Trump Prime-Time Address Insists Economy is Strong; First Female BP CEO

Market Trends & Global Economy - Asian stocks are under pressure due to concerns over tech valuations, with MSCI Asia down approximately 4% [1] - U S inflation data is a key focus, with potential to stabilize markets if goods inflation peak is confirmed, possibly leading to more Fed cuts in 2026 [2] - The Bank of England (BOE) is expected to cut rates by 25 basis points, influencing UK stock gains and pound valuation [1] - The European Central Bank (ECB) is expected to hold rates, with focus on managing market expectations regarding future hikes amidst inflation below 2% [2] - European Union leaders are seeking to finalize a deal on unlocking frozen Russian assets to aid Ukraine, facing resistance and potential severe consequences for EU's global influence if unsuccessful [4][6] Company News & Financial Performance - BP appointed Meg O'Neill, Woodside's CEO, as its first female CEO, signaling a potential return to focus on natural gas and oil [1][2] - Oracle's stock moved due to news of Blue Owl Capital not being involved in data center funding, raising concerns about financing for AI infrastructure buildout [1][2] - Cybersecurity firm Exein raised 100 million euros in new funding, aiming for M&A expansion and targeting consumer cybersecurity [11][12] - Robinhood is expanding into prediction markets, noting systematic trading strategies and potential for institutional adoption [4] Monetary Policy & Interest Rates - The market is pricing in a BOE rate cut, with attention on the voting margin and potential for dovish signals [2] - The U K gilt market shows a divergence from European counterparts, with potential for further gains [5] - Germany's funding outlook, with an expected 140 billion dollars of net supply next year, is likely to drive Euro rates higher in 2026 [5] Geopolitical & Security Risks - The U S approved an 11 billion dollars arms sales package to Taiwan, likely to provoke a response from Beijing [4] - Cybersecurity risks are increasing due to geopolitical conditions, with potential for attacks causing physical damage to systems [15]