Today's News Update - 02nd Dec 2024 Asia Asia-Pacific markets mostly fell on Friday, with a 0.3% decline in October industrial production. The Kospi dropped 1.95%, and the Kosdaq lost 2.33%. Japan's inflation rose to 2.6% in November, prompting a 0.37% fall in the Nikkei 225. The yen strengthened against the dollar. Hong Kong's Hang Seng gained 0.2%, and China’s CSI 300 rose 1.14%. Australia's S&P/ASX 200 dipped 0.1%. US The Dow Jones Industrial Average and S&P 500 reached record highs on Friday, concluding a strong month for stocks in a shortened trading session. The S&P 500 rose 0.56% to 6,032.38, while the Nasdaq Composite gained 0.83% to 19,218.17. The Dow added 188.59 points, or 0.42%, finishing at 44,910.65. Both the Dow and S&P 500 set new intraday and closing records. Commodity Gold prices rose 0.7% on Friday, lifted by a weaker dollar and geopolitical tensions, but were still on track for their worst monthly loss since September 2023. Spot gold reached $2,660.28, while U.S. futures rose to $2,684.90. Oil prices fell, with Brent crude down 0.46% to $72.94 per barrel and WTI crude dropping 1.05% to $68, ending the week with a 3% loss amid easing supply concerns. The above analysis is only for the views of market researchers and is for reference only and is not Regarded as a specific investment suggestion. #Forex #trading #tradingforex