Oil prices rose in Asian trade on Thursday, but trimmed some of their intraday gains following a Wall Street Journal report that the U.S. was planning to control Venezuelan oil for the long term.
The eurozone economy expanded at a slower pace in December but ended 2025 with its strongest quarterly growth in more than two years, according to survey data released Tuesday.
Japan’s service sector continued to expand in December, but at a slower pace as the year drew to a close, according to the latest S&P Global Japan Services PMI data.
China’s central bank announced Tuesday it will cut the reserve requirement ratio and interest rates in 2026 as part of its plan to maintain ample liquidity in the financial system.
Asian stock markets were mixed on Wednesday, with most major indices edging lower after strong gains earlier in the week, while South Korean shares climbed to fresh record highs, buoyed by renewed optimism around artificial intelligence.
December’s U.S. jobs report is set to deliver one of the gaudiest headline gains in months, but Jefferies says the strength will be short‑lived as labor demand still is not on a sustainable rebound.