EUR/USD
1.15179
0.008%
Gold
4051.33
-0.397%
Oil
57.961
0.149%
USD/JPY
156.610
0.142%
GBP/USD
1.30974
-0.055%
GBP/JPY
205.122
0.087%
Real-time News
Shares of India’s Adani Green Energy fell 1.2% after reports that Total Energy planned to reduce its stake in the company by 6%.Fitch Ratings: Growth for financial companies in developed markets in the Asia-Pacific region is moderate, with reduced funding support.Fitch Ratings: Rational competition and lower capital expenditures have boosted the financial condition of telecommunications companies in the Asia Pacific region.November 24th - Analysts show that in the 12 months to September, Australias trade deficit with the US narrowed to its lowest level in 21 years. Gold exports nearly increased tenfold, and beef exports climbed 47% during the same period. Economist James McIntyre wrote, "This is not the first time a small, open economy has unexpectedly benefited from competition with larger trading partners. Australias diversified commodity base positions it favorably in a changing global landscape." In the 12 months to September, Australia sold A$16.4 billion (approximately US$10.6 billion) worth of safe-haven gold to the US, compared to just A$1.6 billion the previous year. Australian beef producers, who had expected to be impacted by Trumps tariff policies, unexpectedly gained a relative advantage as major suppliers like Brazil faced higher tariffs. However, this boost may be short-lived, as the Trump administration has removed a key tariff on Brazilian beef. The positive effects of gold sales may be more lasting. McIntyre wrote that if gold prices remain high in 2026, gold exports will contribute an additional A$15 billion, equivalent to 0.5% of GDP.Indonesias state-owned oil company: Fuel retailer VIVO has agreed to purchase 100,000 barrels of gasoline from Pertamina.
