Bloomberg Markets - Thursday, December 25, 2025

Egypt Squeezes in 5th Rate Cut of Year After Inflation Slows

Egypt’s central bank made its fifth interest-rate cut of the year, after a surprise slowdown in inflation gave authorities scope to resume an easing cycle.

Sanctions Delay Russia’s Plan to Triple LNG Output, Novak Says

Russia’s ambitions to triple its annual liquefied gas production have been pushed back by several years amid international sanctions, according to Deputy Prime Minister Alexander Novak.

Odd Lots: Scott Kupor on Bringing Talent to Government (Podcast)

Japan Two-Year Bond Yield Rises After Tepid Auction Demand

Japan’s two-year government bond yield rose after an auction of the tenor drew weak demand amid speculation that the Bank of Japan may need to raise interest rates more aggressively to rein in inflation and support the yen.

China Silver Fund Plunges After String of Moves to Quell Frenzy

The value of China’s only pure-play silver fund plunged by its maximum daily limit of 10% on Thursday, ending a frenzied bull run that had prompted its manager to issue a rare series of warnings.

China’s Yuan Climbs Past 7 Per Dollar as PBOC Caves in to Bulls

The yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets China’s central bank will allow gradual currency appreciation to boost market confidence.

China Vanke Faces Another Bond Test After Dodging Default

China Vanke Co., which just days ago got a reprieve on a local bond, is back in a familiar situation, as investors in another note finish voting on the distressed developer’s bid to delay payment amid its struggle with a mountain of debt due in coming months.

China’s Central Bank Signals Steady, Cautious Support for Growth

China’s central bank reaffirmed its supportive monetary policy stance while signaling continued caution toward aggressive stimulus, reinforcing a shift toward securing long-term stability over immediate fixes.

Japan Awaits Two-Year Bond Auction Amid Growing Rate Hike Fears

Investors are on tenterhooks ahead of Japan’s two-year government bond auction on Thursday, amid speculation that the Bank of Japan may need to raise interest rates more aggressively to rein in inflation and support the yen.

Stocks Hit Highs as ‘Santa Rally’ Countdown Begins: Markets Wrap

A relatively quiet session on Wall Street before Christmas saw stocks hitting all-time highs, with more signs the jobs market is not quickly deteriorating supporting bets on a soft economic landing.