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EMERGING MARKETS-EM assets steady; Ukraine's GDP warrants surge after restructuring plan
Stocks up 0.3%, FX flatTurkey's 5-year credit default swap drops to lowest since 2018Poland's central bank widely expected to cut rates on WednesdayBy Twesha Dikshit Dec 2 (Reuters) - Emerging market equities ticked up slightly on Tuesday with investors continuing to monitor efforts to e...Reuters
Tue, Dec 2
GBP/USD: Starmer backs Reeves amid budget controversy – Commerzbank
Prime Minister Keir Starmer defended Chancellor Rachel Reeves and the Office for Budget Responsibility after a premature report release, stressing fiscal stability despite political criticism, Commerzbank's FX analyst Antje Praefcke notes.Fxstreet
Tue, Dec 2
Silver Price Forecast: XAG/USD wavers above $57.00 amid a brighter market mood
Silver’s (XAG/USD) rally was capped a few pips ahead of the $59.00 line on Monday, and the pair retreated on Tuesday’s Asian session before finding support at the $56.60 area and returning to levels beyond $57.00 on the early European trading session.
Fxstreet
Tue, Dec 2
Pound Sterling drops as UK PM Starmer supports lower interest rates
The Pound Sterling (GBP) trades slightly lower against its major peers on Tuesday as United Kingdom (UK) Prime Minister (PM) Keir Starmer stresses bringing inflation and interest rates down to boost business investment and economic growth.Fxstreet
Tue, Dec 2
EUR/USD: Limited U.S. data means no fresh dollar catalysts – Commerzbank
With key U.S. data still missing and the Fed in blackout, the US Dollar (USD) lacks drivers. Eurozone inflation should pose no challenge to ECB expectations, keeping markets range-bound and tilting the US Dollar (USD) slightly lower this week, Commerzbank's FX analyst Antje Praefcke notes.Fxstreet
Tue, Dec 2
GBP/JPY bounces up from lows, nears 206.00 as risk-aversion eases
The Pound is trading higher against the Japanese Yen on Tuesday. The pair has returned to the upper range of the 205.00s and is trading at 205.85 in the early London trading session, retracing losses from a nearly 0.7% sell-off to the 205.20 lows on Monday.
Fxstreet
Tue, Dec 2
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