EUR/USD
1.17248
0.030%
Gold
4325.47
-0.168%
Oil
55.833
-0.064%
USD/JPY
155.686
0.086%
GBP/USD
1.33829
0.011%
GBP/JPY
208.359
0.112%
Real-time News
On December 19th, according to Futures News, crude oil prices continued to rise slightly, and the news in the fuel oil market improved somewhat. However, the supply and demand of various products still differed, and refineries shipped at different paces. Market participants lacked confidence in future trading, and most purchases were small orders for immediate needs. It is expected that fuel oil trading will continue to be stable in the short term.On December 19th, Goldman Sachs predicted that the Bank of England will cut interest rates three times in 2026. Previously, the bank had predicted cuts in February, April, and July; it has now revised its forecast to March, June, and September. Goldman Sachs pointed out that slowing hiring, rising unemployment risks, and easing wage pressures are the main reasons supporting rate cuts. Although the market is currently pricing in a relatively moderate pace of rate cuts, if data confirms weakening economic activity and anchored inflation expectations, the Bank of Englands rate cuts could be more aggressive than investors anticipate. For the market, a deeper easing cycle could put pressure on the pound while supporting UK risk assets.SK Hynixs gains widened to 2.5% in early trading.The Society of Motor Manufacturers and Traders (SMMT) reported that UK car production fell 14.3% year-on-year in November, with 65,932 passenger and commercial vehicles produced.The UKs GfK consumer confidence index for December was -17, compared to a forecast of -18 and a previous reading of -19.
