ASIA/PACIFIC
-The Australian stock market closed in the green on Wednesday, powered by the real estate and consumer sectors.
-Asian markets were mixed as China’s industrial profits dropped by 10% in October from a year ago and Australia’s monthly CPI inflation steadied at 2.1% y-o-y in October vs. 2.3% expected.
-Adani group stocks rebounded on Wednesday, gaining up to 16% post clarification issued by Adani Green Energy regarding bribery charges against Gautam Adani and others.
. EUROPE
-European stock markets opened flat to lower amid tariff fears and geopolitical events.
-Consumer confidence in Germany is projected to decline in December, from November’s negative 18.4 to negative 23.3 points, missing expectations, according to a report released by GfK and the Nuremberg Institute for Market Decisions.
-FTSE 100 tax contribution hits £90bn amid warnings against further hikes, City AM reported.
. AMERICAS
North America
-U.S. stocks slipped the day before Thanksgiving as Nvidia and Dell declined.
Latin America
-Mexico warns Trump tariffs will spark inflation, kill jobs: The Mexican leader calls for dialog while warning of retaliatory tariffs, after US President-elect threatens to slap 25% levy on imports from neighboring countries
-The Brazilian stock market has witnessed a remarkable phenomenon in 2024: Ten companies listed on the Ibovespa index have distributed record-breaking dividends between January and September, The Rio Times reported.
. AFRICA
-The subscription period for investors in Egypt’s United Bank’s initial public offering (IPO) begins on (Nov. 27), and will remain open until Dec. 3.
-Cental Bank of Nigeria’s rate hike, Trump’s tariffs unchanged Naira’s fortune in the black market, Nairametrics reported.
-Zimbabwe charts ambitious return to global finance at debt conference, The Zimbabwean reported.
. MIDDLE EAST
-Most stock markets in the Gulf ended higher following Israel’s agreement to a ceasefire deal with Lebanon’s Hezbollah group under a deal brokered by the U.S. and France.
-Lebanon’s deeply distressed sovereign dollar bonds hit a fresh two-year high on Tuesday amid hopes geopolitical risks are abating.
-Delivery Hero has increased the size of Talabat’s Dubai IPO to 20%, up from 15%, raising up to AED 7.5 billion ($2 billion).
. COMMODITIES
GOLD
Spot gold was steady at $2,635.56 per ounce, as of 0222 GMT, moving largely within a slim $9 range during the session while U.S. gold futures rose 0.6% to $2,635.80.
SILVER-PLATINUM-PALLADIUM
Spot silver edged 0.1% lower to $30.39 per ounce, platinum was flat at $927.45 and palladium was down by 0.4% to $973.50.
OIL
Brent crude futures fell 2 cents to $72.79 a barrel by 0114 GMT, while U.S. West Texas Intermediate crude
futures were at $68.73 a barrel, down 4 cents, or 0.1%.
