Morning Bid: Government shutdown and tariff fears jar year-end markets

PCE index, US government shutdown, EU trade war - what's moving markets

Wall Street is expected to open lower due to inflation concerns, potential government shutdown, and Trump's tariff threats against the EU.

European stock markets retreat as Trump's comments spark trade war concerns

European stock markets decline amid trade war fears, while US political uncertainty looms. Economic data shows slow growth and struggling sectors, affecting corporate stocks and oil prices.

Indonesia stocks higher at close of trade; IDX Composite Index up 0.39%

Indonesia's stock market closed higher with financial, infrastructure, and agriculture sectors thriving, while crude oil prices fell. Notable stock gainers and losers were reported.

Trump says EU should make up 'tremendous deficit' with US by purchasing its oil and gas

Trump pressures the EU to buy U.S. oil and gas to address trade deficits, threatening tariffs if they do not comply.

Oil prices fall on demand concerns, strong dollar

Oil prices drop due to 2025 demand concerns in China, a strong dollar, and potential surplus, amid speculation of tighter measures on Russian oil by G7 countries.

Asian shares pinned near three-month lows, dollar towers at 2-yr peak

Asian shares hit three-month lows as investors await U.S. inflation data, with the dollar at two-year highs, and markets bracing for policy changes amid rising rate expectations.

Oil prices drift lower amid Fed jitters, demand fears; set for weekly losses

Oil prices are falling due to a stronger dollar and concerns over slowing demand, particularly from China, while traders monitor the potential impact of a U.S. government shutdown.

U.S. crude exports to Europe expected to fall in Jan as shipping economics weaken

U.S. crude oil exports to northwest Europe are expected to decline in early 2024 due to rising freight rates and a narrowing WTI/Brent spread after a record high in November.

Oil market sentiment improves as 2025 surplus concerns ease, Macquarie says

Macquarie notes a shift in oil market perceptions for 2025, citing smaller inventory builds and lower supply growth, but warns of potential surpluses affecting price stability.