VGK

Week Ahead: What Central Banks Say May Be More Important Than What They Do

The week ahead is chock full of central bank meetings. Gold experienced a significant drop below $2000 after reaching a record high above $2135. The US dollar fell by over 2.1% against the Japanese yen due to concerns the Bank of Japan would raise rates. WTI oil prices fell to their lowest level in five months.

EU Countries, Lawmakers Close To Clinching Provisional Deal On Artificial Intelligence Rules, Announcement Could Come In Next Hour, Sources Say

EU Expected To Adopt Further Sanctions Against Hamas In Coming Weeks

EU Antitrust Regulators Have Been Following Very Closely Situation Of Control Over OpenAI Before Recent Management Events; This Includes Following Microsoft's Role On OpenAI Board, Its Investment Agreements With OpenAI

Yen Stabilizes In A Broad Range But Focus Is On Today's U.S. Employment Report

U.s. Dollar is mostly firmer ahead of the november employment report. The yen is in a wide range against the japanese yen. The canadian and australian dollars are the strongest among the g10 currencies. Gold is trading in a narrow range and is down about 2% this week.

Asia Markets Mixed, Europe Up While Crude Oil Hovers Around $70 - Global Markets Today While Us Was Sleeping

U.s. Stock markets closed in green on thursday, with the dow jones and s&p 500 ending three-day losing streaks. Japan's nikkei 225 closed lower after revised gdp for q3. Initial jobless claims increased slightly to 220,000 in the week ending dec. 2.

China Forex Regulator Sai Will Relax Restrictions On Scale Of Preliminary Expenses For Overseas Direct Investment; Facilitate Capital Rules For Foreign Direct Investment

December's ECB Cheat Sheet: A Reality Check For Ultra-Dovish Expectations

Ecb will almost surely keep rates on hold at the december meeting. We suspect it will fall short of endorsing ultra-dovish expectations. There is some upside room for eur rates and the battered euro. Markets are pricing in 135bp of cuts in the next 12 months.