Witkoff advised Russia on how to pitch Ukraine plan to Trump

Gold prices edged higher in early Asian trade, buoyed by expectations of potential interest rate cuts from the Federal Reserve. However, these gains were partially offset by progress in ongoing peace talks between Russia and Ukraine, as noted by ANZ.

Gold prices remained steady as traders assessed the potential for a U.S. interest rate cut against the backdrop of ongoing peace discussions in Ukraine. The market is closely monitoring economic indicators that could influence Federal Reserve policy decisions.

Oil prices have steadied near a month-low following indications of progress towards a peace deal in Ukraine, which could lead to the lifting of restrictions on Russian crude supplies amid a looming global oversupply. This stabilization comes after a period of volatility influenced by geopolitical developments.

Oil prices have fallen as Ukraine indicates support for a framework aimed at a peace deal with Russia. This development has contributed to a decline in oil prices, reflecting market reactions to the evolving geopolitical landscape surrounding the ongoing conflict.

On November 25, 2025, Bloomberg Businessweek Daily featured a discussion on the potential nomination of Kevin Hassett as the next Federal Reserve Chairman, alongside insights into US cybersecurity challenges linked to AI and the philanthropic priorities of affluent women. The episode highlighted the growing influence of AI technologies, particularly in the context of companies like Google and Nvidia.

The ongoing trade war with the United States, coupled with bans on U.S. wine imports and a recent distributor strike in British Columbia, has prompted Canadians to increasingly support their local wine industry. Notably, sales at Cannon Estate Winery in Abbotsford have surged by 66 percent this year.

Oil futures have declined for the fourth time in five sessions following reports that Ukraine has agreed to a U.S.-drafted peace plan aimed at resolving the ongoing conflict with Russia, although some details remain unresolved.

Tensions between China and Japan have escalated, with Japan's new leader standing firm against China's assertive claims over Taiwan. In response, Chinese President Xi Jinping reached out to the U.S. to weaken the U.S.-Japan alliance, highlighting the geopolitical stakes involved.