🇺🇸 Binance chief Changpeng Zhao stepped down and pleaded guilty to breaking U.

S. anti-money laundering laws as part of a $4.3 billion settlement resolving a years-long probe into the world's largest crypto exchange, prosecutors said on Tuesday.
🇺🇸 U.S. existing home sales dropped to the lowest level in more than 13 years in October as the highest mortgage rates in two decades and a dearth of houses drove buyers from the market.
🇺🇸 Minutes released on Tuesday showed that Fed officials agreed at their last meeting they could take a cautious approach to raising rates moving forward, and would only need to increase them if incoming information showed insufficient progress in lowering inflation.
⛽ The global oil market will see a slight surplus of supply in 2024 even if the OPEC+ nations extend their cuts into next year, the head of the International Energy Agency's (IEA) oil markets and industry division told Reuters on Tuesday.
🇮🇱 🇵🇸 Israel and Hamas appeared to be edging close to a deal that would allow the release of some of the 240 captives held in Gaza in exchange for some Palestinian prisoners held by Israel. The exchange would take place during what would be a brief pause in the war.
🇺🇸 U.S. stocks slid as traders assessed the latest Federal Reserve meeting minutes, where officials gave no indication of interest rate cuts.
* Dow 35,088 (-62/-0.18%)
* S&P 4,538 (-9/-0.20%)
* Nasdaq 14,199 (-84/-0.59%)
🇬🇺 European markets ended the day mixed Tuesday as investors remained in wait-and-see mode.
⛽ Oil prices ended near flat after rallying for two sessions, with investors cautious ahead of Sunday's scheduled OPEC+ meeting, when the producer group may discuss deepening supply cuts due to slowing global economic growth.
* Crude oil $77.77 (-0.06)
* Brent crude $82.45 (+0.13)
👑 Gold hurdled over the $2,000 mark, buoyed by expectations that the Federal Reserve had reached an interest rate peak after minutes from the U.S. central bank’s latest meeting anchored a cautious approach to more hikes. U.S. gold futures settled 1.1% higher at $2,001.60.
🌴 Fitch Ratings predicted crude palm oil prices will be significantly lower in 2024 as output could rise due to favourable weather. The Roundtable on Sustainable Palm Oil (RSPO) said on Tuesday it is developing a new system to trace palm's origin and environmental credentials in response to demands by buyers for proof of sustainability.
🌴 FCPO Feb (RM3,952, +18) rose for a second session on Tuesday, buoyed by low production and signs of an increase in Chinese soy demand, although easing exports capped the gains. China's soybean imports from Brazil rose 71% in October from a year earlier, data showed on Monday, boosted by cheaper prices following robust harvest. Indonesian exports of palm oil in September were down 21% from the same month last year, data from the Indonesia Palm Oil Association (GAPKI) showed on Tuesday. The Malaysian ringgit MYR=, palm's currency of trade, strengthened 0.3% against the dollar.