Overview

• Asian stock markets, including Hong Kong's Hang Seng and Japan's Nikkei 225, experienced declines amid concerns over the Chinese economy and ahead of key US economic reports.
• US futures also slipped, with technology and communication services companies weighing heavily on the market.
• Bitcoin reached $42,000, a price not seen since the crypto collapse in spring 2022, and gold reached an all-time high of $2,100 per ounce.
• Expectations that the Federal Reserve will start cutting interest rates next year are driving speculation in various markets, from bitcoin to ten-year treasury bonds.
• Despite production cuts announced by OPEC and its allies, oil prices continued to decline.