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REFILE-German government bond yields edge up toward 9-month highs
German bond yields rise as investors anticipate euro zone rate hikeECB not expected to deliver any change in ratesUS rate cuts widen opportunity for euro debt investments, strategists sayBy Amanda Cooper and Stefano Rebaudo LONDON, Dec 12 (Reuters) - German government bond yields rose on Friday a...Reuters
Fri, Dec 12
China's November new loans miss forecast as housing slump persists
November new loans at 390 bln yuan, vs forecast 500 bln yuanNew loans dragged down by weak household borrowingNovember outstanding yuan loan growth at record lowChinese leaders pledge more stimulus next yearBy Shi Bu and Kevin Yao BEIJING, Dec 12 (Reuters) - China’s new bank loans rose less t...Reuters
Fri, Dec 12
USD extends decline as jobless claims spike to highest Since Mar-2020 – OCBC
The US Dollar (USD) continued to slide, pressured by a jump in initial jobless claims to 236k—the largest weekly rise since March 2020—and lingering softness in the labor market, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Fri, Dec 12
US inflation may slow, but the affordability debate is likely to keep raging
Fed expects inflation to cool, but cost of living concerns persistHousing market struggles with chronic undersupply, mortgage rates remain highConsumer sentiment sours due to high prices, despite wage growth outpacing inflationBy Howard Schneider WASHINGTON, Dec 12 (Reuters) - Even if overall inf...Reuters
Fri, Dec 12
EU set to indefinitely freeze Russian assets, removing obstacle to Ukraine loan
EU wants to use frozen Russian assets for loan to UkraineRussian central bank says such a move would be illegalEU wants to freeze Russian assets indefinitelyIt currently must roll over the freeze every six months By Jan Strupczewski BRUSSELS, Dec 12 (Reuters) - The European Union looked set on Fr...Reuters
Fri, Dec 12
Kremlin suggests it may not like new Ukraine peace proposals after recent U.S.-Ukraine talks
MOSCOW, Dec 12 (Reuters) - Kremlin foreign policy aide Yuri Ushakov said on Friday that Moscow has not seen revised U.S. proposals made after the most recent talks with Ukraine, but that it may not like parts of them.Ukrainian President Volodymyr Zelenskiy said on Wednesday Kyiv had agreed on key po...Reuters
Fri, Dec 12
China's November new bank loans rise to 390 billion yuan, missing forecast
BEIJING, Dec 12 (Reuters) - Chinese banks extended 390 billion yuan ($55 billion) in new loans in November, up from 220 billion yuan in October but missing expectations, according to Reuters calculations based on data from the People's Bank of China on Friday.The figure was below the 500 billion...Reuters
Fri, Dec 12
UK economy stumbled during bumpy run-up to budget
UK GDP declines by 0.1% in three months to OctoberEconomists polled by Reuters had expected flat readingData underscored tough picture for Reeves ahead of budgetRetailers struggled in October, car output fails to rebound muchBy Andy Bruce and Suban Abdulla MANCHESTER, England, Dec 12 (Reuters) - ...Reuters
Fri, Dec 12
EXCLUSIVE-India frees up visas for Chinese professionals in key step to boost ties
India to issue Chinese business visas within a month -officialsCurbs cost an estimated $15 billion in lost electronics outputIndia reworks China ties amid U.S. tariffs to lure foreign investorsChina says noticed India's 'positive action' on business visasBy Nikunj Ohri and Shivangi Acha...Reuters
Fri, Dec 12
