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Morgan Stanley raised its Brent crude forecast to $60 a barrel for early 2026 after OPEC+ paused production hikes, saying actual output growth has been far below targets, easing supply glut fears.
AI stocks like NVDA & PLTR tumble 8%+ on valuation fears. Burry bets against AI titans; traders eye potential 10-20% market drawdowns.
Toyota, Honda, and Suzuki are investing billions to expand production in India, shifting from China as costs rise and competition intensifies. India’s low costs, incentives, and barriers to Chinese EVs make it a key new hub for Japanese automakers.
PBOC sets USD/ CNY reference rate for today at 7.0865 (vs. estimate at 7.1222) PBOC CNY reference rate setting for the trading session ahead.
Japan junior govmnt partner says early BoJ rate hike would send wrong signal to businesses Japan Innovation Party co-leader Fujita urged caution against an early BoJ rate hike,
Bitcoin dumps below $100K, $45B dumped by HODLers. Bear market fears rise, traders brace for more pain.
Wall Street Journal: "Trump Expresses Reservations Over Strikes in Venezuela to Top Aides". Trump fearing strikes might fail to force Maduro out, U.S. officials say.
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