Stubb Says He And Meloni Spoke to Trump About Ukraine

Traders are increasingly anxious about the sustainability of this year's stock-market rally, as recent volatility has raised concerns about potential downturns. The options market is reflecting this growing unease, indicating that many investors are bracing for further instability.

This week, President Donald Trump met with New York Mayor-elect Zohran Mamdani, highlighting unexpected similarities between them. Concurrently, Nvidia reported its Q3 2026 earnings, exceeding expectations, which initially boosted market sentiment. However, Bitcoin experienced a significant crash, and concerns arose regarding the Federal Reserve's potential interest rate cuts, leading to volatility in the markets.

Emerging-market money managers are increasingly focusing on Latin America as upcoming elections may reshape the region's political landscape, potentially aligning several countries with Donald Trump's policies. This shift is seen as a strategic move to capitalize on anticipated changes in governance and economic direction.

An overnight drone strike at the Shatura power plant, which supplies Moscow, resulted in a significant fire, highlighting the ongoing escalation of attacks on energy infrastructure amid the conflict between Russia and Ukraine. This incident coincides with a peace plan being advocated by the Trump administration.

Global investors are increasingly focusing on Africa, drawn by its abundant natural resources and strategic importance in the evolving global trade landscape. This year alone, significant investments have been made across various sectors, including agriculture and technology, as the continent positions itself for growth amid changing international trade dynamics influenced by US tariffs.

The Korean stock market has witnessed a remarkable rally, with the Kospi index reaching levels that were previously deemed unattainable, as highlighted by the prominent display of 'Kospi 4,000' at the Korea Exchange. This surge reflects a significant turnaround in investor confidence over the past year.

British Prime Minister Keir Starmer has announced a strategy aimed at producing 10% of the UK's critical minerals domestically, a move designed to lessen dependence on the vulnerable global supply chain.

The UK government has announced an increase in subsidies for electric vehicles (EVs) as part of its strategy to counteract a tax rise expected in the upcoming budget. This move aims to support the transition to greener transportation amidst financial pressures.