Real-time News

According to Nikkei, Uber will invest $2 billion in Japan over the next five years.

Fitch Ratings: Closed-loop business consolidation in the German life insurance industry will accelerate in 2026.

Iraq's State Oil Marketing Organization (SOMO) announced that Iraq will set the official selling price for its January Basra Medium crude oil to North and South American markets at a premium of $1.15 per barrel over Argus Sour crude.

Iraq's State Oil Marketing Organization (SOMO) announced that Iraq will set the official selling price of its Basra medium crude oil to Asia in January at a premium of $1.05 per barrel over the Oman/Dubai average.

Warner Bros. Discovery Inc. (WBD.O) rose 1.5% in pre-market trading, after gaining nearly 11% in the previous two trading days.

According to RIA Novosti, the Russian Ministry of Defense stated that Russian troops have captured the OSTAPIVSKE settlement in the Dnipropetrovsk region of Ukraine.

Bank of Japan Governor Kazuo Ueda: I am confident that the G7 can act in a coordinated manner in a crisis.

December 9th - According to the Japan Meteorological Agency, a magnitude 5.3 earthquake struck off the east coast of Aomori Prefecture, Japan, at approximately 18:09 local time on December 9th. The maximum intensity was 3, and the epicenter was at a depth of 50 kilometers. There is no risk of a tsunami.

The money market estimates that there is about a 58% probability that the European Central Bank will raise interest rates once in March 2027.

Bank of Japan Governor Kazuo Ueda: Policy will be adjusted if inflation accelerates rapidly.

Polish central bank board member Duda stated that it's necessary to wait a while before cutting interest rates to assess the impact of previous cuts on the economy. In his view, a decision on another rate cut won't be made soon, and he doesn't think it will be made in January. The room for further rate cuts is narrowing; the target main interest rate is between 3.5% and 3.75%.

Bank of Japan Governor Kazuo Ueda: How exchange rate fluctuations will affect our inflation outlook is a very important question for us.

Bank of Japan Governor Kazuo Ueda: Exchange rates should follow fundamentals.

Bank of Japan Governor Kazuo Ueda: We are indeed closely monitoring the Bank of Japan’s exposure to non-bank financial institutions outside Japan.

Bank of Japan Governor Kazuo Ueda: Japan's financial system remains generally stable.

Bank of Japan Governor Kazuo Ueda: Achieving medium- to long-term fiscal sustainability is the government's responsibility.

Bank of Japan Governor Kazuo Ueda: We are closely monitoring whether food inflation and the weakness of the yen will change inflation expectations.

Bank of Japan Governor Kazuo Ueda: We do not see a very high risk of inflation at present, especially since core inflation has not accelerated due to fiscal stimulus.

December 9th - Gold prices remained largely stable amid increased uncertainty surrounding the Federal Reserve's interest rate outlook beyond December. With the market firmly anticipating a 25 basis point rate cut this week, investor attention is entirely focused on Chairman Powell's speech and the pace of any further easing. Analysts at Peak Trading Research stated, "The market expects a 'hawkish rate cut,' meaning that along with the rate cut, the Fed will issue guidance indicating a possible pause in further easing to ensure inflation doesn't rebound."

New York silver futures touched $59 per ounce, up 1.02% on the day.