President Donald Trump said he has selected a nominee to lead the Federal Reserve and will announce the choice soon. Markets will watch for signals on rates, balance sheet policy, and bank regulation as the new chair shapes the 2026 monetary-policy path and financial conditions.
Source: Seeking Alpha
OPEC+ holds output steady, lifting oil prices
Crude rose after OPEC+ kept production levels unchanged, easing fears of a surprise supply increase into year-end. The decision supports energy equities and complicates the inflation outlook if prices remain firm into 2026’s first quarter.
Source: Seeking Alpha
Nasdaq pushes tokenized stocks amid SEC review
Nasdaq said it will move “as fast as we can” on listing tokenized versions of publicly traded shares once the SEC’s comment process concludes. The plan keeps the current trading framework but targets post-trade efficiency and collateral mobility, aiming to bring on-chain settlement benefits without fragmenting liquidity.
Source: Finance Magnates
ASX suffers hours-long disclosure outage, adding to exchange tech worries
Australia’s main stock exchange experienced a prolonged company-announcements outage, pausing trading in affected names until disclosures could be published. The incident adds pressure on ASX—already under regulatory scrutiny—days after the CME’s major data-center interruption highlighted fragilities in market infrastructure.
Source: Finance Magnates
Databricks said to weigh funding at $134B valuation
AI data platform Databricks is considering another private raise at a roughly $134 billion valuation, underscoring investor appetite for core AI infrastructure. A deal at that level would keep IPO chatter alive and set a high-water mark for late-stage AI financing.
Source: Seeking Alpha
Russia nears first yuan sovereign bond, boosting renminbi’s global reach
Moscow will begin taking orders Dec. 2 for domestic yuan-denominated sovereign bonds in two tranches, a move that advances China’s currency internationalization amid sanctions-driven de-dollarization. Indicated coupons are 6.25%–6.5% for ~3.2-year notes and up to 7.5% for ~7.5-year paper.
Source: South China Morning Post
Hong Kong’s HashKey wins listing nod, testing crypto IPO appetite
HashKey Holdings, operator of Hong Kong’s largest licensed crypto exchange, cleared its listing hearing, paving the way for an IPO that could raise up to US$500 million, per prior reports. The deal will gauge public market demand for digital-asset infrastructure as regulation evolves.
Source: South China Morning Post
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