US effective tariff rate hits 17% in Nov, 7x Jan avg. Trade deficit narrows, but revenue impact debated.
Tariff wars surge: US slaps 145% on China, 50% on Brazil/India. Market whipsawed by erratic duties & rising prices.
Japan eyes 1st primary surplus in 28 yrs! Budget hits ¥122.3T, yields climb to 2.1%. Fiscal discipline vs. growth.
Copper hits record highs on supply fears & weak dollar. Up 42% in NY, traders eye 2026 tariffs.
US strikes ISIS in Nigeria; oil steady, Nigerian bonds saw prior dips on Trump's threats.
Fed rate cuts push savings rates below 4% APY, but online banks still offer 10x national avg. 0.39%.
Mortgage rates hold steady: 30-yr fixed at 6.18%, 15-yr at 5.50%. Refi rates slightly higher. Watch for lender sales!
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