Eurozone PMI Unchanged

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🇪🇺 🇪🇺 Euro Area Manufacturing PMI unchanged while services dip in December
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SGDMYR Surges To RM3.53

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🇲🇾 🇲🇾 Singapore Dollar Trades At $3.5300 Against Malaysian Ringgit. The drop in the ringgit has come after Malaysian Prime Minister Anwar Ibrahim’s cabinet reshuffle
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AUDUSD: Traders Are Being Short Squeezed

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🇦🇺 🇦🇺 AUDUSD has climbed from 2023 low at $0.6271 in Oct to $0.6728 in Dec. Traders Are Short AUD. AUD is now overbought
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German PMI Drops

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🇩🇪 🇩🇪 Manufacturing PMI in Germany increased to 43.10 points in December from 42.60 points in November of 2023
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EURUSD: Is This A ‘Bear Trap’?

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🇪🇺 🇪🇺 EUR/USD’s ‘Bear Trap’ Puts The Focus On The November High
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France’s PMI Weakens

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🇫🇷 🇫🇷 Composite PMI in France decreased to 43.70 points in December from 44.60 points in November of 2023
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USDJPY Stays Below ¥142

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🇯🇵 🇯🇵 USD/JPY maintains downside break heading into final stretch of the week
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Bundesbank Bearish On Germany

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🇩🇪 🇩🇪 Bundesbank sees German economy contracting this year, then mild growth in 2024
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ECB’s Villeroy Talks About Rate Cuts

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🇪🇺 🇪🇺 ECB’s Villeroy: Next policy move should be lowering rates barring any surprises
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IMF Warns About Rate Cuts

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🚨 🚨 Central banks around the world shouldn’t rush to relax their fight against inflation even with the Federal Reserve signaling its own policy pivot next year, the chief of the International Monetary Fund said Friday
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