocks lost momentum after a seven-day winning run, with Tuesday marking the end of the trading year for several of the region’s markets. Silver and gold regained their footing after a plunge from fresh all-time highs. MSCI Inc.’s gauge of Asia Pacific shares was down 0.1% after capping its longest streak of gains since September on Monday. Futures on the S&P 500 Index were steady after the US benchmark fell 0.3% Monday and the Nasdaq 100 slid 0.5%. A gauge of global equities declined for the first time in eight sessions on Monday while still staying on course for its best year since 2019. Tuesday marks the last trading session of the year for several equity markets, including Japan, South Korea and Thailand. Precious metals continued to be a focus for investors, with trading having turned volatile ahead of year-end following their relentless rally in 2025. Silver rebounded more than 3% on Tuesday after tumbling 9% in the previous session. The selloff in the white metal had followed a historic surge powered by speculative trades and fears of a supply shortage. Gold was up 0.7% after losing more than 4% on Monday. Elsewhere in metals, copper headed for the longest winning run since 2017 in a December rally boosted by the prospect of more stress in the supply chain. Meanwhile, some of Asia’s strongest currency trends are starting to unravel as the year winds down, with the South Korean won and the Thai baht leading the reversals. The won, which was approaching a threshold last breached during the global financial crisis, has bounced back since the middle of last week as authorities signaled their support for the currency. On the other end of the spectrum, the baht, this year’s second-best performing Asian currency, is ceding ground on fears the central bank may push back against the rally, which threatens the nation’s exports. Global equities remained on track for a third straight annual gain following this year’s strong rally in shares linked to the artificial intelligence theme. The MSCI All Country World Index has climbed 21% in 2025. As for Asia, the regional benchmark has jumped more than 25%, with South Korea’s Kospi being the region’s top performer with a 76% surge. While the S&P 500’s 17% advance means it has underperformed many global peers in 2025, an optimistic consensus is taking hold that US stocks will continue rallying in 2026. Despite a raft of risks spanning a potential bust in the AI advance to unanticipated policy shocks, sell-side strategists are forecasting another 9% average gain in the S&P 500 next year. Meantime, President Donald Trump teased that he has a preferred candidate to be the next chair of the Federal Reserve, but is in no hurry to make an announcement — while also musing that he might fire the central bank’s current leader, Jerome Powell. Investors were also assessing the outlook for US interest rates and monetary policy. Wall Street rate strategists — with several notable exceptions — expect stable-to-higher Treasury yields in 2026 despite Fed cuts. The Fed is due to release minutes of its December meeting later on Tuesday. The yield on 10-year Treasuries was steady after slipping about two basis points to 4.11% in the previous session. Elsewhere in markets, Bitcoin fluctuated. The cryptocurrency topped $90,000 in the last session before erasing its gain. A gauge of the dollar was steady. US After Hours RPRX +1.5% after acquiring remaining royalty interest in Evrysdi; APLD -0.4% on proposed business combination with EKSO.
Nikkei -0.37% Hang Seng +1.05% CSI +0.25% Shanghai +0.04% Shenzen +0.17%
Eur$ 1.1777 CNH 6.9975 CNY 7.0014 JPY 156.11 GBP 1.3510 CHF 0.7883 RUB 78.2882 TRY 42.9486 WTI$ 58.08 -- Gold 4,3645 +0.75% BTC 87,236 +0.03% ETH 2,947 +0.45% SOL 123.92 +0.42%
S&P -0.03% Nasdaq -0.04% EuroStoxx -0.12% FTSE +0.08% Dax -0.07% SMI +0.13%
Macro :
- Saudi Urges UAE to Withdraw Forces From Yemen Within 24 Hours
- Japan, EU Mull Joint Defense Equipment Development: Nikkei
- Japan, EU Mull Joint Defense Equipment Development: Nikkei
- Silver Plunge Cuts Metals Wagers Ahead of Year End
Keep an eye on :
Keep an eye on :
- AERO SW : Montana Aerospace Names Kai Arndt as CEO, Patrick Maurer as CFO
- AIR FP : Airbus Cranks Out Aircraft at Rapid Pace to Meet Delivery Goal
- MT NA : Flacks Proposal for ex-Ilva Steelworks Favored: Sole 24 Ore
- BA US : Boeing Wins $8.58 Billion U.S. Air Force Contract>
- BA US : Boeing $1.8b Arms Sale to Denmark Receives Possible US Approval
- C US : Citi to Take $1.1 Billion Loss on Russian Business Unit Sale
- EWI LN : Saba Capital Urges EWI Holders to Elect New Board
- GOOGL US : The Long Game Behind Waymo’s Potential $100 Billion Valuation - The Information
- LULU US : Lululemon Board to Evaluate Founder Wilson’s Director Nominees
- MC FP : Louis Vuitton Is Stoking Monogram Mania - WWD
- META US : Meta Buys AI Startup Manus, Adding Millions of Paying Users - WSJ
- META US : Meta Buys AI Startup Manus, Adding Millions of Paying Users - WSJ
- MUX GY : Mutares to Sell Portfolio Company Conexus to Maximum Return System Group Unit
- 9992 HK : Pop Mart pushes global expansion amid concerns of ‘peak Labubu’ - FT --> -6%
- PAH3 GY : Porsche’s Bugatti Stake Eyed by Sawiris Scion, BlueFive Capital
- ROG SW : Royalty Pharma Buys Remaining Royalty in Roche’s Evrysdi
- RPRX US : Royalty Pharma Buys Remaining Royalty in Roche’s Evrysdi
- TSLA US : Tesla (TSLA) does something unsual ahead of Q4 delivery results - Elctrek
- TSLA US : Tesla’s 4680 battery supply chain collapses as partner writes down deal by 99% - Electrek
- WBD IM : Webuild Wins Contract Worth €660m for Naples Metro