Daily Market Insight

• Trump says he is leaning toward Warsh or Hassett to lead the Fed • Fed officials show diverging views on 2026 economic risks • UK GDP unexpectedly contracts in October • Thai PM says no Cambodian ceasefire • Dollar takes breather after Fed

• US initial jobless claims rise, exceeding forecasted figures • China signals limited stimulus in 2026 after easing trade pressures • Philippines cuts rates, signals easing cycle nearing end • Thailand set for early election as prime minister dissolves parliament • Dollar extends its decline after the Fed’s rate cuts

• The Fed cut rates with three dissents, signaling one cut in 2026 • US job openings rise slightly after surging in September • China CPI inflation rises in November, PPI falls further • Dollar tumbles following Fed rate cut and Powell’s comments

• NY Fed survey shows stable inflation expectations • ECB’s Schnabel signals next rate move may be a hike, not a cut • German industrial production rises, boosting rebound hopes • China November trade surplus tops forecast on export surge • China Politburo focuses on strengthening domestic demand in 2026 • Dollar edges up amid anticipation of FOMC decision

• Core PCE holds steady, meets expectations • Michigan consumer sentiment index sees an uptick, surpassing forecasts • Euro Zone Q3 growth revised higher, driven by domestic demand • Japan revises Q3 GDP lower, reinforcing need for stimulus • Dollar index flats; PCE report unlikely to sway Fed

• US ADP payrolls fall in November, boosting Fed cut prospects • ISM Services PMI rises modestly, exceeds expectations • China services PMI slows, signaling economic fragility • Thai inflation records eighth straight monthly decline in November • Dollar slips on dovish Fed Chair prospects and mixed US data

• Trump eyes early-2026 Fed Chair pick, floats Hassett • Euro-Zone inflation ticks up, supporting ECB hold • OECD says global economy resilient to tariffs • Thailand tourist arrivals down 7.25% in Jan–Nov 2025 • Dollar mostly steady in quiet market

• US ISM manufacturing slump deepens in November • BOJ’s Ueda signals possibility of December rate hike • China’s private manufacturing PMI returns to contraction in November • Thai central bank proposes measures to curb baht strength • Dollar flat as yen gains counter losses in other G10 currencies

• CME trading halt hits markets worldwide • Trump proposes eliminating income tax • German inflation surges to nine-month peak, ECB watches closely • China’s manufacturing PMI improves but remains in contraction • Dollar stays lacklustre amid the quiet holiday

• ECB minutes signal cautious pause as members await fresh data • Euro zone economic sentiment edges up in November • Tokyo inflation exceeds forecast, BOJ rate hike on track • BOJ Dove avoids giving clear hint on timing of rate-hike move • Dollar stays lacklustre as Thanksgiving holiday curbs activity