Global Markets Rally on Nvidia’s Strong Earnings, China’s Rates Steady Amid SWIFT Payment Dip
Key TakeawaysNvidia's (NVDA) robust earnings report and optimistic forecast have fueled a global tech rally, propelling Asian markets, including the Nikkei, to significant gains and extending rallies in U.S. futures.China maintained its benchmark Loan Prime Rates (LPR) in November, with the 1-Year LPR at 3.00% and the 5-Year LPR at 3.50%, aligning with market expectations.Despite stable domestic rates, the Chinese Yuan's share of global SWIFT payments saw a decline in October, dropping to 2.47% from 3.17% p ...