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SYMBOL
LAST
ASK
BID
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6915.62
6915.62
6915.62
6932.95
6895.49
+2.26
+ 0.03%
--
DJI
Dow Jones Industrial Average
49098.70
49098.70
49098.70
49265.46
48963.05
-285.30
-0.58%
--
IXIC
NASDAQ Composite Index
23501.23
23501.23
23501.23
23610.74
23374.26
+65.22
+ 0.28%
--
USDX
US Dollar Index
97.080
97.160
97.080
97.120
96.730
-0.150
-0.15%
--
EURUSD
Euro / US Dollar
1.18484
1.18491
1.18484
1.18975
1.18441
+0.00203
+ 0.17%
--
GBPUSD
Pound Sterling / US Dollar
1.36496
1.36506
1.36496
1.36824
1.36457
+0.00066
+ 0.05%
--
XAUUSD
Gold / US Dollar
5039.01
5039.39
5039.01
5043.73
5003.35
+52.56
+ 1.05%
--
WTI
Light Sweet Crude Oil
60.899
60.934
60.899
61.114
60.514
-0.206
-0.34%
--

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Noda: Government, Bank Of Japan Should Tweak Current Joint Agreement Focusing On Beating Deflation To One Clarifying Role Each Would Play In Taming Inflation

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Noda: Government Must Avoid Interfering In Bank Of Japan Efforts To Raise Interest Rates

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Japan Ex-Finance Minister And Head Of Largest Opposition Party Cra Noda: Currency Intervention Likely To Have Limited Effect In Sustainably Halting Yen Slide

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US President Trump: The Possibility Of Eventually Withdrawing Immigration Enforcement Officials From The Minneapolis Area Cannot Be Ruled Out

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Japan Top Forex Diplomat Mimura: Declined To Comment On The Reported Currency Intervention

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Japan Top Forex Diplomat Mimura: Will Take Appropriate Steps On Forex Based On Japan-US Joint Statement

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Spot Gold Rises 1% To $5035.09

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US President Trump: The Government Is “reassessing” All The Details Of The Minneapolis Shooting

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Yield On 10-Year Japanese Government Bond Falls 4.0 Basis Points To 2.215%

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[US Navy's USS Abraham Lincoln Carrier Strike Group Arrives In The Middle East] According To Israeli Sources On The 25th, The US Navy's USS Abraham Lincoln Carrier Strike Group Has Arrived In The Middle East And Is Conducting Operations Within The US Central Command's Area Of ​​responsibility. The US Air Force Stated That Day That It Would Soon Begin A Multi-day Combat Readiness Exercise In The Middle East. The US Air Force Stated That The Exercise Aims To Demonstrate The US Military's Ability To Deploy And Sustain Air Combat Power In The Region

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U.S. State Department: Rubio Told The Iraqi Prime Minister That A Government Controlled By Iran Could Not Successfully Prioritize Iraq's Own Interests

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U.S. State Department: Secretary Of State Rubio Discussed With The Iraqi Prime Minister The Ongoing Diplomatic Efforts To Ensure The SWIFT Repatriation Of Citizens From Iraq

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U.S. State Department: U.S. Secretary Of State Marco Rubio Discussed With The Iraqi Prime Minister The Possibility Of Transferring And Detaining ISIS Militants In Iraqi Security Facilities

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Japan Finance Minister Katayama Declined To Comment On Reported Rate Checks By New York Fed

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U.S. State Department: Rubio Held Call On Sunday With Iraqi Prime Minister Mohammed Shiaa Al-Sudani

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Spot Silver Prices Retreated Sharply, With Gains Narrowing To 1%, Currently Trading At $104.32 Per Ounce

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U.S. Natural Gas Futures Prices Rose 16% Due To The Impact Of Winter Storms

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Spot Silver Broke Through $106 Per Ounce For The First Time, Rising 2.92% On The Day

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Spot Silver Hit A New High In Early Trading, Currently Trading At $104.76 Per Ounce, Up More Than 1%

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Spot Gold Hits Record High Above $5000/Oz

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Q&A with Experts
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    just Brendon flag
    just Brendon
    gold buy now 5014/2012 target 5017 target 5020 target 5030 Open stop loss 5006
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    What a rally in Gold and Silver. Pure Gamble in Silver though. Gold price make sense but Silver price too high need a super correction.
    @Shreshth Bsame as gold
    Type here...
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          Financial Events This Week: Critical Insights From FOMC Minutes And Economic Data

          Hannah Ellis
          Summary:

          As global markets navigate the final days of the year, this week's financial events present crucial signals for investors and policymakers alike.

