German GfK consumer sentiment edges down to -30.8 in November
Germany's GfK consumer climate index came in at -30.8 for November, slightly better than the -30.9 expected but below October's -30.6, pointing to continued weak household confidence.
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BNP Paribas lifts Q3 net income 14% to €3.46bn, unveils €1.3bn buyback
BNP Paribas reported third-quarter net income of €3.46 billion, 14% higher than a year earlier and ahead of the €3.23 billion analyst consensus, alongside a fresh €1.3 billion share buyback plan.
Fitch lifts credit-worthiness scores for China’s ‘Big Six’ lenders
Fitch Ratings raised its internal strength assessment for China's six largest state-owned banks, pointing to stronger oversight, tighter lending standards and shrinking shadow-credit exposure.
Brent crude steadies near $114 awaiting signal on Iran stance
Brent crude is holding around $114 per barrel as markets look for direction on President Trump's upcoming approach toward Iran, according to ING's Warren Patterson and Ewa Manthey.
Pound falls to 1.3290 as traders await Healey budget and Fed decision
GBP/USD slipped for a fourth straight session to around 1.3290 as markets braced for UK Finance Minister John Healey's first budget and the US Federal Reserve's rate decision, both due later Wednesday.
Gold claws back above $4,050 as oil eases, Fed decision looms
Gold rebounded above $4,050 after briefly dipping under $4,000, helped by softer oil prices, even as the US dollar and Treasury yields firmed. OCBC strategists say the metal's next move hinges on the Fed and Thursday's core PCE data.
Dollar index climbs near 102.40 as Fed decision looms
The US Dollar Index edged up toward 102.40 on Wednesday, close to a two-week high, as traders awaited the Federal Reserve's rate decision later in the day.
Crude pushes past $100.50 as Houthi strike hits Saudi refinery
WTI crude rose toward $100.75 on Wednesday after Yemen's Houthi forces claimed a missile attack on Saudi Arabia's Ras Tanura refinery, rekindling worries about oil supply disruption.
US civilian sector makes only 300 tonnes of rare earth magnets versus 48,000-tonne demand
American industry consumed roughly 48,000 tonnes of rare earth permanent magnets in 2025 while domestic producers turned out only about 300 tonnes, leaving US manufacturers dependent on supply from China.
Russian crude exports seen falling up to 200,000 bpd in November
Traders expect Russia's western port crude shipments to drop 100,000-200,000 barrels per day in November as refiners shift toward diesel output under a new US-Russia fuel arrangement.