S&P Global Market Intelligence comments on UK manufacturing PMI: Although the decline in production eased significantly in November, the latest PMI report did not bring a friendly atmosphere when considering the smaller details. As new order inflows and exports continue to fall sharply, and customers destock, a sustained growth recovery appears elusive. Manufacturers are preparing for tough times ahead, and their continued caution has led to reductions in staff, inventory and purchasing.

GBP/USD rose 10 points in the short term and is now at 1.2673.

Kremlin: The United States is trying to undermine the entire trading system to destroy the Russian economy.

Kremlin: (Regarding U.S. officials’ remarks about sanctions) We have known for a long time that sanctions from Western countries will last for many years.

Kremlin: OPEC+ creates conditions for energy market stability and supports energy prices at a balanced level.

Kremlin: Russia intends to continue cooperation with OPEC+.

Kremlin: Russia is continuing to contact the Gaza Strip to rescue its remaining citizens; given the scale of this "humanitarian disaster", extending the ceasefire in Gaza is more appropriate.

Tesla (TSLA.O) U.S. stocks fell 1.5% before the market opened. Deliveries of its electric pickup truck Cybertruck began today.

According to Nikkei: Itochu Corporation and Volkswagen-backed 24M Technology will sell semi-solid-state batteries.

Hamburg Commerzbank commented on the Eurozone Manufacturing PMI: Although the economic downturn is widespread throughout the Eurozone, the situation in the four major economies in the Eurozone is different. Germany is the only country where output declines have eased, while other countries are experiencing worsening conditions. In terms of new orders, the decline in new orders in Germany, France, Italy and Spain has slowed down, but to different extents. These divergent moves suggest the economic recovery may encounter some headwinds as it gains momentum. A key indicator of the beginning of economic recovery may be a more synchronized upward trend in the PMI index of various economies, thus allowing the economies of various countries to self-reinforce and promote each other.

Hamburg Commerzbank commented on the Eurozone Manufacturing PMI: The consumer goods industry seems to be in better shape than intermediate products and investment goods. This is a common pattern in recessions, with a large portion of personal consumption tending to remain stable. In contrast, the cyclical nature of intermediate and investment goods makes them vulnerable to economic downturns. When the situation changes, the situation may reverse, and in the recovery of manufacturing, these industries may outpace consumer goods. However, the current state of the PMI index suggests that this turning point may still be far away.

Hamburg Commerzbank commented on the euro zone manufacturing PMI: Output is still declining, and companies have laid off employees for the sixth consecutive month. Of course, almost all sub-indexes improved. However, these improvements have been mostly modest and lack the dynamism needed for an upward trend.

The final manufacturing PMI value of the Eurozone in November was recorded at 44.2, a six-month high; the manufacturing PMI output index was recorded at 44.6, a six-month high.

Spot gold rose nearly $5 in the short term and is now at $2,045.45 per ounce; spot silver rose by nearly $0.1 in the short term and is now at $25.36 per ounce.

King Charles of the United Kingdom: I am very concerned that we are still too far off track on climate issues and that we are seeing worrying climate tipping points being reached.

Qatar says continued bombing of Gaza will complicate mediation efforts.

UN Secretary-General Guterres: (Governments) should end fossil fuel subsidies and impose windfall profits taxes on profits.