          Financial Events This Week: Critical Insights from FOMC Minutes and Economic Data

          As global markets navigate the final days of the year, this week's financial events present crucial signals for investors and policymakers alike. The convergence of Federal Reserve communications, employment data, and manufacturing indicators creates a pivotal moment for economic assessment and strategic planning. Understanding these scheduled releases provides essential context for interpreting market movements and anticipating future trends.

          Financial Events Calendar: A Detailed Breakdown

          The upcoming week features several significant economic releases that typically influence market sentiment and trading decisions. These scheduled announcements represent key data points that financial professionals monitor closely for insights into economic health and policy direction. Market participants globally will analyze these figures to adjust their positions and expectations accordingly.
          First, the Federal Open Market Committee meeting minutes release on December 30 at 7:00 p.m. UTC offers detailed insights into the central bank's December policy discussions. These minutes typically reveal the depth of debate among voting members, providing context beyond the official policy statement. Analysts will scrutinize language regarding inflation expectations, employment assessments, and future rate guidance.
          Subsequently, U.S. initial jobless claims data on December 31 at 1:30 p.m. UTC provides a timely snapshot of labor market conditions. This weekly indicator serves as an important gauge of employment stability and economic momentum. Recent trends in claims data have influenced market expectations regarding Federal Reserve policy adjustments.

          Market Closures and Global Implications

          Major stock markets worldwide will observe closures on January 1 for New Year's Day, creating a temporary pause in trading activity. This annual closure affects liquidity and trading volumes in the surrounding sessions. International investors must account for these schedule variations when planning their portfolio adjustments and risk management strategies.
          Following the holiday, attention shifts to manufacturing data with the U.S. December Manufacturing Purchasing Managers' Index release on January 2 at 2:45 p.m. UTC. This forward-looking indicator measures business conditions in the manufacturing sector, providing early signals about economic expansion or contraction. The PMI figure influences currency markets, bond yields, and equity sector performance.

          Expert Analysis: Interpreting the Data Flow

          Financial analysts emphasize the interconnected nature of this week's releases. The FOMC minutes provide policy context, while jobless claims and PMI data offer real-time economic feedback. Historically, markets have shown increased volatility during periods combining multiple high-impact releases. Seasoned investors recommend reviewing historical patterns and consensus expectations before these announcements.
          According to standard economic analysis frameworks, consistent trends across multiple indicators carry more weight than isolated data points. The relationship between employment data, manufacturing activity, and monetary policy signals creates a comprehensive picture of economic conditions. Professional traders often use this information to adjust their risk exposure and portfolio allocations.

          Historical Context and Market Reactions

          Previous releases of similar data have demonstrated measurable impacts across asset classes. FOMC minutes have frequently triggered Treasury yield movements averaging 5-10 basis points on release days. Jobless claims surprises exceeding 20,000 claims have correlated with S&P 500 movements of 0.5-1.2% in recent quarters. Manufacturing PMI deviations from consensus expectations have influenced dollar index fluctuations of 0.3-0.8%.
          These historical patterns inform current market positioning and volatility expectations. Options markets typically price in elevated implied volatility around these scheduled events. The sequential nature of this week's releases creates a cumulative effect that can amplify market responses, particularly when data points reinforce similar economic narratives.

          Strategic Considerations for Market Participants

          Investment professionals recommend several approaches for navigating this data-rich period. First, reviewing positioning ahead of releases helps manage unexpected volatility. Second, distinguishing between immediate reactions and sustained trends prevents overreaction to temporary movements. Third, considering the global context ensures proper interpretation of domestic data within worldwide economic conditions.
          Portfolio managers often adjust their exposure to interest-rate-sensitive sectors around FOMC communications. Similarly, manufacturing data influences allocations toward cyclical versus defensive equities. Employment figures affect expectations for consumer spending and related sectors. These strategic adjustments reflect the fundamental importance of scheduled economic data in investment decision-making.

