EUR/USD
1.05330
0.209%
Gold
1797.48
-0.300%
Oil
80.171
-1.412%
USD/JPY
134.303
-0.743%
GBP/USD
1.22817
0.371%
GBP/JPY
164.956
-0.376%
Real-time News
The Ministry of Defense of Belarus announced that Belarus and Russia have signed an agreement to jointly ensure regional security in the military field.ING Bank: South Koreas sharp decline in November inflation was not enough to dispel the concerns of the Bank of Korea. South Koreas CPI annual rate fell sharply from 5.7% to 5% in November, but this is unlikely to change the Bank of Koreas policy stance. Bank of Korea Governor Changyong Rhee already mentioned last month that the base effect leading to a temporary slowdown in CPI inflation would not change the banks inflation outlook. In addition, South Koreas core inflation rate remains high. Therefore, the Bank of Korea is expected to maintain its policy of raising interest rates until early next year. ING believes electricity and gas prices will rise early next year, but growth in rents and service prices should slow. Therefore, inflation for the whole of next year is likely to weaken further. ING insists that the Bank of Korea will pause rate hikes until the second quarter of 2023 after a 25 basis point hike in February next year.Iraqi Oil Ministry statement: The Iraqi Oil Minister said OPEC members were committed to reaching agreed production levels by the end of 2023.U.S. Central Command: Fishing trawler smuggling ammunition, fuzes and rocket propellant seized in Gulf of Oman on sea route from Iran to Yemen.According to TASS: The Kremlin said that Russia will not accept the oil price ceiling agreed by Western countries.
