EUR/USD
1.16831
-0.252%
Gold
4435.19
2.907%
Oil
57.167
1.218%
USD/JPY
156.719
-0.176%
GBP/USD
1.34500
-0.381%
GBP/JPY
210.793
0.027%
Real-time News
On January 5th, German Foreign Minister Karl-Heinz Wadsworth stated that the United States must provide a legal basis for its military actions, and he called on the US to increase transparency regarding Venezuela. Wadsworth said he hoped the US would "not only respect international law, but also explain to us and everyone else the basis for its actions." The US launched a large-scale military operation against Venezuela in the early hours of January 3rd, raiding the Venezuelan capital, Caracas, and forcibly taking President Maduro and his wife into custody and deporting them. Venezuela, Colombia, Cuba, Russia, and many other countries have strongly condemned the operation.According to The Times, economists predict that the UK unemployment rate could reach its highest level in 11 years in 2026, at which point at least two interest rate cuts will be needed to stimulate growth and offset the Chancellors tax increases.The China Earthquake Networks Center officially reported that a magnitude 3.4 earthquake occurred at 17:50 on January 5 in Shaya County, Aksu Prefecture, Xinjiang (40.61 degrees north latitude, 83.69 degrees east longitude), with a focal depth of 22 kilometers.January 5th - Default protection costs for Eurozone credit remained low as markets remained calm following the US arrest of the Venezuelan president over the weekend. "The market will primarily digest the consequences of the action against Venezuela," noted Basvan Geffen of Rabobank in a report. Data from S&P Global Market Intelligence showed that the iTraxx Europe Main Index, which measures Eurozone investment-grade credit default swaps, was flat at 50 basis points. Meanwhile, the iTraxx Europe Cross Index, which measures Eurozone high-yield CDSs, fell 2 basis points to 242 basis points.According to TankerTrackers.com, more than a dozen oil tankers fully loaded with oil left Venezuelan waters with their positioning systems turned off, breaking through the US blockade.