          Technical Factors and Trading Dynamics

          Year-end trading conditions introduce additional considerations beyond fundamental data analysis. Reduced liquidity during holiday periods can amplify price movements following economic releases. Position squaring by institutional investors creates unique volatility patterns. Understanding these technical factors helps distinguish between data-driven moves and seasonal trading dynamics.
          The transition to a new calendar year also brings portfolio rebalancing flows that interact with economic data reactions. Tax-related trading and benchmark adjustments create crosscurrents that sophisticated market participants monitor closely. These technical factors combine with fundamental data to create the complete market environment for this week's financial events.

          Conclusion

          This week's financial events calendar presents multiple high-impact releases that collectively shape market sentiment and economic outlooks. The FOMC minutes provide crucial policy insights, while jobless claims and manufacturing data offer real-time economic feedback. Market participants who understand these interconnected indicators can make more informed decisions amid evolving conditions. Proper analysis of these scheduled events remains essential for navigating financial markets successfully.

          Source: CryptoSlate


          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
          Add to Favorites
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          Mexico Emerges as Unexpected Winner from U.S. Tariff Policy Shift

          Gerik

          Economic

          Tariff divergence creates opportunity

          When U.S. President Donald Trump launched a wave of retaliatory tariffs against numerous global trading partners in 2025, Mexico was initially expected to suffer due to its heavy reliance on exports to the United States. Contrary to these predictions, Mexican exports not only withstood the pressure but rose sharply, primarily due to the structural cushion provided by the United States–Mexico–Canada Agreement (USMCA). Although a nominal 25% tariff rate was introduced, nearly 85% of Mexico’s exports to the U.S. remained duty-free under the agreement.
          This favorable treatment contrasts starkly with countries like China, where average tariff rates soared to 37.1%, according to Penn Wharton’s model. Mexico’s average tariff, at just 4.7%, allowed its goods to substitute for more heavily taxed imports, especially from China. This dynamic reflects a clear causal impact: tariff differentials directly incentivized U.S. importers to shift sourcing from Asia to Mexico.

          Sectoral shift and resilient exports

          Even in categories where tariffs applied such as steel, aluminum, and automobiles Mexico managed to increase its manufactured exports to the U.S. by nearly 9% from January to November 2025 compared to the same period in 2024. While auto exports dipped by nearly 6%, other manufactured goods rose 17%, highlighting a shift in production focus.
          The overall merchandise trade value between the U.S. and Mexico is now approaching a historic high of $900 billion, indicating a reconfiguration of regional trade flows. This surge is partly driven by the U.S. demand for hardware supporting its artificial intelligence (AI) and data center expansion, as evidenced by a more than twofold increase in Mexico’s exports of data-processing equipment this year.

          Nearshoring and industrial revival

          The nearshoring trend has also accelerated. Mexican firm Nearshore, which manages 18 industrial parks along the U.S. border, has seen a spike in demand from foreign companies seeking to manufacture in Mexico and sell to the U.S. Initially hesitant due to tariff uncertainty, many clients resumed or launched new projects after it became clear that Mexico was largely spared from Trump’s harshest trade measures.
          Co-CEO Jorge Gonzalez Henrichsen noted that April 2 the day Trump clarified tariff exemptions for Mexico marked a turning point, triggering a “flood” of calls from clients eager to restart previously frozen investment plans. This direct response demonstrates a causal relationship between U.S. trade policy clarity and cross-border production expansion.

          Strategic diplomacy and domestic policy response

          President Claudia Sheinbaum’s government has actively worked to preserve favorable trade relations with the U.S. She tightened border security, extradited cartel leaders, and imposed a 50% tariff on Chinese-made goods and vehicles. These moves helped defuse U.S. concerns and preempted more severe tariff threats from Washington.
          Nevertheless, Mexico is not immune to tariffs. A 25% duty still applies to non-USMCA-compliant auto parts, and 50% to steel and aluminum not meeting origin requirements. However, compared to other nations, the impact has been far more contained.

