📊 INSIGHT: Kalshi users are predicting there's an 83% chance the Fed decides to cut rates by 25bps in December. https://t.co/AhjniHkJ9z ...

Core Insights - Australian home prices increased by 1% in November, reaching a median value of A$888,941 ($581,990), with a year-to-date rise of 7.5% [2] - The growth in home prices was primarily driven by smaller state capitals, while Sydney and Melbourne experienced slower gains [2][4] - The Reserve Bank of Australia's interest rate cuts have been limited by rising inflation, affecting housing market sentiment [3][4] Price Trends - Home prices in Perth surged by 2.4% in November, and Adelaide saw a 1.9% increase, contrasting with Sydney's 0.5% and Melbourne's 0.3% growth [2] - The 1% rise in house prices marks the third consecutive month of strong gains, raising concerns about financial conditions and inflation [4] Market Sentiment - Expectations of no imminent interest rate cuts are undermining sentiment in Sydney and Melbourne, which are already expensive markets [1][4] - Auction clearance rates in Sydney and Melbourne remained in the lower 60-70% range, below the decade average [3] Regulatory Environment - The banking regulator plans to impose a cap on high debt-to-income home loans starting in February to mitigate housing risks [5] - Experts predict that housing gains may slow in 2026 due to poor affordability and a less favorable outlook for interest rates [5]

Group 1: Japan's Political Landscape - Japan's Takaichi Cabinet has achieved a strong 75% approval rating in a recent Nikkei poll, reflecting significant public support and political stability [3][9] - Reasons for the high approval include trust in Takaichi's leadership and optimism regarding her economic policies, with ratings from various media outlets ranging from 69% to 83% [4] Group 2: Industrial Incident - An explosion occurred at Nippon Steel's Muroran plant, but no injuries were reported, mitigating immediate human impact [5][9] - Nippon Steel Corporation is a major player in the global steel industry, with its stock trading at $4.04 on November 29, 2025 [5] Group 3: Australia's Manufacturing Sector - Australia's manufacturing sector demonstrated continued expansion in November, with the S&P Global Manufacturing PMI holding steady at 51.6, indicating a return to growth after a slight contraction [6][7][9] Group 4: US Political Landscape - President Trump has made his selection for the next Federal Reserve Chair, with Kevin Hassett considered the frontrunner to succeed Jerome Powell [8][9] - The Trump administration is implementing a pause on all asylum decisions and considering a long-term ban on migration from certain nations, citing national security concerns [12][9]

A euro-zone inflation reading close to 2% will be enough to satisfy ECB officials that they should avoid tweaking rates in December https://t.co/9gkagLWD2j ...

that they will clear up within the next month. Um we we have first of all uh quantitative tightening ending on I I believe it's uh December 1st. Now, many uh uh observers expected the Fed to uh end quantitative tightening with its last meeting.Uh it did not. That was a little unsettling to the markets. Uh and we're hearing from various Fed officials uh that there is more fear that inflation will not continue to unwind.We have a very strong view to the contrary. Um but the burden of proof is on us. Uh the in ...

Core Insights - Gold prices have retreated from all-time highs near $4,400 to below $4,000 per ounce, raising questions about the sustainability of the rally [1] - Despite the recent dip, gold has provided a 6% return for "buy the dip" investors since its price lows, and has a year-to-date return of 60% [1] - Goldman Sachs has updated its gold outlook, considering various economic factors that may influence gold prices in 2026 [5] Economic Context - The U.S. economy is experiencing growth, with GDP rising, but there are signs of weakness in the labor market, including a significant drop in job creation [4] - Job creation has slowed to only 10,000 jobs over the past three months, a stark contrast to earlier in the year when over 100,000 jobs were created monthly [4] - Layoffs have surged, with 153,074 reported in October, a 175% increase year-over-year, and a total of 1,099,500 job cuts announced year-to-date, marking a 65% increase from the previous year [5] - The unemployment rate rose to 4.4% in September, up from 4% in January and a low of 3.4% earlier in 2023 [5] Inflation and Monetary Policy - Inflation has increased, with the Consumer Price Index (CPI) showing a rise to 3% in September from 2.3% in April, influenced by tariff policies [6] - The Federal Reserve faces challenges in balancing its dual mandate of low unemployment and controlling inflation, as recent economic data complicates this goal [6] - The Fed has lowered interest rates by a quarter percentage point in recent meetings, with a high probability of further cuts in December [8]

NASDAQ on pace to snap a seven-month winning streak as tech drags. Joining me now, markets and data editor Jared Blickery, as well as Michelle Schneider, market gauge. com chief strategist.Jared, I want to start with you. Give us a look at the month here because we saw a lot of damage within tech and that looks like it's going to drag the NASDAQ lower on the month. >> You bet.And let's start with the uh Wi-Fi Interactive. And I'm going to pull up the month to date and this is going to be as of the close Wed ...

JUST IN: 🇺🇸 Odds of the Federal Reserve cutting interest rates by 25 bps in December rise to 87% on Polymarket. https://t.co/7b5NnGcx05 ...

The chance that Colombia will need to start raising interest rates has increased in recent weeks as the inflation outlook soured, according to a senior central banker https://t.co/TauKkjp8lJ ...

Market Trends & Investment Strategies - Gabelli Funds portfolio manager suggests a potential 7% increase from the current market level, aligning with the long-term average [1] - The market's performance is significantly influenced by big tech companies, which are currently subject to considerable debate [2] - The market's earlier excitement about rate cuts against a backdrop of economic growth reacceleration has somewhat reversed due to less dovish signals from the Federal Reserve and cooling data [4] - Broadening out trade has been observed in the last few weeks, but ultimately, fundamentals and earnings growth will drive stocks [11] Economic Factors & Fiscal Policy - Tax refunds are expected to boost consumer spending [7] - Expensing of capital expenditures (capex) is anticipated to stimulate non-AI capex, potentially leading to a reacceleration [7][8] - There's a concern that companies may not be fully aware of or utilizing the bonus depreciation benefits in the tax bill [8][9][10] AI & Technology Sector - Data center infrastructure is crucial to the economy [2] - The impact on AI stocks was more influenced by market fatigue and risk-off sentiment than by fundamental factors [5] - Strong fundamentals are primarily observed within big tech companies, particularly the "Magnificent Seven" [12] - Five of the "Magnificent Seven" have seen their forward price earnings multiples derate this year, with performance driven by earnings growth rather than multiple expansion [12]