Fitch Ratings raises price forecasts for some global metals and mining.

India plans to set the blending ratio of ethanol to gasoline at 20% in the 2025-2026 fiscal year.

Reserve Bank of India: Offline retail payment products have completed the “testing phase”. Regulated entities may consider adopting offline retail payment products, subject to compliance requirements.

The JP Morgan EMBI Global Diversified Index showed that the spread between emerging market hard currency bonds and U.S. Treasury bonds narrowed to 394 basis points, the lowest level since April 2022.

Vietnamese Government: Vietnam and Cambodia agreed to double bilateral trade as soon as possible to US$20 billion.

Israel said sirens were sounded in Tel Aviv and central Israel.

Indonesian Navy: The Freedom tanker is still stranded and the cargo on the Freedom tanker is being unloaded.

WTI crude oil hit $71 per barrel, down 0.58% on the day.

Indonesia’s tin ore exports in November were 7,562.55 tons.

French Foreign Minister Colonna: Domestic sanctions are being considered over Israeli settler violence in the West Bank.

The total turnover of the securities market on the Singapore Exchange in November was SGD 19.98 billion.

Ukrainian Military: Russian troops launched a new round of large-scale offensive against the Ukrainian city of Avadivka.

Turkish Vice President: The fiscal deficit is expected to be less than 6% of GDP in 2023.

Valais canton police in Switzerland: A shooting occurred in the town of Sion in Valais canton, killing two people.

Deputy Minister of Petroleum of India: By 2028, India will expand its refining capacity by approximately 22% from the current 253.92 million tons per year to meet growing energy demand.

Italy, France and Germany called for the creation of a temporary EU sanctions regime "against Hamas and its supporters".

JD.com (JD.O) fell nearly 4% in pre-market trading after the company was removed from the Nasdaq 100 Index.

According to the British Times: The Confederation of British Industry predicts that the Bank of England will not cut interest rates until 2026 and predicts that British economic growth will fall into recession in the next three years.

The price of base load electricity delivered the next day in Germany was 105 euros/MWh, an increase of 19.3% from last Friday.