EUR/USD
1.17178
-0.190%
Gold
4328.23
-0.231%
Oil
56.156
-0.954%
USD/JPY
155.648
-0.026%
GBP/USD
1.33789
0.034%
GBP/JPY
208.248
0.017%
Real-time News
Stellantis (STLA.N): Starting January 19, it will cut production at its Mulhouse, France plant by 28% to adapt to market demand.On December 19th, Goldman Sachs stated that the surge in gold futures prices to record highs in 2025 could continue into next year. In its 2026 outlook report released on Thursday, the firm noted, "Our baseline scenario projects gold prices to rise 14% by December 2026, reaching $4,900 per troy ounce, with upside risks." Goldman Sachs expects central bank demand for gold to continue in 2026, averaging 70 metric tons per month. The main drivers of this demand are geopolitical instability and the willingness of countries to hedge risks by increasing their gold reserves.BMW: It will launch a second round of share buyback program, with the second phase amounting to up to 625 million euros, which will be held no later than January 2 to August 31 next year.December 19th - According to three sources, European Central Bank (ECB) policymakers expect to keep interest rates unchanged next year, but are not yet ready to completely rule out further rate cuts due to the still highly uncertain economic outlook. The ECB kept interest rates unchanged on Thursday and raised some of its economic growth and inflation forecasts, a move widely interpreted by investors as closing the door to further rate cuts. However, sources indicated that policymakers at the meeting had no intention of announcing the end of the easing cycle because uncertainty remains high. Nevertheless, all three sources stated that the most likely outcome is that interest rates will remain unchanged throughout 2026, consistent with market expectations. The sources said that most policymakers believe the risks to the economic growth outlook are broadly balanced, although a minority believe that actual growth may be lower than the ECBs own forecasts. There is even less disagreement on inflation, with most officials believing that inflation risks are also balanced.Goldman Sachs predicts that the U.S. power systems reserve capacity will further decline due to rapid growth in electricity demand and the pace of coal-fired power plant retirements outpacing the construction of new renewable energy and natural gas power generation capacity.
