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<p>Both of these speeches are at the Sixth ECB biennial conference on "Fiscal Policy and EMU Governance" in Frankfurt</p><ul><li>08:30 US Eastern time / 13:30 GMT: ECB board member Isabel Schnabel chairing keynote lecture</li><li>10:00 US Eastern time / 15:00 GMT: ECB board member Philip Lane chairing p

<p>The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.</p><ul><li>USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.</li><li>CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.</li>

<p>People's Bank of China USD/CNY reference rate is due around 0115 GMT.</p><p>The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan

<p>Biden and first lady Jill Biden are safe. The motorcade was stopped at the time and the two were not in a car but had just emerged from the Biden-Harris 2024 headquarters in downtown Wilmington, Delaware. </p><p>The vehicle crashed into a Secret Service SUV that was blocking the street as Biden exited the building. </p>&l

<p>Temperatures in parts of China have hit their lowest levels since records began according to reports from State Media. </p><p>China's agriculture ministry has launched an emergency response. </p><p>China's national disaster prevention body issued a directive to local authorities to prepare emergency plans,

<p>I posted earlier on Goldman Sachs ratcheting a little lower its Brent crude oil projection for 2024:</p><ul><li><a href="https://www.forexlive.com/news/goldman-sachs-trims-2024-brent-crude-oil-forecast-expects-range-bound-trading-20231218/" target="_blank" rel="follow" data-article-link=&q

<p> Singapore Non-Oil Exports for November +1.0% y/y </p><ul><li>expected +2.3%, prior -3.5%</li></ul><p>For the m/m +0.3%</p><ul><li>expected +0.2%, prior +3.4%</li></ul><p>Singapore Non-oil Domestic Exports (NODX) measures the value of goods exported from Singapore excl

<p>Goldman Sachs have trimmed their range forecast for Brent crude oil in 2024:</p><ul><li>to USD 70-90/barrel (this is lower by USD 10/bbl)</li><li>project higher supply from the US</li></ul><p>GS cite that they now expect only a small deficit, less elevated long-dated prices. Expect 2024 to br

<p> Both South Korea and Japanese authorities with the reports.</p><p>As I post the reports says its still in flight.</p><p>There were earlier reports of other firings over the weekend, toward waters off North Korea's east coast.</p> This article was written by Eamonn Sheridan at www.forexlive.com.