Oil declined to around $71 on Monday morning after prices tried and failed to pump back above $74 last week. Headlines this morning from Saudi Arabia are pushing down prices, with state-owned Oil company Aramco offering discounts on several
Blogs
EUR/GBP to tick lower to 0.84 on a 12-month view – Rabobank
The Pound Sterling (GBP) was the second best performing G10 currency in 2023.
Chile Core Consumer Price Index (Inflation) (MoM): -0.4% (December) vs previous 0.7%
Chile Core Consumer Price Index (Inflation) (MoM): -0.4% (December) vs previous 0.7%
Chile Consumer Price Index (Inflation) (MoM) came in at -0.5% below forecasts (-0.1%) in December
Chile Consumer Price Index (Inflation) (MoM) came in at -0.5% below forecasts (-0.1%) in December
USD/INR seen at 81.00 by year-end – SocGen
The Indian Rupee (INR) registered modest gains vs. the US Dollar (USD) last week.
US Dollar will struggle to regain ground – Commerzbank
Antje Praefcke, FX Analyst at Commerzbank, analyzes USD reaction to US labour market data.
Euro area Retail Sales decline by 0.3% in November as expected
Retail Sales in the Euro area declined by 0.3% on a monthly basis in November, Eurostat reported on Monday.
Eurozone Business Climate fell from previous -0.39 to -0.45 in December
Eurozone Business Climate fell from previous -0.39 to -0.45 in December
Eurozone Consumer Confidence registered at -15 above expectations (-15.1) in December
Eurozone Consumer Confidence registered at -15 above expectations (-15.1) in December
Eurozone Services Sentiment: 8.4 (December) vs 4.9
Eurozone Services Sentiment: 8.4 (December) vs 4.9