United Kingdom Consumer Inflation Expectations dipped from previous 3.6% to 3.5%

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.

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.

Litecoin (LTC) price steadies above $80 at press time on Friday, following a reversal from the $87 resistance level on Wednesday. Derivatives data suggests a bullish positional buildup while the LTC futures Open Interest declines, flashing a long squeeze risk.

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $64.16 per troy ounce, up 0.94% from the $63.56 it cost on Thursday.

The USD/CAD pair extends its losing streak for the fourth trading day on Friday. The Loonie pair trades 0.1% lower to near 1.3750 during the European trading hours.

China New Loans up to 390B in November from previous 220B

China M2 Money Supply (YoY) fell from previous 8.2% to 8% in November

EUR/USD posts marginal losses, trading at 1.1735 on Friday after pulling back from its highest levels in more than two months at 1.1762 reached on Thursday.

The Pound Sterling (GBP) faces selling pressure against its major peers on Friday following the release of the United Kingdom (UK) Gross Domestic Product (GDP) data for October. The GDP report showed that the economic growth contracted again by 0.1%, missing expectations of a 0.1% expansion.

Spain Consumer Price Index (MoM) in line with expectations (0.2%) in November

Spain Harmonized Index of Consumer Prices (MoM) meets forecasts (0%) in November

Spain Consumer Price Index (YoY) meets forecasts (3%) in November

Spain Harmonized Index of Consumer Prices (YoY) registered at 3.2% above expectations (3.1%) in November

France Consumer Price Index (EU norm) (MoM) in line with expectations (-0.2%) in November

France Consumer Price Index (EU norm) (YoY) meets forecasts (0.8%) in November

France Inflation ex-tobacco (MoM) declined to -0.2% in November from previous 0.1%

Here is what you need to know on Friday, December 12:

West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $57.76 per barrel, up from Thursday’s close at $57.68.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $61.35 price posted on Thursday, and trading at $61.41.

United Kingdom Total Trade Balance: £-4.824B (October) vs previous £-1.094B

United Kingdom Trade Balance; non-EU down to £-10.255B in October from previous £-6.816B

Turkey Current Account Balance came in at $0.457B, above forecasts ($0.4B) in October

United Kingdom Index of Services (3M/3M) below forecasts (0.1%) in October: Actual (0%)

United Kingdom Trade Balance; non-EU down to £-10.255B in October from previous £-6.816B

Germany Consumer Price Index (YoY) in line with forecasts (2.3%) in November

United Kingdom Goods Trade Balance below forecasts (£-19.3B) in October: Actual (£-22.542B)

Germany Consumer Price Index (MoM) meets forecasts (-0.2%) in November