EUR/USD
1.16652
-0.045%
Gold
4193.63
-0.224%
Oil
59.046
0.250%
USD/JPY
155.131
-0.059%
GBP/USD
1.33353
-0.127%
GBP/JPY
206.879
-0.172%
Real-time News
On December 4th, Foshan auctioned off a residential land parcel in Nanhai District. The land is designated for urban residential use, compatible with retail, catering, and hotel uses. The total land area is 52,741.15 square meters, with a planned building area of 126,578.76 square meters and a plot ratio of 2.4. The starting price was 1.266 billion yuan, with a starting floor price of 10,000 yuan per square meter. The land was won by Poly South China Industrial Co., Ltd. (Poly Development) at the reserve price of 1.266 billion yuan.Switzerlands seasonally adjusted unemployment rate for November will be released in ten minutes.Musk: The Cybertruck is an amazing car. Its the best car weve ever made at Tesla (TSLA.O).December 4th - The dollar remained weak after hitting a five-week low in the previous session, as US data and news regarding the next Federal Reserve chair boosted expectations of a rate cut ahead of next weeks interest rate decision. On Wednesday, the ADP private sector employment report was weaker than expected, while ISM services data showed some easing price pressures. These data were released after Trump hinted that he would nominate Hassett as the next Fed chair. LSEG data showed the market was pricing in an 85% probability of a Fed rate cut in December.December 4th - Turkey is seeking to invest in the US oil and gas sector while accelerating a comprehensive overhaul of its energy portfolio, which has so far been largely built around US liquefied natural gas (LNG). Turkish Energy Minister Alparslan Bayraktar stated that Turkish Petroleum (TPP) is in talks with Chevron, ExxonMobil, and other major US companies to secure positions in upstream assets as part of Turkeys plan to expand its growing LNG exposure. He said an announcement could be made as early as next month. This plan adds a new dimension to Turkeys expanding relationship with the US, which has become Ankaras primary long-term gas supplier. Turkey is seeking to secure access to this critical fuel to support its energy-hungry $1.4 trillion economy and to diversify its sources, reducing its dependence on Russia and Azerbaijan.