          Deepening integration and long-term competitiveness

          Mexico has also gained structural advantages from its geographic proximity to the U.S., lower transportation costs, and deeply integrated manufacturing systems. Most U.S. imports from Mexico are intermediate goods, used in final assembly or production, then exported back to the U.S., creating a virtuous cycle of cross-border industrial interdependence.
          Luis de la Calle, a former NAFTA negotiator, emphasized that the depth of integration makes withdrawing from USMCA prohibitively costly. With the agreement set for review in 2026, analysts suggest that both Mexico and Canada will continue to enjoy preferential access, while much of the world faces trade policy volatility.

          Labor growth and industrial expansion

          Gonzalez Henrichsen reported that one of his clients a U.S.-based data infrastructure company expanded from a single factory with 18 employees in 2019 to four plants with 600 workers by late 2025, with plans to hire 1,000 more next year. Mexico’s young, affordable workforce continues to attract manufacturers seeking stable regional alternatives to Asia.
          Crucially, Gonzalez stated that none of his clients have shut down operations or reshored production to the U.S., highlighting Mexico’s enduring appeal in an increasingly uncertain global trade environment.
          Mexico has turned what initially appeared to be a trade policy threat into a historic economic advantage. By leveraging the USMCA framework, maintaining diplomatic pragmatism, and offering a cost-efficient, well-integrated manufacturing base, the country has not only shielded itself from tariff fallout but repositioned itself as the U.S.’s most critical trading partner. As global trade uncertainty persists, Mexico’s resilience and strategic proximity to the U.S. are likely to sustain its momentum well beyond 2025.
          To stay updated on all economic events of today, please check out our Economic calendar
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
          Add to Favorites
          Share

          BOJ Debated Need For More Rate Hikes Even After December Move, Summary Shows

          Edward Lawson

          Bank of Japan (BOJ) policymakers debated the need to continue raising interest rates with some calling for "timely" action to curb future inflationary pressure, a summary of opinions at their policy meeting in December showed on Monday.

          At the Dec 18-19 meeting, the BOJ raised its policy rate to a 30-year high of 0.75% from 0.5%, taking another landmark step in ending decades of huge monetary support and near-zero borrowing costs.

          The summary showed many board members seeing the need for further increases to the BOJ's policy rate, which remained significantly negative in inflation-adjusted terms.

          "There is still considerable distance to levels deemed neutral," one opinion showed, adding the BOJ should raise rates at a pace of once every few months for the time being.

          Another opinion said the weak yen and rising long-term interest rates were due in part to the BOJ's policy rate being too low relative to inflation.

          "Raising the policy rate in a timely manner could curb future inflationary pressure and help hold down long-term interest rates," the second opinion showed.

          Source: Theedgemarkets

          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
          Add to Favorites
          Share

          Allied Nations Pledge Continued Security and Reconstruction Support for Ukraine

          Gerik

          Political

          Heightened diplomatic coordination before key US-Ukraine talks

          As Ukrainian President Volodymyr Zelensky journeyed toward a high-profile summit with Donald Trump in Florida, his stopover in Canada and subsequent discussions with Western allies underscored a synchronized diplomatic campaign to consolidate international backing for Ukraine. In Halifax, Prime Minister Mark Carney reiterated that achieving lasting peace in Ukraine requires more than a ceasefire it demands a tangible readiness from Moscow to engage in constructive resolution efforts.
          The Canadian government reaffirmed its stance that peace must not be built on concessions but on a rules-based order, emphasizing that Ukraine’s sovereignty remains non-negotiable. Canada’s early engagement, both financially and symbolically, set the tone for broader multilateral reinforcement just ahead of the Trump-Zelensky dialogue.

          European leaders echo unified support

          Following his Canadian stop, Zelensky held calls with senior leaders across the EU and NATO, including German Chancellor Friedrich Merz, European Commission President Ursula von der Leyen, and European Council President Antonio Costa. According to German sources, Zelensky secured what was described as “comprehensive support” from Europe, highlighting a unified Western approach to Ukraine’s wartime resilience and peacetime reconstruction.
          Ursula von der Leyen stressed that lasting peace must be both just and sustainable, rooted in the protection of Ukraine’s territorial integrity. She framed Ukraine’s security development as inseparable from the broader security of Europe, thus reinforcing a causal connection between Ukraine’s military capabilities and regional geopolitical stability.
          Meanwhile, Antonio Costa emphasized that the EU’s support would persist not only during the war but throughout the reconstruction period. He argued that a “strong and prosperous Ukraine within the EU” represents a cornerstone of continental security, aligning the goals of economic recovery and political integration.

