Happy Chrismukkah 🎅 🕎
Andrew Sheves Good morning. Merry Christmas and Happy Hanukkah to those celebrating.
Just the numbers and regional info today.
Key Metrics
WTI is $71.03 (Down)
Low |—- < —————| High
Wheat is $185.735 (Down)
Low |—— < ————-| High
EuroDollar is $1.04 (Down)
Low | < ——————-| High
YuanDollar is $0.14 (Unchanged)
Low |———- < > ———| High
Graphs are illustrative to show comparative price over last 180 days
Metrics via AlphaVantage updated Dec 25 2024 08:06 UTC
Europe Stability Ratings and News Summary
More Unstable
🇦🇱 Albania, 🇧🇾 Belarus, 🇧🇪 Belgium, 🇧🇦 Bosnia And Herzegovina, 🇩🇰 Denmark, 🇫🇷 France, 🇩🇪 Germany, 🇬🇷 Greece, 🇭🇺 Hungary, 🇮🇪 Ireland, 🇮🇹 Italy, 🇲🇰 Macedonia, 🇲🇩 Moldova, 🇲🇪 Montenegro, 🇳🇱 Netherlands, 🇵🇱 Poland, 🇷🇴 Romania, 🇷🇺 Russia, 🇷🇸 Serbia, 🇸🇰 Slovakia, 🇹🇷 Turkey, 🇺🇦 Ukraine
More Stable
No countries were more stable over this period
Unchanged
🇦🇩 Andorra, 🇦🇹 Austria, 🇭🇷 Croatia, 🇨🇾 Cyprus, 🇨🇿 Czech Republic, 🇪🇪 Estonia, 🇫🇮 Finland, 🇮🇸 Iceland, 🇱🇻 Latvia, 🇱🇮 Liechtenstein, 🇱🇹 Lithuania, 🇱🇺 Luxembourg, 🇲🇹 Malta, 🇲🇨 Monaco, 🇳🇴 Norway, 🇵🇹 Portugal, 🇸🇲 San Marino, 🇸🇮 Slovenia, 🇪🇸 Spain, 🇸🇪 Sweden, 🇨🇭 Switzerland, 🇬🇧 United Kingdom
Regional News Summary
Switzerland has been navigating a turbulent period marked by significant developments in banking, trade, and foreign investment. The Swiss parliament is currently investigating the collapse of Credit Suisse, revealing critical shortcomings in the nation’s banking regulations. This inquiry has prompted calls for reform within the Swiss financial sector, as the banking regulator faces scrutiny for its oversight failures [SOURCE - Swissinfo].
Amid these challenges, Switzerland has successfully negotiated a historic trade agreement with the EU, aimed at strengthening economic ties during these uncertain times. The deal has elicited mixed reactions from the Swiss press, oscillating between optimism and skepticism [SOURCE - IBTimes].
In a notable move to bolster its global investment profile, Switzerland-based Terminal Investment Limited has announced plans to invest approximately ₹20,000 crore in the Vadhvan port project in India. This investment is expected to significantly benefit the Indian economy and reinforce Switzerland’s role as a key player in foreign direct investment [SOURCE - NDTV Profit].
Meanwhile, France is grappling with a political crisis as Prime Minister Edouard Philippe has stepped down, leaving the country without a functioning government. The situation remains tense as President Emmanuel Macron has tasked new Prime Minister Bernard Cazeneuve with forming a government capable of addressing the nation’s crippling debt and high unemployment rates [SOURCE - Hursiyet Daily News].
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Carpe tomorrow!