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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
USD/CNH extends decline as CNY fix hits 14-month low – OCBC
USD/CNH continues to drift lower amid a softer US Dollar (USD) and another strong CNY fix, with the PBoC guiding the RMB along a controlled appreciation path.
Fxstreet
Fri, Dec 12
Nasdaq 100 tests key resistance at 25,890 – Société Générale
The Nasdaq 100 is stabilizing after breaking its descending channel and retaking the 50-DMA, but momentum is capped near the 25,890 gap, Société Générale's FX analysts note.
Fxstreet
Fri, Dec 12
United Kingdom Consumer Inflation Expectations dipped from previous 3.6% to 3.5%
United Kingdom Consumer Inflation Expectations dipped from previous 3.6% to 3.5%
Fxstreet
Fri, Dec 12
China: Refocusing on longer-term transformation – Standard Chartered
Recent policy meetings suggest China has moved away from tariff-related emergency response mode. Upgrading and rebalancing gaining importance in the policy agenda to foster self-sustained growth.
Fxstreet
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
Brent nears key October support at $60.10 – Société Générale
Brent is drifting toward October’s $60.10 support, with only limited rebound potential amid persistent failure at the 200-DMA, Société Générale's FX analysts note.
Fxstreet
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
China New Loans up to 390B in November from previous 220B
China New Loans up to 390B in November from previous 220B
Fxstreet
Fri, Dec 12
China M2 Money Supply (YoY) fell from previous 8.2% to 8% in November
China M2 Money Supply (YoY) fell from previous 8.2% to 8% in November
USD/CNH
Fxstreet
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
Swiss companies repatriated 11 bln CHF from foreign subsidiaries last year
Dec 12 (Reuters) - The Swiss National Bank said on Friday that Switzerland-based companies repatriated 11 billion Swiss francs ($14 billion) from their subsidiaries abroad in 2024.($1 = 0.7944 Swiss francs)
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
Spain Harmonized Index of Consumer Prices (MoM) meets forecasts (0%) in November
Spain Harmonized Index of Consumer Prices (MoM) meets forecasts (0%) in November
Fxstreet
Fri, Dec 12
Spain Consumer Price Index (MoM) in line with expectations (0.2%) in November
Spain Consumer Price Index (MoM) in line with expectations (0.2%) in November
Fxstreet
Fri, Dec 12
Spain Consumer Price Index (YoY) meets forecasts (3%) in November
Spain Consumer Price Index (YoY) meets forecasts (3%) in November
Fxstreet
Fri, Dec 12
Spain Harmonized Index of Consumer Prices (YoY) registered at 3.2% above expectations (3.1%) in November
Spain Harmonized Index of Consumer Prices (YoY) registered at 3.2% above expectations (3.1%) in November
Fxstreet
Fri, Dec 12
France Inflation ex-tobacco (MoM) declined to -0.2% in November from previous 0.1%
France Inflation ex-tobacco (MoM) declined to -0.2% in November from previous 0.1%
Fxstreet
Fri, Dec 12
German inflation confirmed at 2.6% in November
BERLIN, Dec 12 (Reuters) - German inflation rose to 2.6% in November, the federal statistics office said on Friday, confirming preliminary data.Inflation, or consumer prices harmonised to compare with other European Union countries, stood at 2.3% year-on-year in October.The statistics office gives m...
Reuters
Fri, Dec 12
United Kingdom Total Trade Balance: £-4.824B (October) vs previous £-1.094B
United Kingdom Total Trade Balance: £-4.824B (October) vs previous £-1.094B
Fxstreet
Fri, Dec 12
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