It is reported that the EU is preparing to impose punitive tariffs on Russian grains.

The Central Bank of Paraguay lowered its key interest rate by 25 basis points from 6.25% to 6.0%.

Market news: The United States will introduce a resolution calling for an immediate ceasefire on Friday morning as part of a hostage deal voted on at the United Nations Security Council.

The United States seeks to purchase 1.5 million barrels of sour crude oil to replenish war reserves.

Mexico’s central bank: Inflation is expected to trend toward the 3% target level in the second quarter of 2025.

Mexico’s central bank: The process of falling inflation is expected to continue.

Mexico’s central bank: Inflation is expected to be 3.6% in the fourth quarter of 2024.

Bank of Mexico: Decisions will be made based on available information at future monetary policy meetings.

Mexico’s central bank: The committee did not reach agreement on interest rate decisions.

Hang Seng Index futures closed down 0.66% in night trading at 16,747 points, a 116-point discount.

The Bank of Mexico cut interest rates by 25 basis points from 11.25% to 11.00%, in line with market expectations.

Bitcoin continued to fall, falling below $65,000 per coin, down 3.09% on the day.

US Secretary of State Blinken: We are making very good progress on reaching an agreement with Saudi Arabia.

Goldman Sachs: Türkiye’s central bank is expected to ease monetary policy starting in the third quarter.

Goldman Sachs: Turkey’s inflation rate is expected to begin to decline sharply in the second half and full year, falling to 33% by the end of the year.

Goldman Sachs: The Turkish Central Bank’s 500 basis point interest rate hike is a one-time adjustment and not the beginning of an interest rate hike cycle.

US Secretary of State Antony Blinken: The Palestinian Authority has seen some initial steps toward reform, but more is needed. If the Palestinian Authority pursues reforms, the region will support them.

U.S. Secretary of State Blinken: Agreed with Arab leaders to work with experts in the next few days to identify emergency measures to increase aid; Israel needs to do more to provide aid to Gaza.

Bitcoin fell to US$66,000 per coin, an intraday drop of 1.57%.

Argentina’s Minister of Economy: Argentina’s economy is expected to quickly achieve a V-shaped recovery. The tax cuts will begin once the economy starts growing.