Fitch: Policy rates may have peaked but will fall slowly.

Brazilian Central Bank Quarterly Inflation Report: The trade surplus is expected to hit a record high in 2023.

USD/TRY fell slightly against the Turkish lira after the Turkish central bank raised interest rates as scheduled, now trading at 29.12.

Brazilian Central Bank Quarterly Inflation Report: Household consumption is expected to stabilize.

Brazilian Central Bank Quarterly Inflation Report: Investment is expected to restart.

Brazilian Central Bank Quarterly Inflation Report: GDP growth is expected to be 3.0% in 2023 (previous forecast was 2.9%). GDP growth is expected to be 1.7% in 2024 (previous forecast was 1.8%).

Turkish Central Bank: Policy will be determined based on the medium-term inflation target of 5%.

Hamas leaders told mediators that a hostage exchange deal with Israel would be possible only if the principle of "all for all" and a ceasefire were followed.

Ukrainian Prime Minister Shmeygar: Ukraine has received 1.5 billion euros in EU aid.

Market News: The European Commission approves €17.7 billion in Italian government subsidies to support centralized power storage.

UAE Central Bank: Oil GDP is expected to grow by 8.1% in 2024.

UAE Central Bank: Non-oil GDP is expected to grow by 4.7% in 2024.

UAE Central Bank: Non-oil GDP is expected to grow by 5.9% in 2023.

UAE Central Bank: The UAE’s GDP is expected to grow to 5.7% in 2024.

National Highway Traffic Safety Administration: Volkswagen recalls 93,196 U.S. vehicles. Honda Motor Co (HMC.N) is recalling 2,539,902 U.S. vehicles.

British Foreign Secretary Cameron: The UK is trying to build consensus on providing assistance to Gaza.

Ukrainian Air Force: Russia has launched 7,400 missiles of different types into Ukraine since the conflict between Russia and Ukraine, of which 1,600 were shot down.

The Stoxx Europe 600 index extended its losses to 0.5%, hitting its intraday low.

Bank of America: Platinum has less exposure to the automotive sector, so tight supply has supported prices.

Bank of America: Based on our base case, we expect the palladium supply glut to rise and expect prices to average $750 per ton next year, possibly as low as $500 per ounce.