OPEC’s Effectiveness Is Fading

🛢️ 🛢️ OPEC+ oil output, “lack of clarity around the new agreement” sparks oil market uncertainty. Angola has already said no, its opening the taps
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China PMI Jumps Above 50

🇨🇳 🇨🇳 BREAKING: China November Caixin Manufacturing PMI: 50.7 (vs. expected at 49.8)—Production returns to growth amid sustained rise in total new work. Business confidence ticks up to four-month high
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AUD Rallies Together With JPY

🇦🇺 🇯🇵 AUD/USD – Rallies As USD/JPY Leads USD Lower In Asia
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Fast Retailing Trades At Record High

🇯🇵 🇯🇵 BREAKING: Japan’s Fast Retailing Trades At Record High. The stock of parent company Uniqlo has climbed more than 100% over the last 22 months
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AirAsia’s App Plans A Full Travel Service

🇲🇾 🇲🇾 BREAKING: After ditching the AirAsia Superapp name and rebranding as Move in September, Capital A Bhd’s digital arm wants to become an established and widely recognized online travel agency in Southeast Asia. Move already has 15.4 million active monthly users in the region and a share of about 10% of its estimated $30 billion travel market
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Saylor Buys $593.30M Of Bicoin

🚨 🚨 Michael Saylor Of MicroStrategy just purchased $593.3 million of Bitcoin. He bought 16,130 bitcoin in November, raising his holdings to $6.5 billion
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MCD To Open CosMc’s

🍔 🍔 McDonald’s is about to open a new restaurant concept called CosMc’s. The concept will focus on drinks, and smaller snacks
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PCE Indicator Drops

🚨 🚨 October PCE inflation, the Fed’s “preferred” inflation metric, falls to 3.0%, in-line with expectations
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OPEC Cuts Output Again

🛢️ 🛢️ OPEC+ agrees on 1 million barrels per day of ADDITIONAL oil production cuts
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