EUR/USD
1.16609
0.311%
Gold
4204.05
-0.040%
Oil
59.245
1.379%
USD/JPY
155.432
-0.277%
GBP/USD
1.32864
0.562%
GBP/JPY
206.519
0.301%
Real-time News
The euro rose to a one-month high against the dollar (EUR/USD), currently trading at 1.1678. The pound rose to a one-month high against the dollar (GBP/USD), currently trading at 1.3294.Ubers (UBER.N) CEO plans to travel to Asia next week, visiting Japan and South Korea. During the trip, he will meet with government officials, business leaders, and Uber employees.December 3 – European Central Bank Chief Economist Lane said on Wednesday that several “upside surprises” have recently occurred in eurozone inflation, raising questions about the ECB’s expectation that inflation will fall early next year. Speaking at an event, Lane noted, “Inflation risks are not one-way; we have recently observed some upside surprises.” He added, “Due to lower energy prices, we had clearly predicted that inflation would fall below the target level, especially in the first few months of next year. But since then, some data have actually moved in the opposite direction, and these changes constitute a moderating factor in our current forecast.”Bank of America Global Research has raised its price target for Amazon (AMZN.O) to $303.00, up from $272.00 previously.December 3rd - Official Swiss data showed that Switzerlands inflation rate unexpectedly slowed by 0.1 percentage point in November, falling to 0%, slightly below expectations. Economists said on Wednesday that despite the lower-than-expected inflation rate, falling to the lower end of the Swiss National Banks (SNB) target range, the SNB will maintain its zero-interest-rate policy next week and throughout 2026, rather than opting for negative interest rates. J.Safra Sarasin economist Karsten Junius stated, "There is no need to adjust policy." Rudolf Minsch, chief economist of the Swiss Economic Union, a major Swiss business lobbying group, also predicts that the SNB will maintain zero interest rates next week and throughout 2026, while Switzerlands inflation rate will rise to around 0.4% next year. He said, "Negative interest rates would also have adverse effects and should only be used when urgently needed, but we havent seen that."
