Israeli Defense Minister Galante issued a statement on December 4, local time, saying that Israeli military operations are expected to "continue at the current intensity for at least two months."

German Chancellor Scholz: Optimistic that we will find a budget solution soon.

German Chancellor Scholz: Joint negotiations on the budget crisis are "constructive".

German Chancellor Scholz: I am very confident that we can make rapid progress.

German Chancellor Scholz: (Speech on the 2024 budget) Everyone is willing to move forward quickly.

Market News: Leaders of Morocco and UAE sign statement to promote investment.

Russian President Vladimir Putin has told foreign ambassadors that he wants to improve relations with Britain.

In the Panama Canal, LNG shipping vessels have been waiting for about six days.

Fitch: U.S. demand for new homes is expected to improve slightly, while existing housing supply remains low.

Fitch: The U.S. housing market is expected to improve slightly next year but remain weak.

Fitch: Low home affordability will continue to suppress U.S. housing demand in 2024.

Russian President Vladimir Putin told foreign ambassadors that cooperation between Russia and Germany was disrupted by the Nord Stream pipeline explosion.

The 5-year U.S. Treasury bond yield rose 10 basis points on the day.

Brazilian President Lula: We will continue to work hard to complete the European Union-Mercosur trade agreement and believe that the agreement can still be signed.

Market news: The first draft of the resolution of the EU summit on December 14th and 15th is under discussion. It is reported that the European Council has decided to start accession negotiations with Ukraine and Moldova.

Special envoys from EU countries will start discussions on Tuesday on proposals to launch accession negotiations with Ukraine and Moldova and grant Georgia EU candidate status.