Eurozone Industry Extends Gains

Gold prices remained steady in the early Asian session as investors await the U.S. November employment report, which is expected to provide insights into the labor market and economic conditions. This stability reflects a cautious approach among traders ahead of significant economic data releases.

Gold prices have reached near a two-month high, driven by a softening U.S. dollar, as market participants await critical inflation and labor data from the U.S. This rise in gold prices reflects ongoing investor interest in safe-haven assets amid economic uncertainties.

Tonka Trucks faced significant challenges as disrupted shipments and ongoing trade negotiations with the U.S. impacted their profits, forcing the company to gamble on maintaining production in China. The uncertainty surrounding these trade talks has left the company in a precarious financial position.

Homeowners in the U.S. are experiencing a decline in their pandemic-era equity, with average losses reaching five figures as housing prices stabilize or decrease in various markets. This shift in buyer behavior is prompting many homeowners to reassess their financial positions.

The craft beer industry in the U.S. has faced significant challenges in 2025, with over 250 breweries shutting down permanently in the first half of the year. Factors contributing to this trend include rising operational costs, a decline in taproom visitors, and intense competition in retail markets.

A recent Danish intelligence report has raised alarms regarding the economic leverage and military threats posed by the U.S. under the Trump administration, highlighting concerns over the growing influence of China and Russia in reducing Western dominance globally.