investingLive Asia-Pacific FX news wrap: Oil, gold, silver and yen all higher. BTC lower. Financial market news for Asian trading on Monday, December 1, 2025
Bitcoin dumps below $87.5K as Japan yields surge! ETH liquidates $140M longs. Traders eye BOJ policy.
China's PMI hits 49.9, contracting manufacturing despite export gains. Domestic demand woes & housing market distress loom.
Cyber Monday travel deals take flight! Up to 72% off luggage & flights. Traders eye sector valuations.
Bundesbank President Nagel said ECB rates are “broadly neutral” with the deposit rate at 2%, as stable inflation forecasts suggest policy is well-positioned. Updated projections, including 2028, will guide the Governing Council’s December decision.
BTC, ETH dump 3-5% on DeFi exploit fears. $400M+ leveraged longs liquidated. November losses mount for crypto.
Barclays says a 25bp Fed rate cut in December is “more than likely,” with markets pricing odds above 80%. Powell and several policymakers are expected to back the move, though hawkish dissents from Schmid, Musalem and possibly others are likely.
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