          A multi-layered peace framework under negotiation

          Zelensky confirmed that his meeting with Donald Trump on December 28 would center around a 20-point peace plan aimed at freezing frontline activity. The framework reportedly includes the withdrawal of Russian troops from Eastern Ukraine and the establishment of demilitarized zones. Zelensky has also emphasized the critical importance of security guarantees, weaponry, and financial aid from the United States and European allies.
          A major component of these discussions involves Ukraine’s reconstruction roadmap, which Kyiv estimates will require between $700 billion and $800 billion. This plan is being drafted in close coordination with Washington and Brussels, pointing to a deepening interdependence between military stabilization and economic renewal.
          Approximately 90% of the 20-point peace plan has been finalized, but major obstacles remain particularly around territorial questions, the status of the Zaporizhzhia nuclear plant, and formal security assurances from the US. Zelensky reiterated that Ukraine would not concede sovereign territory, though he indicated openness to discussing the creation of a demilitarized free economic zone in contested areas if Russia agrees to withdraw.

          Strategic sequencing of diplomatic efforts

          Following his meeting with Trump, Zelensky plans to return to Europe for additional talks with EU leaders to fortify diplomatic alignment ahead of future peace negotiations. This sequencing reflects a coordinated strategy to maintain leverage across parallel negotiations and ensure Ukraine enters any settlement process from a position of strength.
          In response, Russian Foreign Minister Sergey Lavrov accused Kyiv and its Western partners of refusing to engage in constructive peace efforts. Moscow continues to reject preconditions tied to territorial concessions or Western-designed frameworks, framing them as incompatible with its interests and sovereignty concerns.
          The alignment of Canada, the EU, and NATO ahead of Zelensky’s talks with Donald Trump reflects a calculated effort to reinforce Ukraine’s diplomatic weight and define clear boundaries for a fair peace process. As reconstruction plans and demilitarization strategies move toward formalization, Ukraine’s allies are working to ensure that any negotiated settlement is rooted in sovereignty, security, and long-term economic recovery a message aimed not only at Moscow but also at Washington.
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          Why Living Standards in the UK Are Steadily Declining

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          Economic

          Falling behind in global income rankings

          According to the latest World Economic League Table published by the Centre for Economics and Business Research on December 26, the United Kingdom is projected to slide from 19th to 22nd place in the global ranking of GDP per capita by 2030. This decline would see the UK overtaken by economies such as Hong Kong, Finland, and the United Arab Emirates. The outlook deteriorates further over the longer term, with forecasts suggesting that by 2035, British living standards could fall below those of Malta, a former colony with a much smaller economy.
          Measured in US dollars, UK GDP per capita is expected to reach 58,775 dollars next year. However, this absolute increase does not prevent a relative decline, as other advanced economies are projected to grow faster on a per-person basis.

          Weak per capita growth among advanced economies

          The report indicates that the UK is expected to record the second weakest GDP per capita growth among G7 countries over the next five years, ahead of only Japan. This reflects a broader pattern of sluggish productivity growth and limited income gains rather than a short-term fluctuation. The relationship here is correlative: low productivity growth tends to coincide with weak income growth, reinforcing a cycle in which households fail to experience meaningful improvements in purchasing power.
          Pushpin Singh, an economist at CEBR, describes the UK’s situation as a “dual challenge” characterised by high inflation, elevated public debt, and low economic growth. Persistently high inflation has reduced real incomes, while slow growth has constrained wage increases and job quality improvements. At the same time, high debt levels limit the government’s fiscal flexibility, restricting its ability to stimulate growth or cushion households from rising living costs.
          The erosion of competitiveness is another structural concern. Singh notes that the UK is losing ground to rival economies that offer lower tax burdens and more flexible regulatory environments. This dynamic is not presented as a direct cause of declining living standards but shows a strong correlation between relative competitiveness and long-term income performance.

