Read more

6:51 AM · 26 November 2025

Morning wrap (26.11.2025)

Asian-Pacific indices are trading higher. Chinese indices are gaining between 0.15–0.40%, Japan’s JP225 is up 1.10%, and Singapore’s SG20cash is up 0.30%.
The strongest-performing currency is the New Zealand dollar after the RBNZ decision. The weakest is the Japanese yen. USDJPY is up 0.10% despite a weaker dollar, and NZDUSD is up 1.15%.
The RBNZ cut rates by 25 bp to 2.25%, but the message was clearly hawkish — the bank signaled the end of the easing cycle. The OCR is expected to remain near 2.25% until early 2026 and then rise to 2.65% by the end of 2027. This effectively closes the door to further easing.
AUD rises after another acceleration in inflation in Australia. Monthly CPI increased 3.8% y/y in October (vs 3.6% expected), the fastest in 10 months and the fourth consecutive acceleration since June. Chances of further RBA rate cuts are now minimal.
The PBOC set the yuan fixing at the strongest level since 14 October 2024, strengthening the currency.
Gold rebounds 0.54% to 4,150 USD per ounce. Tensions around Taiwan persist. China has accused Japan and Taiwan’s DPP of “provocations” in the Taiwan Strait, warning against external interference. Taiwan is preparing for a potential military conflict by 2027.

25 November 2025, 7:07 PM

Daily summary: U.S. indices rise as the dollar softens ahead of the Thanksgiving holiday 🗽

25 November 2025, 5:58 PM

EURUSD gains 0.4% rebounding from important support zone 📈

25 November 2025, 3:06 PM

BREAKING: US Consumer Confidence and Richmond Fed much weaker than expected 📌

25 November 2025, 7:16 AM

Economic Calendar: Markets Focus on US PPI and Retail Sales (25.11.2025)

Economic reports

Join over 2 000 000 XTB Group Clients from around the world

Start trading Download the app Download the app

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.

Losses can exceed deposits

This group contains cookies that are necessary for our websites to work. They take part in functionalities like language preferences, traffic distribution or keeping user session. They cannot be disabled.

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

We use tools that let us analyze the usage of our page. Such data lets us improve the user experience of our web service.

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

This group of cookies is used to show you ads of topics that you are interested in. It also lets us monitor our marketing activities, it helps to measure the performance of our ads.

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookies from this group store your preferences you gave while using the site, so that they will already be here when you visit the page after some time.

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days