Russia, China discuss expanding oil exports as U.S. sanctions hit major producersChinese President Xi says to enhance energy partnership with RussiaHeavy oil pipeline for Canada, Alberta to coast of BC, looks set for approvalJapan PM Takaichi says she spoke with Trump on a callGoldman Sachs sees gradual CNY appreciation, USD/CNY at 6.85 over 12 monthsPBOC sets USD/ CNY central rate at 7.0826 (vs. estimate at 7.1056)Takaichi, Trump to discuss Xi call as tensions rise over Taiwan, FNN reportsBOK to hold at 2.50%, weak won, housing risks push rate cuts into early 2026: Reuters pollGoldman Sachs warns slowdown risk could trigger deeper Fed easingDeutsche Bank: Five forces drove Bitcoinโs worst week since FebruaryMorgan Stanley: Market correction nearly done, pullback is a buying opportunity into 2026″Google Further Encroaches on Nvidiaโs Turf With New AI Chip Push”Australian weekly consumer confidence index remains in doldrums at 87.1Tesla sued for allegedly infringing robotics patents tied to Autopilot systemsU.S. urges U.K. to ban Chinese firms from all critical infrastructure over security risksS&P: Canada set for modest growth, but inflation and weak investment remain hurdlesTrump has told his advisers heโs planning to speak directly with Nicolas MaduroinvestingLive Americas FX news wrap 24 Nov: The USD closes the day mixed. Nasdaq soars.UK Treasury ask banks to make public, prominent endorsement of Budget (not making this up)Major US stock indices close with solid gainsIt was a quiet session for major FX pairs, with narrow ranges dominating and virtually no meaningful data to drive direction. Only minor headlines emerged from Australia and South Korea on consumer sentiment, neither of which moved markets.News flow was similarly subdued. Japanโs PM Takaichi and U.S. President Trump held a call after Trumpโs conversation with Chinaโs Xi, though Takaichiโs readout revealed little โ a masterclass in saying something without saying anything. Russia and China also pledged closer energy cooperation, but details were scant.Regional equities here traded mostly higher, taking their cue from Wall Streetโs latest rally.In corporate news, Alphabet jumped in post-market trade after reports that Meta is in talks to spend billions on Googleโs TPU chips for future data-centre build-outs and potentially through Google Cloud rentals. The prospect of Meta shifting part of its compute stack toward TPUs hit Nvidia, whose AI GPUs dominate the market today. Meta is reportedly considering deploying TPUs in its data centres from 2027 and may rent capacity from Google Cloud as soon as next year. Google has also agreed to supply Anthropic with up to one million TPUs.Commodities were mixed: gold edged higher while oil drifted slightly lower.
Asia-Pac
stocks:Japan
(Nikkei 225) +0.14%Hong
Kong (Hang Seng) +1.2%
Shanghai
Composite +1.1%Australia
(S&P/ASX 200) -0.1%
This article was written by Eamonn Sheridan at investinglive.com.
๐ก DMK Insight
With ADA at $0.41, geopolitical tensions and energy partnerships could sway market sentiment significantly. The discussions between Russia and China to expand oil exports amid U.S. sanctions highlight a shift in global energy dynamics. This could lead to increased volatility in related markets, including cryptocurrencies like ADA, as traders react to potential shifts in economic power. If the CNY appreciates as Goldman Sachs suggests, that could also impact crypto markets, particularly in Asia, where many traders are sensitive to currency fluctuations. Watch for ADA’s support around $0.40; a break below could trigger further selling pressure, while a bounce could signal renewed interest. On the flip side, if geopolitical tensions escalate, we might see a flight to safety, which could temporarily boost ADA as a speculative asset. Keep an eye on how these developments unfold over the next few weeks, especially with the potential for increased trading volume around key price levels.
๐ฎ Takeaway
Monitor ADA closely around the $0.40 support level; geopolitical shifts could lead to increased volatility in the coming weeks.