          Policy constraints and subdued economic momentum

          The report also points to the ongoing difficulty of reducing public spending as a drag on economic performance. Year 2025 marks the first full year in power for the Labour government, which was elected on a pro-growth platform. However, economic outcomes so far remain modest. GDP growth for 2025 is estimated at just 1.4%, with average annual growth projected at around 1.5% in the years ahead.
          Singh warns that the overall outlook remains heavily skewed toward negative risks. He argues that in several respects, the UK continues to rely on past economic strengths rather than generating new sources of dynamism. In recent months, speculation ahead of the national budget about potential tax increases has coincided with weaker business confidence and reduced economic activity, suggesting a correlation between fiscal uncertainty and subdued private-sector momentum.

          Households still poorer than before the pandemic

          Official data confirm that British households remain worse off than they were before Covid-19. Real disposable income per capita has yet to recover to its 2019 level, reflecting the prolonged cost-of-living crisis. Rising prices for essentials such as energy, housing, and food have outpaced income growth, leaving many households with less spending power despite nominal wage increases.
          The decline in living standards in the UK is shaped by a combination of high inflation, weak growth, and structural competitiveness challenges. While headline GDP figures may continue to rise, the benefits are not translating evenly into household prosperity. Without stronger productivity gains and clearer policy signals that restore confidence, the UK risks continuing its relative decline among advanced economies, with lasting implications for income levels and social wellbeing.
          To stay updated on all economic events of today, please check out our Economic calendar
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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          Canada Commits $2.5 Billion to Ukraine Ahead of Crucial Trump-Zelensky Meeting

          Gerik

          Economic

          Canada’s strategic financial commitment

          On December 27, Canadian Prime Minister Mark Carney declared a fresh $2.5 billion aid package for Ukraine, positioning Canada as a key economic backer of Kyiv ahead of President Volodymyr Zelensky’s high-stakes meeting with former U.S. President Donald Trump. This move, unveiled during Zelensky’s stopover in Halifax, was designed not only to address Ukraine’s immediate economic challenges but also to reaffirm Canada’s long-term support for Ukrainian sovereignty.
          The funding structure includes approximately $1.6 billion in loan guarantees through the International Bank for Reconstruction and Development (IBRD), while the remainder will enable Ukraine to access additional financing via the International Monetary Fund (IMF). Ottawa also confirmed its participation in extended debt repayment deferrals for Ukraine. These financial tools reflect a direct effort to stabilize Ukraine’s economy in the face of prolonged conflict, and they reveal a causal linkage between donor confidence and Ukraine’s fiscal resilience.

          Timing as a political signal before U.S. engagement

          The timing of the announcement on the eve of Zelensky’s scheduled meeting with Donald Trump carries symbolic weight. While Trump has expressed skepticism about Ukraine aid in the past, Canada’s decisive financial intervention signals continuity of Western backing regardless of potential shifts in U.S. policy. This not only bolsters Zelensky’s negotiating position but also serves as a message to global observers that support for Ukraine is multilayered and international.
          Zelensky stated that his discussions with Trump would include security guarantees and potential economic agreements. However, he remained cautious about outcomes, acknowledging the uncertainty of what might be finalized during the dialogue. The pre-meeting Canadian aid announcement can thus be interpreted as an attempt to influence the tenor of upcoming negotiations and ensure Ukraine is not left isolated on the global stage.

          Europe aligns in coordinated support

          In a coordinated show of solidarity, European leaders also reaffirmed their support for Ukraine in parallel with Canada’s announcement. European Commission President Ursula von der Leyen emphasized that any sustainable peace must preserve Ukraine’s sovereignty and territorial integrity, affirming the EU’s strategic position.
          She pledged that the European Commission would maintain diplomatic and economic pressure on Russia throughout 2026, while continuing to aid Ukraine’s EU accession ambitions. Her language suggests both a causal belief that Western unity can shift Kremlin behavior and a correlated understanding that sustained support boosts Ukraine’s standing in negotiations.
          German Chancellor Friedrich Merz echoed these sentiments, asserting that Zelensky has the “full support” of NATO and EU leaders as he prepares to engage with Trump. Merz’s comments further underline the coordinated diplomatic strategy among Western allies a collective front that aims to shape the narrative and boundaries of any future peace framework involving Ukraine.
          Canada’s $2.5 billion aid package to Ukraine, announced just before Zelensky’s pivotal meeting with Donald Trump, functions as both a financial lifeline and a political message. The support illustrates a proactive effort by Western allies to influence the geopolitical balance surrounding the Russia-Ukraine conflict and prevent any fragmentation in international consensus. With European leaders reinforcing the message of unity and justice for Ukraine, the stage is set for a high-stakes diplomatic encounter one that could have lasting implications for Eastern Europe’s future stability and sovereignty.
          To stay updated on all economic events of today, please check out our Economic calendar
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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          Philippines Struggles to Regain Chinese Tourists Amidst Regional Competition

