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Although Brent oil prices fell below the level of $79 per barrel, strategists at Internationale Nederlanden Groep (ING) expect that they will climb to $104 per barrel next year.

On the agenda are UK GDP, the UK's trade balance and production, the state of the budget and US 10-year note auction, as well as Mexico's production.

The BOJ is set to release the results of a quarterly assessment of business conditions in Japan on December 14 at 8:50 a.m. local time (December 13 at 23:50 GMT). It is also slated to report its monthly trade data on December 15. at 8:50 a.m. (December 14 23:50 GMT).

According to economists’ forecasts, the European Central Bank (ECB) will raise interest rates at least twice more in order to fight high inflation. One of these hikes will be taken as early as next week.

Chinese President Xi Jinping said during his visit to the kingdom that China is ready to increase the turnover of oil trade with Saudi Arabia. In this way, ties between the two countries have been strengthened.

Gasoline prices in the US are lower than they were a year ago. Lower fuel prices will provide a relief for Americans, who face the worst inflation in decades in 2022.

Australia is going to put a cap on domestic energy costs and spend around 1.5 billion Australian dollars ($1 billion) on energy bills. This decision is triggered by a surge in global commodity prices.

Throughout the past year, British renters have seen rents rise twice as fast as wages. At this point, there is no guarantee that rental price growth will slow down.

According to Goldman Sach’s Peter Oppenheimer, the market's optimistic forecast of peak inflation is unreliable.

Last week, the number of initial jobless claims in the United States increased by 4,000 to 230,000, coinciding with economists' forecasts. Meanwhile, the threshold value of 270,000 applications has not yet been reached. Crossing this mark will be a wake-up call for the labor market.