News

Platinum hits $1,650, highest in over a month – Commerzbank

Platinum climbed to $1,650 this week as China launched physically settled futures and options, increasing transparency and attracting industrial, jewelry, and investor participation, Commerzbank's commodity analyst Carsten Fritsch notes.

Source  Fxstreet1764339137
Eurozone economy faces near-stagnation, ECB cautious on rate cuts – Rabobank

Rabobank's RaboResearch Global Economics & Markets report indicates a painfully slow manufacturing recovery in the Eurozone, with industrial confidence remaining weak.

Source  Fxstreet1764336674

Canada Gross Domestic Product Annualized came in at 2.6%, above forecasts (0.5%) in 3Q

Source  Fxstreet1764336636

Canada Gross Domestic Product (MoM) meets expectations (0.2%) in September

Source  Fxstreet1764336635

Canada Gross Domestic Product (QoQ) up to 0.6% in 3Q from previous -0.4%

Source  Fxstreet1764336602
Germany annual CPI inflation stays unchanged at 2.3% in November

Annual inflation in Germany, as measured by the change in the Consumer Price Index (CPI), remained unchanged at 2.3% in November's preliminary estimate, Germany's Federal Statistical Office reported on Friday. This reading came in below the market expectation of 2.4%.

Source  Fxstreet1764335168
Europe: Markets shrug off risks amid fiscal challenges and diplomatic shifts – Rabobank

According to Rabobank, European markets have shown remarkable resilience this week, shrugging off France's fiscal woes and the European Commission's Excessive Deficit Procedure for eight countries.

Source  Fxstreet1764335135

Mexico Jobless Rate s.a down to 2.6% in October from previous 2.7%

Source  Fxstreet1764331239

South Africa Trade Balance (in Rands) fell from previous 21.76B to 15.58B in October

Source  Fxstreet1764331226

Mexico Jobless Rate below expectations (2.8%) in October: Actual (2.6%)

Source  Fxstreet1764331205
USD/CNH: Likely to consolidate within a range of 7.0680/7.0880 – UOB Group

US Dollar (USD) is likely to consolidate within a range of 7.0680/7.0880. In the longer run, downward momentum remains strong; if USD breaks below 7.0600, the next level to watch is 7.0400, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Source  Fxstreet1764330089
France: Budget setback puts fiscal targets at risk – Rabobank

Rabobank's latest market comments highlight a significant political setback for the French government, as the National Assembly failed to finalize the 2026 draft budget's first reading.

Source  Fxstreet1764330007

India Bank Loan Growth up to 11.4% in November 10 from previous 11.3%

Source  Fxstreet1764329672

India Infrastructure Output (YoY) down to 0% in October from previous 3%

Source  Fxstreet1764329591
JPY: BoJ December hike probability tops 50% – MUFG

The prospect of a BoJ rate hike in December continues to grow with the OIS implied probability now creeping above the 50% level.

Source  Fxstreet1764328366

Ireland Retail Sales (YoY) dipped from previous 3.5% to 2.1% in October

Source  Fxstreet1764327802

Ireland Retail Sales (MoM): -0.5% (October) vs previous 0.2%

Source  Fxstreet1764327790

Italy Trade Balance non-EU increased to €5.321B in October from previous €2.738B

Source  Fxstreet1764327731

Portugal Gross Domestic Product (QoQ) meets forecasts (0.8%) in 3Q

Source  Fxstreet1764327629

Portugal Gross Domestic Product (YoY) in line with forecasts (2.4%) in 3Q

Source  Fxstreet1764327620

India Gross Domestic Product Quarterly (YoY) came in at 8.2%, above expectations (7.3%) in 3Q

Source  Fxstreet1764325868
Euro area: Model sees no November inflation surprise – Standard Chartered

Standard Chartered's inflation model uses surprise vs consensus for Spain core inflation to predict region-wide surprises. It predicts that euro-area core inflation for November will match the consensus estimate of 2.5% y/y.

Source  Fxstreet1764325589
USD/KRW: BoK neutral shift supports KRW – DBS

The BoK’s move to drop rate-cut language has offered the KRW some support, even as officials flag rising overseas investment by young Koreans and call for more cautious FX hedging by the national pension fund, DBS' Senior FX Strategist Chang Wei Liang notes.

Source  Fxstreet1764324464
JPY: Tokyo inflation slightly beats expectations – Commerzbank

The inflation figures for the Greater Tokyo Area published this morning, which are a reliable indicator of price developments across the country, came in slightly above expectations.

Source  Fxstreet1764324048

Italy Consumer Price Index (EU Norm) (YoY) fell from previous 1.3% to 1.1% in November

Source  Fxstreet1764324036

Italy Consumer Price Index (EU Norm) (MoM): -0.2% (November)

Source  Fxstreet1764324035

Italy Consumer Price Index (MoM) below expectations (-0.1%) in November: Actual (-0.2%)

Source  Fxstreet1764324035

Italy Consumer Price Index (YoY): 1.2% (November)

Source  Fxstreet1764324034

Greece Retail Sales (YoY) dipped from previous 3.9% to -1.7% in September

Source  Fxstreet1764324033

Greece Producer Price Index (YoY): -1.4% (October) vs previous -1.1%

Source  Fxstreet1764324031
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