Highlights for the morning: silver and copper break records, Robinhood enters Indonesia

Silver and copper are hitting records due to tight supply, inflows into ETFs and expectations of structural demand growth. Robinhood buys Indonesian broker and licensed crypto trader to enter the Indonesian market. On these and other topics - in our review of key events for the morning of December 8.

US President Donald Trump said that the merger of Netflix and Warner Bros. Discovery for $72 billion could raise antitrust objections because the combined market share would be too large, Bloomberg reports.

Trump said he is personally involved in the evaluation process and that "a large market share could be a problem" despite lobbying by Netflix chief Ted Sarandos. Netflix, on the other hand, is expected to insist that the competitive analysis should include YouTube and TikTok, which would reduce the visibility of its dominance, the agency points out.

Silver nearly doubled in 2025 and sharply overtook gold amid supply shortages, rising demand from India and inflows into silver-backed exchange-traded funds, Bloomberg reports. Volatility has reached 2021 levels, Comex options are experiencing a surge in buying and retail traders are entering the market en masse. Analysts note that the rally has become almost parabolic, and forecasts of further movement are highly uncertain: the range of expectations varies from $60 to $85 per ounce.

Copper is also updating records thanks to demand from electrification projects, AI data centers and green energy. The market was boosted by the Trump administration's duty decisions, which created a price gap between New York and London and led to record shipments of the metal to the US.

Robinhood has announced the purchase of Indonesian broker Buana Capital Sekuritas and licensed crypto trader Pedagang Aset Kripto, giving it an opening into one of Southeast Asia's largest crypto markets, Reuters reports. Indonesia is one of the world's leading adopters of digital assets due to regulation and a young tech-savvy audience, the agency notes.

The purchase of licensed players accelerates Robinhood's entry into the market and allows it to launch equity and cryptocurrency trading faster, Reuters explains. The deal, the financial details of which were not disclosed, is expected to close in the first half of 2026; the owner of both companies, Peter Tanuri, will remain a strategic advisor to Robinhood.

Yields on long-term U.S. Treasury securities continue to rise, although the Fed has already cut the rate several times, Bloomberg reports.

Analysts explain it by the fact that markets have taken into account in advance the reversal of the Fed's policy, inflation remains elevated, and the economy - stable, so there is no reason to expect a sharp decline in yields. In addition, growing risks - from high inflation to the increase in government debt - require investors to pay a higher premium for long-term liabilities, the agency points out. Additional pressure is created by the fear that Donald Trump will push the Fed to even more rapid rate cuts, undermining its independence, the agency points out.

- Japan's broad Topix index rose 0.54% in Dec. 8 trading, while the Nikkei 225 was little changed.

- Hong Kong's Hang Seng Index meanwhile lost 1.05%, while mainland China's CSI 300 index rose 0.97%.

- In South Korea, the Kospi index added 0.75% on Dec. 8, while the Kosdaq was little changed.

- Australia's S&P/ASX 200 was falling 0.12 percent.

- Futures on the S&P 500 rose by 0.17% on the premarket, futures on the Nasdaq Composite - by 0.25%. Exchange contracts on the Dow Jones Industrial Average were almost unchanged.

This article was AI-translated and verified by a human editor