Core Viewpoint - The Federal Reserve confirmed that its policy meeting will proceed as scheduled despite the federal government office closures in Washington D.C. due to heavy snowfall [1] Group 1 - The Federal Open Market Committee will begin its two-day meeting on Tuesday morning as planned [1] - The interest rate decision is expected to be announced on Wednesday at 2 PM Eastern Time, followed by a press conference with Chairman Jerome Powell at 2:30 PM [1] - Market participants generally anticipate that the Federal Reserve will maintain the interest rate in the range of 3.5% to 3.75% [1]

Group 1 - The current trading price of silver is above 23.899, with a reported increase of 5.86% to 24.151 per gram, reaching a high of 24.274 and a low of 22.814 during the session [1] - Market expectations for a rapid interest rate cut are diminishing, with the next anticipated action not expected until July, which may weaken the likelihood of any action being taken [1] - Some economists are beginning to doubt the necessity for further easing as the wait for rate cuts extends, with predictions suggesting that the Federal Reserve may remain inactive throughout 2026 [1] Group 2 - The daily chart indicates a significant upward movement in silver prices, with an increase of over 6%, and technical indicators such as the Bollinger Bands and MACD showing strong upward momentum [2] - Support levels for silver are identified between 21.00 and 22.50, while resistance levels are noted between 24.00 and 26.00 [2]

Group 1 - The article discusses the financial institutions' customer beneficial ownership identification management [2] - It mentions the release of the first financial report by Wohu Pharmaceutical in the Shanghai and Shenzhen stock markets [2] - Walmart has officially replaced AstraZeneca in the NASDAQ index [2] Group 2 - The IEA released its monthly oil market report [2] - The core PCE price index for the US is set to be announced in November 2025 [2] - The European Central Bank is expected to publish its monetary policy for December [2]

Group 1 - Asia-Pacific markets traded mostly higher as investors awaited inflation data from China and an interest rate decision from the Federal Reserve [1] - Traders anticipate the Federal Reserve will announce a 0.25 percentage point cut to its benchmark overnight lending rate, consistent with previous cuts in September and October [2]

Group 1 - Silver futures prices have risen over 4%, currently trading above $60 per ounce [1] - The Federal Reserve's interest rate decision is the main focus of the market this week [1] - There are signs that Australia is entering a new phase in its fight against inflation, causing unease among investors [1] Group 2 - Analyst Peter Cardillo from Spartan Capital Securities believes the Reserve Bank of Australia will maintain interest rates and warn of inflation risks, with potential for future rate hikes [1] - This situation is described as a form of inflation panic [1]

Core Viewpoint - The upcoming release of economic data in the weeks leading up to the Federal Reserve's December meeting is expected to significantly impact policy outlooks, with Fed Chair Powell likely to remain vague about January's interest rate decisions [1] Economic Data Release - A wave of "catch-up" economic data will be published, including the non-farm payroll reports for October, November, and December, as well as CPI data for November and December [1] - The cumulative effect of this data is anticipated to redefine market perceptions of the economy's performance following the government shutdown [1]

Core Viewpoint - The Reserve Bank of India (RBI) faces conflicting signals ahead of its monetary policy meeting, with market expectations on interest rate decisions showing significant divergence [1] Group 1: Economic Indicators - Current inflation remains below the target range, keeping real interest rates at elevated levels [1] - Strong economic growth recorded in the second quarter may strengthen the rationale for maintaining a tight monetary stance [1] Group 2: Interest Rate Expectations - DBS Bank's baseline expectation is for a "moderate rate cut," contingent on the inflation trajectory for FY2026 being 50 to 60 basis points lower than the RBI's current forecast and substantially returning to the target range of 2%–6% [1] - Recent volatility in the rupee exchange rate adds new uncertainty to the policy decision [1]

Core Viewpoint - The Federal Reserve, represented by Paulson, is approaching the interest rate decision for December with caution, indicating a careful evaluation of economic conditions and potential impacts on the market [1] Group 1 - The Federal Reserve is considering the economic indicators and market conditions before making a decision on interest rates [1] - There is an emphasis on a "cautious" approach, suggesting that the Fed is weighing the potential risks and benefits of any rate changes [1] - The statement reflects the Fed's ongoing strategy to balance economic growth with inflation control [1]

Core Insights - US Treasury yields rose slightly as investors awaited a delayed employment report, which is expected to provide key insights into the health of the US economy [1][3] Group 1: US Treasury Market - The yields on US Treasuries increased slightly, with the 2-year yield rising by 1.2 basis points to 3.61%, the 10-year yield up by 1.3 basis points to 4.146%, and the 30-year yield increasing by 0.3 basis points to 4.755% [1] - The delayed employment report, which combines October and November data due to a government shutdown, is anticipated to influence the Federal Reserve's interest rate decision in December [3][4] Group 2: Federal Reserve and Economic Outlook - Analysts from Deutsche Bank noted that attention is shifting to the delayed September employment report, which could impact the likelihood of a rate cut in December, especially if the data shows weakness [4] - According to the CME FedWatch Tool, traders estimate a 31% chance that the Federal Reserve will lower the benchmark overnight lending rate by 0.25 percentage points in December [5] Group 3: International Bond Markets - European bond yields rose, with the 10-year German bond yield increasing by 2.3 basis points to 2.734%, the 10-year Italian bond yield up by 3.5 basis points to 3.491%, and the 10-year French bond yield rising by 3.3 basis points to 3.496% [5] - In Japan, bond yields also rose, with the 2-year yield increasing by 3 basis points to 0.958% and the 10-year yield up by 5.6 basis points to 1.816% [7]

Core Points - The U.S. government shutdown lasted for 43 days, resulting in an estimated loss of $1.5 trillion, according to President Trump [2] - The temporary funding bill signed on November 12 will fund most federal agencies at current levels until January 30, 2026, but does not resolve the Democratic demand for extended subsidies under the Affordable Care Act [3][4] - The shutdown has severely impacted the lives of American citizens, with significant disruptions in air travel and food assistance programs [6][8] Government Operations - The temporary funding bill passed with support from nearly all House Republicans and a few moderate Democrats, but it did not address the core Democratic demand for healthcare subsidies [4] - Federal employees who were furloughed during the shutdown are entitled to full back pay, but delays in processing may occur due to staffing shortages in payroll offices [6][8] Economic Impact - The shutdown has led to the closure of statistical agencies, preventing the release of key economic data such as employment and inflation figures, complicating the Federal Reserve's decision-making process regarding interest rates [9][10][11] - The absence of October's inflation data may lead to inaccuracies in subsequent months' Consumer Price Index calculations, affecting economic assessments [11]