Morning Bid: A far from quiet end to the year 

LONDON, Dec 1 (Reuters) - A look astatine the time up successful U.S. and planetary markets by Dhara Ranasinghe, Editor, Financial Markets EMEA.

What matters successful U.S. and planetary markets today.

Trade successful the last period of a turbulent 2025 is underway ​and the readout from markets is that it's improbable to beryllium a quiescent extremity to the year.

Also, cheque retired the latest occurrence of the caller Morning ‌Bid regular podcast. Subscribe to perceive Reuters journalists sermon the biggest quality successful markets and concern 7 days a week.

For much from Mike Dolan, cheque retired his file contiguous connected however White House advisor Kevin Hassett ‌could go the Federal Reserve's "shadow chair" for 5 months.

Today's Market Minute

* U.S. and Ukrainian officials held what some sides calledproductive talks connected Sunday astir a Russia bid deal, withSecretary of State Marco Rubio expressing optimism aboutprogress contempt challenges to ending the much than 3-year-longwar. * Asia's manufacturing powerhouses struggled with sluggishdemand successful November, extending declines successful mill enactment asprogress successful U.S. commercialized negotiations failed to construe into a important betterment successful orders. * Airbus fleets were returning towards mean operations connected Monday aft the European planemaker pushed throughabrupt bundle changes faster than expected, arsenic it wrestledwith information headlines agelong focused connected rival Boeing. * European countries are loosening their strict oppositionto caller lipid and state drilling, reversing years of climate-drivenresistance to fossil fuels arsenic governments question to trim a heavyreliance connected costly vigor imports, including from the U.S, writes ROI Energy Columnist Ron Bousso. * China financed and built Indonesia's nickel industry,transforming it into the world's largest shaper successful a decadebut present they are not truthful definite it needs each that nickel arsenic itselectric conveyance manufacturers pivot distant from nickel-chemistrybatteries, writes ROI Metal Columnist Andy Home.

A acold from quiescent extremity to the year

Everywhere you look the risks are stacking up hard and fast, but for now, let's instrumentality to the contiguous horizon.

If bitcoin tin beryllium seen arsenic a proxy for Wall Street, past Monday's 5% driblet successful the crypto currency backmost beneath $90,000 does not bode well.

The currency is acceptable for its biggest one-day autumn successful astir a month, fitting successful with the hazard disconnected mode taking clasp crossed ⁠world markets, with Asian and European shares little and U.‌S. equity futures pointing decidedly down.

There doesn't look to beryllium a azygous catalyst for the risk-off mood, though for immoderate the reply lies successful the heaviest selling successful Japanese authorities bonds successful 4 months connected the imaginable of a Bank of Japan complaint hike arsenic ‍early arsenic this month.