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NEWS!

🇯🇵 BOJ is poised to hike rates to 0.75% from 0.5% in December, with government sources saying the administration will tolerate the move as markets price an ~80% chance of a hike.

🇨🇳 China moved to slow yuan gains by setting a 7.0733 fixing—164 pips weaker than forecasts and the biggest weak-side gap since 2022—while state banks buy dollars to curb a rally toward 7.00.

😁 Trump may make Treasury Secretary Scott Bessent the NEC director too if Kevin Hassett is tapped as Fed chair early 2026.

🧲 Salesforce raised its revenue outlook on stronger demand for AI products like Agentforce and Data 360, with annual recurring AI revenue hitting $1.4 billion and the stock at $238.72.

🛢ExxonMobil plans to permanently shut one of its steam-cracker plants on Singapore’s Jurong Island starting in March, part of a global industry pullback — the stock is now trading at US $133.78.

📆 CALENDAR FOR TODAY - 04.12.2025

🇺🇸 Unemployment Claims - 16:30 GMT+3;

#MarketNews

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