Owen Li

High household debts and expected policy changes under a new Donald Trump administration are major systemic risks facing Korea's financial system, a poll by the central bank showed Thursday.

The GBP received a shot in the arm this morning owing to an uptick in UK inflation data. Market participants immediately repricing their rate cut expectations down to around 59 bps through December 2025, from a previous 65bps.

Corporate executives were taking a wait-and-see approach to President-elect Donald Trump's vow to impose heavy tariffs on imports when he takes office in January, but many have raised concerns about the effect such levies will have on inflation.

Geopolitics rattled markets otherwise on track for an uninspired trading session.

A €350 million (RM1.65 billion) program seeking to ease the financial burden of climate disasters for the world’s most vulnerable countries has disbursed only €5.2 million in two years, according to the managers of the fund.

Examining upcoming PMI data from the Euro Area and UK CPI figures, and their potential market implications.

The Japanese yen is in positive territory today, putting the brakes on a four-day skid. In the European session, USD/JPY is trading at 155.54 down 0.45% on the day.

More dollar strength pulled EUR/USD to a first 1.05-quote since October 2023, but that level triggered some rebound action higher.

Silver price (XAG/USD) extends its losses to two-month lows, trading around $29.90 per troy ounce during the European hours on Thursday.