China to Suspend Rare-Earth Curbs, US Chip Firm Probes; Oil Fluctuates | Bloomberg Brief 11/03/2025

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US equity futures are rallying as oil prices fluctuate due to OPEC+'s decision to pause output hikes, while China eases restrictions on rare-earth metals and US chip companies. The market is anticipating oversupply in oil. Alphabet is set to issue euro-dominated bonds to fund AI expansion.

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US equity futures rally as oil swings after OPEC+ announces plans to pause its output hikes next quarter on anticipation of slowing demand, while the market is seen headed for oversupply. China will effectively halt additional export curbs on rare-earth metals and end its investigations into US chip companies, according to the White House. Alphabet is set to sell at least $3.5 billion of euro-dominated bonds to fund its AI expansion. Thierry Wizman of Macquarie discusses the Fed's rate path forward amid 'sticky' inflation. (Source: Bloomberg)

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