Tuesday Afternoon Coffee - Markets Update - 2 Dec 2025 - Global Stocks Rise as Bond Markets Stabilize

The Trade Academy Team
2 days ago
2 min read

Markets Update: Global equities advanced Tuesday while government bonds and cryptocurrencies found stability following Monday’s sharp selloff triggered by fears of a Japanese rate hike. Investors shifted focus to the U.S. Federal Reserve, gearing up for a widely expected interest rate cut in December.

Global Markets Roundup: 2 Dec 2025

Wall Street recovered lost ground, driven by strength in technology and industrial sectors, though energy and consumer staples lagged. The shift comes as data showed U.S. manufacturing contracting for a ninth consecutive month in November, counterbalanced by a robust $23.6 billion start to the holiday shopping season.

Stocks Advance as Earnings and Spending Offset Macro Gloom

U.S. benchmarks and global indices posted gains, shaking off the previous session's volatility. The MSCI World index rose 0.21%, while European markets edged slightly higher.

Dow Jones Industrial Average: +0.16%
S&P 500: +0.26%
Nasdaq Composite: +0.69%
Asia-ex Japan: +0.45%
Europe (SXXP): +0.02%

Bond Markets Find Calm After JGB Auction

A successful auction of Japanese government bonds (JGBs) soothed global nerves, reversing a weeks-long rout driven by concerns over Japan's fiscal health and Bank of Japan policy. Prior to Tuesday, the selloff had pushed Japanese 10-year yields to 17-year peaks and 30-year yields to all-time highs.

Japanese 10-Year Yields: Down 0.27%
Japanese 30-Year Yields: Down 6 basis points

Global debt markets took their cue from the stabilization in Tokyo. The benchmark U.S. 10-Year Treasury yield stood at 4.104%, while the German 10-Year yield traded at 2.755%, with both ticking up only marginally on the day.

Bitcoin Rebounds Following Steep Correction

Bitcoin inched higher after plunging 5.2% on Monday, stabilizing at $87,000. Despite the bounce, the cryptocurrency remains roughly 30% below its October peak.

Dollar Steadies, Precious Metals Retreat

The U.S. dollar held steady, firming against the yen but allowing the euro to maintain most of its recent gains.

USD/JPY: +0.35% to 155.96 yen
EUR/USD: Trading at $1.16107 (after briefly topping $1.165)

Precious metals faced selling pressure, pulling back from recent highs:

Gold: -1% to $4,188.44/ounce (approx. 4% below October's all-time peak)
Silver: -1%

Oil Dips Amid Mixed Signals

Crude prices fell slightly as traders balanced supply risks from Ukrainian drone strikes on Russian energy infrastructure against fears of global oversupply:

Brent Crude (BRN1!): -0.08% to $63.12/barrel
WTI Crude (CL1!): -0.08% to $59.27/barrel

Outlook

With the bond market panic subsiding and consumer spending showing resilience, markets appear to be stabilizing ahead of the year-end. Investors remain focused on the Federal Reserve's next move and further confirmation that inflation remains contained.

Looking forward refer to the economic calendar below to see the upcoming events scheduled for today and the rest of the week.

General news - Information source from multiple newswires.

The article and the data is for general information use only, not advice!

The Trade Academy Team