16:46:37
British Prime Minister Sunak: Britain cannot afford the ever-increasing welfare bill. This is economically unsustainable and will impose an irresponsible burden on future generations. Unemployment support should be a safety net, not a lifestyle choice.
16:43:29
British Prime Minister Sunak: Aims to reduce the number of people receiving welfare benefits.
16:41:34
Chinese stocks fell in pre-market trading, with Li Auto (LI.O) down 6.5%, JD.com (JD.O) down 2%, NIO (NIO.N) down 2.8%, and Xpeng Motors (XPEV.N) down 3.6%.
16:35:10
Bank of America: $5.7 billion inflows into bonds, $26 million inflows into cryptocurrencies, $0.9 billion outflows from gold, and $9.1 billion outflows from stocks.
16:34:28
Brent crude futures gave up gains.
16:33:10
Bank of America: U.S. stocks saw the largest two-week outflow of funds since December 2022.
16:22:44
Sources: The German government expects GDP to grow by 1.0% in 2025.
16:20:42
Tesla (TSLA.O) shares fell 2% in premarket trading after falling 14% for five consecutive trading days and hitting a near 15-month low on Thursday.
16:20:15
Sources: The German government expects GDP to grow by 0.3% in 2024, compared with 0.2% previously.
16:13:32
The Hungarian minister said that the Hungarian government will discuss fuel prices at a government meeting next Wednesday and does not rule out limiting fuel prices.
16:07:58
According to the Emirates News Agency (WAM): Etihad Airways of the United Arab Emirates said flight operations have returned to normal.
15:45:34
European Commission President Ursula von der Leyen: Russia sees immigration as a hybrid threat that must be addressed.
15:39:30
European Commission President Ursula von der Leyen: It is absolutely necessary for the region to remain stable and for all parties to refrain from further action.
15:33:00
Finnish Prime Minister: We are preparing our own legislation, but we also need measures from the EU.
15:31:39
U.S. Treasuries narrowed their gains, with the 10-year yield falling 3 basis points to 4.60%.
15:30:00
Spain said Germany could find a way to make a joint EU lending mechanism work.
15:19:51
London tin rose more than 3%.
15:08:59
According to Yonhap News Agency: South Korean President Yoon Seok-yeol proposed to meet with opposition leaders next week.
15:08:48
ECB board member Scicluna: If the ECB and the Fed do not cut interest rates, Europe will face a double blow.
15:08:42
ECB board member Scicluna: If inflation fails to reach 2%, the ECB may need to cut interest rates by 50 basis points.
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