EUR/USD
1.18006
0.344%
Gold
4486.13
0.965%
Oil
58.016
0.200%
USD/JPY
155.895
-0.720%
GBP/USD
1.35093
0.352%
GBP/JPY
210.556
-0.387%
Real-time News
On December 23, Monex Europe analysts noted in a report that the pounds current rally may soon lose momentum due to persistent potential economic headwinds. With a lack of UK economic data and many market participants absent for the Christmas holidays, the pounds movements are more broadly driven by risk appetite. Looking further ahead, forecasts for 2026 include further policy easing by the Bank of England against the backdrop of a cooling UK economy, a factor that should limit the pounds gains in the new year.A Spanish government spokesperson said that the minimum pension will be increased by more than 7% next year.December 23 - According to Econostream, European Central Bank (ECB) Governing Council member Stournaras stated that the ECB is currently in a "good position," but must be prepared to adjust monetary policy settings in either direction as needed. "If the situation at the ECB is better or worse than expected, we will take appropriate action."The Bank of Spain expects fourth-quarter GDP growth to be 0.6%-0.7%, higher than the previous quarter; it also projects GDP growth of 2.9% for fiscal year 2025, higher than the previous forecast of 2.6%. Furthermore, it has revised its 2026 GDP growth forecast upward from 1.8% to 2.2%, and projects 2027 GDP growth of 1.9%, higher than the previous forecast of 1.7%.The Bank of Spain projects inflation at 2.7% in 2025 and 2.1% in 2026 (previously 1.7%). It has lowered its 2027 inflation forecast to 1.9%, from a previous estimate of 2.4%.
