European Markets Wrap-Up: Reminder: US jobs data will be due today

Tuesday, 16 Dec, 2025 News Reminder: US jobs data will be due today So, what'd I miss during the break? ;) There was no shortage of action in markets in the past week, not least with the Fed delivering one final 25 bps rate cut to wrap up the year. Now, the race for F Cryptocurrency US Senate delays crypto market structure bill to 2026, as expected but still disappointing U.S. lawmakers have delayed progress on a long-awaited crypto market structure bill, pushing any formal legislative action into next year and dealing a setback to an industry seeking clearer federal o Learn more News investingLive Asia-Pacific FX news wrap: Onshore yuan continues stronger US suspends UK tech deal amid wider trade tensions (earlier Financial Times report) Indian rupee fresh record lows on flow pressure CBA sees February RBA rate hike as growth runs hot. Citi & NAB a News US suspends UK tech deal amid wider trade tensions (earlier Financial Times report) The United States has suspended a recently agreed technology partnership with Britain, injecting fresh uncertainty into the transatlantic relationship as Washington presses London for broader trade co Forex Indian rupee fresh record lows on flow pressure The Indian rupee is set to open at fresh record lows, as a deteriorating global risk backdrop compounds persistent flow imbalances that continue to weigh heavily on the currency. Info via Reuters. One Central Banks CBA sees February RBA rate hike as growth runs hot. Citi & NAB also expect February hike. Australia's economy is increasingly exhibiting conditions consistent with further monetary tightening, leading Commonwealth Bank economists to forecast a 25 basis point Reserve Bank of Australia rate Central Banks NAB sees RBA hiking twice in 2026, clashing with market expectations for extended hold National Australia Bank has struck a more hawkish tone on the Reserve Bank of Australia's outlook, forecasting two 25 basis point rate hikes in 2026, beginning in February and followed by a second inc News China eyes pragmatic 2026 growth target near 5% (while onshore yuan surges higher!) China is likely to set a pragmatic and flexible GDP growth target for 2026, with policymakers seeking to balance stabilisation objectives against mounting external and domestic pressures, according to Learn more Stocks ICYMI - Ford takes US$19.5bn EV charge as strategy pivots to hybrids Ford Motor is taking a major step back from its electric-vehicle ambitions, announcing roughly US$19.5 billion in charges largely tied to its loss-making EV operations, as the automaker pivots toward

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