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Weekly Newsletter – 6th December , 2024

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A tech rally boosted major US indices to new highs in a week that was dominated by political news. The November jobs data was not too distant from expectations, reinforcing investor optimism that the Federal Reserve will cut interest rates in December. Oil prices fell amid concerns over weak demand. Indian and Japanese stocks saw gains, driven by shifts in foreign investor sentiment and comments from the Bank of Japan.

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ASAS Capital Limited is regulated by the Dubai Financial Services Authority ( “ DFSA”) and has its office at office 702, Emirates Financial Towers, Level 7, South Tower, DIFC, P.O.Box 506806. ASAS Capital Ltd is a company established in the Dubai International Financial Centre ( “ DIFC”) pursuant to DIFC Companies Law with registration number CL 0814. This information has not been reviewed by the DFSA. This information is intended for use only by Professional Clients and is not directed at Retail Clients as defined by the DFSA Rulebook. ASAS Capital Ltd is authorised in the DIFC to provide financial services only to clients who qualify as Professional Clients and Market Counterparties and not to Retail Clients.

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