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Forex
US President Donald Trump confirms phone call with Venezuelan President Maduro
US President Donald Trump confirmed that he recently spoke by telephone with Venezuelan President Nicolas Maduro, but declined to reveal details, Reuters reported on Sunday.Key…
OPEC+ holds oil output steady, approves capacity mechanism
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed on Sunday to maintain oil output levels unchanged for the first quarter of 2026, Reuters…
China’s NBS Manufacturing PMI rises to 49.2 in November, Non-Manufacturing PMI eases to 49.5
China’s official Manufacturing Purchasing Managers' Index (PMI) rose to 49.2 in November, compared to 49.0 in the previous reading. The reading came in line with the the market…
Eurozone economy faces near-stagnation, ECB cautious on rate cuts – Rabobank
Rabobank's RaboResearch Global Economics & Markets report indicates a painfully slow manufacturing recovery in the Eurozone, with industrial confidence remaining weak. The…
Canada GDP surprised to the upside in Q3
Canada’s economy picked up speed in the July-September period. Indeed, the Gross Domestic Product (GDP) grew by 0.6% QoQ in the third quarter, reversing the previous 0.5%…
USD strengthens into month-end – Scotiabank
The US Dollar (USD) is entering Friday’s NA session with modest gains against most of the G10 currencies, supported by month end flows and a broader tone that appears somewhat…
Fine-tuning at OPEC+ rather than major changes – Commerzbank
At the semi-annual OPEC+ meeting, the focus is expected to be more on details rather than a change in the short-term production strategy. Oil prices are unlikely to be…
GBP/USD – Expected to rise to 1.3300
GBP/USD: Expected to rise to 1.33000 – UOB GroupThe Pound Sterling (GBP) is expected to rise to 1.3300, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.24-HOUR VIEW: "On…
CAD is holding on to weekly gain – Scotiabank
The Canadian Dollar (CAD) is soft, down a marginal 0.1% against the US Dollar (USD) as it performs relatively well against all of the G10 currencies with the exception of Japanese…
Gold and Silver prices climb on expected Fed easing – Commerzbank
Silver is approaching its record high, with Gold also rising, as markets price in further interest rate cuts and declining inventories in China boost momentum, Commerzbank's…