Australia’s incoming central bank deputy governor may draw on his background as an architect of the Bank of England’s active bond sales to revive discussion about quantitative tightening at his new employer, according to Deutsche Bank AG.
Copper touched a 10-week high after the closure of a major mine in Panama highlighted future supply challenges for the red metal as the energy transition accelerates.
The first exchange-traded fund tracking Saudi Arabian shares debuted today in Hong Kong, marking the largest of its type to trade in the city this year and underscoring efforts by the Middle Eastern country and the Asian financial hub to build closer ties.
Vietnam passed a resolution to align the tax on corporate earnings to meet the 15% global minimum levy on multinational companies aimed at stopping a race-to-the-bottom competition among countries to lure investors.
The dollar is near a four-month low and Treasuries extended a November rally, as expectations grew that the Federal Reserve is done with policy tightening and may start cutting interest rates next year.
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