Our currency has gone west and stagflation will soon be upon us

Trump's crypto venture plunges 50% in minutes! Lock-up expiry sparks a brutal sell-off. Traders eye the fallout.

Africa eyes $41B upstream investment by 2026 via reforms; Nigeria auctions 50 blocks, seeking $10B.

Australian October trade balance a surplus of 4385mn (expected 4219mn) Australian exports and import's both higher in October 2025. Non monetary gold imports jumped.

Australian Household Spending in October 2025 +1.3% m/m (expected +0.6%, prior +0.3%). That jump for household spending is another reason not to expect any Reserve Bank of Australia interest rate cuts any time soon.

PBOC is expected to set the USD/CNY reference rate at 7.0554 – Reuters estimate PBOC CNY reference rate setting for the trading session ahead.

Tesla’s UK registrations fell 19% YoY in November to 3,784 units, while BYD more than tripled sales, New AutoMotive data shows. The EV maker continues to lose share to cheaper Chinese models as overall UK new-car sales fell 6.3%.

Oil traders note: Maduro confirms phone contact with Trump, hint of diplomatic thaw. Any thaw in U.S.–Venezuela ties could raise expectations of future supply relief, marginally capping upside risks for crude.