Other news

The exchanges operator has issued a warning to the European Union. According to its’ statement, as a result of the European Union's decision to establish a cap on gas prices will increase the possibility of the resource price rise to the limit.

China’s exports and imports significantly fell in November, missing forecasts, as global and domestic demand declined. In addition to this, the COVID-19 outbreak resulted in production disruptions and a real estate crisis.

Saudi Arabia backed down on calls from US President Joe Biden two months ago to increase oil production. Today, the country is hosting Chinese President Xi Jinping.

The focus is on API and EIA oil reserves, Cushing reserves, oil imports, distillate reserves and gasoline production.

The focus is on the BoC interest rate decision, the GDP of Australia and the Eurozone, China's trade balance and the unemployment rate in Switzerland.

ECB chief economist Philip Lane said in an interview with Milano Finanza interest rates need to be increased several more times in order to reduce price pressures. Such measures are necessary even if overall inflation is close to zero.

Chinese steel and aluminium exports are again under attack as the U.S. and European Union consider imposing new restrictive tariffs on carbon dioxide emissions.

The level of business activity in the Eurozone contracted in November, posting a fifth consecutive month of decline. This is a sign of impending recession in Europe as consumers proceed to cut spending.

The National Institute of Statistics and Geography of Mexico will release inflation data for November on Thursday.

Haruhiko Kuroda, the head of Japan's central bank, drew particular attention to the need to keep interest rates ultra-low. The politician rejected the idea of a possible change in monetary policy, which was recently proposed by one of the board members.