ECB Governing Council Member Muller: The market’s expectations for an interest rate cut are a bit premature. If the market expects an interest rate cut in the first half of next year, that would be a bit optimistic.

ECB Governing Council Member Robert Mueller: We have not yet discussed cutting interest rates.

Philippine Central Bank: Foreign exchange reserves are expected to reach US$100 billion by the end of 2023.

Barclays: The European Central Bank is now expected to cut interest rates for the first time by 25 basis points in April next year, and will continue to cut interest rates until January 2025.

According to the Financial Times: The European Union is preparing to extend the tariff truce with the United States until after the election.

Goldman Sachs: It is currently believed that the Bank of England will cut interest rates for the first time in June 2024, while it was previously expected to be in August.

According to a Reuters survey: 88% of economists surveyed believe that the Bank of Japan will end the yield curve control (YCC) policy; 12% believe that the Bank of Japan will adjust YCC again.

According to a Reuters survey: 28 out of 42 economists believe that the Bank of Japan’s deposit rate will rise to 0.00% or 0.10% by the end of the second quarter of 2024.

According to a Reuters survey: 84% of economists said in their end-of-quarter forecasts that the Bank of Japan will end its negative interest rate policy in 2024, compared with 71% in the November survey and 54% in the October survey.

According to a Reuters survey: 21% of economists said that the Bank of Japan will begin to gradually unwind its ultra-loose monetary policy in January next year.

The main coking coal contract rose by more than 2.00% during the day and is currently trading at 1,942.00 yuan/ton.

The MSCI Asia Pacific Index rose 1% to 165.67 points.

Japanese Ministry of Foreign Affairs: Japan will impose new sanctions on groups and individuals related to Russia.

Japanese Ministry of Foreign Affairs: Japan will ban the import of Russian diamonds for non-industrial purposes.

The Philippine stock index rose 1% to 6,475.80 points.

European Council President Michel: The EU will continue to discuss the Ukraine aid plan next year.

Source: Qatar sells crude oil for next February loading at lowest discount in years.

Dutch Prime Minister Rutte: I am quite confident that the EU can reach an agreement on Ukraine assistance in early 2024.

Hungary has put on hold a deal to provide 50 billion euros in financing to Ukraine, with EU leaders delaying discussions until January next year, EU diplomats said.