{"id":129725,"title":"What happened overnight – Thursday 27th November 2025","publisher":"Share Talk","author":"sharetalk","published":"2025-11-27T07:21:32+00:00","modified":"2025-11-27T07:21:32+00:00","canonical_url":"https://www.share-talk.com/what-happened-overnight-thursday-27th-november-2025/","markdown_url":"https://www.share-talk.com/what-happened-overnight-thursday-27th-november-2025.md","json_url":"https://www.share-talk.com/what-happened-overnight-thursday-27th-november-2025.json","category":"Business & Support Services","categories":["Business & Support Services","Financial","Technology","Technology, Media & Telecoms"],"tags":["AI-focused","Asia","Asia-Pacific index","Asian market","Asian markets","Asian trading","Bank of England","Bank of Japan","Bank of New York","Beijing","bond market","Brent Crude","china","chips","currency","Dow Jones","European Union","Federal Reserve","Hong kong","India","Jakarta","Japan","JP Morgan","Manila","Nikkei","Nvidia","Russia","semiconductor","Sensex","Seoul","shanghai","Shenzhen Composite Index","Singapore","South Korea","Sydney","Taipei","Treasury yields","U.S. bond market","U.S. dollar","U.S. stocks","U.S. Treasury","US dollar","US recession","US treasuries","USA","Wall Street","Wellington","White House"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/11/overnight-1-1.webp?fit=750%2C406&ssl=1","format":"news","language":"en-GB","content":"#### Global markets lift as rate-cut hopes fuel risk appetite\n\nGlobal markets pushed higher as mounting expectations of a US interest rate cut in December boosted investor confidence and reignited demand for risk assets.\n\nOn Wall Street, the **S&P 500 climbed 0.69%**, extending its winning streak to a fourth straight session. Technology stocks led the charge, with the **Nasdaq Composite up 0.82%**, while the **Dow Jones Industrial Average rose 0.67%**, signalling broad-based optimism.\n\nCryptocurrencies also joined the rally. **Bitcoin surged 3.7% to $90,238**, while **Ethereum gained 3.2% to $3,025**, reflecting growing appetite for higher-risk investments.\n\nCurrency markets sharpened the signal. The US dollar weakened by 0.3% against a basket of peers, as sterling strengthened **0.5% to $1.32** and the euro edged **0.2% higher to $1.16**.\n\nIn the UK bond market, yields fell after Rachel Reeves’ Budget included tax increases, with **10-year gilt yields dropping seven basis points to 4.42%**, pointing to easing funding pressures.\n\nAsian markets followed the upbeat tone overnight. Japan’s **Nikkei 225 rose 1% to 50,069.33**, buoyed by expectations the Federal Reserve will cut rates at its December 10 meeting. In China, gains were more modest but steady, with **Hong Kong’s Hang Seng up 0.3%** and the **Shanghai Composite edging 0.1% higher**.\n\nOverall, the mood across global markets reflects a growing belief that central banks are shifting back towards easing — a development that investors hope will underpin growth into year-end."}