          Gerik

          Economic

          Slow recovery in a highly competitive regional landscape

          Once among the top destinations for Chinese tourists, the Philippines is now lagging behind other Southeast Asian nations in its post-pandemic recovery efforts. In 2019, the country welcomed over 1.7 million Chinese visitors, making China its second-largest inbound tourism market after South Korea. However, as of December 20, 2025, only 262,000 Chinese tourists had returned barely 15% of the pre-pandemic figure.
          This sharp decline is particularly concerning as neighboring countries, such as Vietnam and Thailand, have managed to revive their Chinese inbound tourism sectors at a much faster pace. Vietnam has attracted around 4.8 million Chinese tourists so far this year, while Thailand has welcomed approximately 4.36 million. Singapore also saw nearly 3 million Chinese arrivals by November 2025. In contrast, the Philippines currently ranks sixth among China’s outbound destinations in Southeast Asia, signaling a weakened position in the regional tourism market.
          The disparity in recovery rates is not solely a result of consumer preference but reflects varying levels of policy readiness, airline capacity, and perceived safety and convenience. This suggests a combination of both correlative and causal factors influencing tourist flows.

          Policy shifts and e-visa reinstatement

          In response to the sluggish tourist return, the Philippines resumed its electronic visa (e-visa) system for Chinese travelers in November, following a two-year suspension. According to tourism attaché Ireneo Reyes, the reactivation of e-visas sends a “clear signal” that the country is open, ready, and eager to welcome Chinese tourists once again.
          This policy shift is a deliberate attempt to remove friction in the travel process and reflects a causal strategy aimed at directly increasing arrival numbers. However, the limited immediate impact suggests that procedural reforms alone are insufficient unless paired with broader structural adjustments.

          Flight capacity bottlenecks and connectivity gaps

          Another major factor hampering recovery is the restricted flight capacity between China and the Philippines. Current air connectivity remains at just 45% of pre-COVID levels. With fewer direct flights and limited scheduling options, the Philippines appears less accessible than competitors in the region, which have rapidly restored or even expanded their air links with Chinese cities.
          The limited flight availability acts as both a logistical and psychological barrier to travel. It directly reduces the volume of possible visitors and indirectly affects perceptions of convenience and reliability both of which are crucial in a competitive regional tourism market. Thus, there is a clear causal relationship between airline capacity and tourism volume.

          Tourism’s critical economic role and the urgency of revival

          Tourism remains a vital pillar of the Philippine economy. According to the ASEAN+3 Macroeconomic Research Office, tourism contributed 13.2% to the country’s GDP in the previous year and employed roughly 13.8% of the national workforce. Given these figures, the underperformance in key source markets such as China poses a significant economic risk.
          Rebuilding tourism connections with China is not merely about numbers it is central to sustaining employment, regional development, and foreign exchange earnings. The ongoing delays in recovery, therefore, carry broader macroeconomic implications, especially in light of the global economic uncertainty and shifting travel patterns.
          The Philippines faces a formidable challenge in reviving its Chinese tourist market amidst fierce regional competition. Although measures such as the reinstatement of e-visas and efforts to restore flight capacity are underway, their impact remains limited so far. Without more coordinated and large-scale actions to restore confidence and convenience for Chinese travelers, the Philippines risks falling further behind its Southeast Asian peers with potential consequences for both its tourism sector and broader economic stability.
          To stay updated on all economic events of today, please check out our Economic calendar
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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