EUR/USD
1.17364
-0.015%
Gold
4271.53
-0.193%
Oil
57.854
0.194%
USD/JPY
155.682
0.079%
GBP/USD
1.33924
0.049%
GBP/JPY
208.500
0.130%
Real-time News
On December 12th, Mohammed Elmi, Chief Portfolio Manager of Emerging Markets Bonds at Hermès Investment Management, stated that emerging markets are likely to continue enjoying a loose financing environment in 2026 due to a weaker dollar and the possibility of further interest rate cuts by the Federal Reserve. Elmi pointed out that Trump has repeatedly expressed his desire for the Fed to cut rates more quickly and significantly. With current Fed Chairman Powells term ending in May 2026, Trump has the opportunity to appoint a chairman more aligned with his policy priorities. Elmi stated that a weaker dollar has become one of the main themes for 2025, with the dollar having fallen by approximately 8.2% so far this year. He added, "Further rate cuts could put further downward pressure on the dollar."Indonesias chief negotiator with the US: Indonesia hopes to complete tariff negotiations with the US by the end of this year.December 12 - At approximately 12:21 PM Japan time on December 12, a 5.6-magnitude earthquake struck off the east coast of Aomori Prefecture, with the strongest tremor felt at an intensity of 3.On December 12th, the overnight SHIBOR was reported at 1.2790%, down 0.40 basis points; the 7-day SHIBOR was reported at 1.4510%, up 1.90 basis points; the 14-day SHIBOR was reported at 1.5090%, up 0.90 basis points; the 1-month SHIBOR was reported at 1.5250%, up 0.10 basis points; and the 3-month SHIBOR was reported at 1.5850%, up 0.10 basis points.December 12th - According to a report by Nikkei Asia citing sources, TSMC is considering switching its Kumamoto Fab 2 process to the more advanced 4nm technology due to declining demand for 6nm and 7nm chips, originally planned for production, as major clients like Nvidia have begun to switch to more advanced chips. This move could delay mass production and require redesign of the plant, potentially forcing a postponement of the planned mass production by the end of 2027. Nikkei reports that construction at the Kumamoto Fab 2 has suddenly halted, with almost all large construction equipment absent, and suppliers have confirmed receiving notices of the work stoppage. TSMC has neither confirmed nor denied the news of the Kumamoto Fab 2 shutdown, stating only that the Japanese project will continue and that the company will not comment on market rumors or speculation.