EUR/USD
1.17124
-0.076%
Gold
4326.54
-0.144%
Oil
55.679
-0.340%
USD/JPY
157.083
0.984%
GBP/USD
1.33758
-0.042%
GBP/JPY
210.116
0.956%
Real-time News
December 19th - Following the conclusion of an investigation by Italian regulators into alleged unfair business practices, several automakers will begin displaying clearer and more comprehensive information about electric vehicle performance on their websites. Earlier this year, the Italian Competition Authority launched an investigation into companies such as Stellartis (STLA.N), Tesla (TSLA.O), and Volkswagen to review the information these companies provided to consumers regarding electric vehicle range, battery capacity degradation, and standard battery warranty limitations. The regulator noted that the range information displayed on these automakers websites was vague and sometimes contradictory, failing to clearly explain which factors influence the advertised maximum range and the extent to which these factors affect actual range. These websites also failed to provide consumers with clear and complete information about battery capacity degradation due to normal vehicle use and the terms and limitations of standard battery warranties.French Prime Minister: Parliament will be unable to vote on the French budget before the end of this year. Starting Monday, I will meet with key political leaders to discuss the next steps.ECB Governing Council member Rehn: The outlook for economic growth and inflation remains highly uncertain due to the nascent trade war and geopolitical tensions.December 19th - Japanese Economy and Fiscal Policy Minister Minoru Jonouchi stated on Friday that he respects the Bank of Japans decision to raise interest rates to 0.75%, but it is necessary to closely monitor the economic outlook. He said, "In formulating economic and fiscal policies, we believe it is necessary to pay close attention to several factors, such as the impact of US trade policy, the impact of continued price increases on private consumption, and volatility in financial and capital markets." Jonouchi emphasized the importance of continuing to implement appropriate monetary policy to achieve strong economic growth and stable inflation.Polish Prime Minister: We expect to receive more EU agricultural funding in the next budget.
