RIA Novosti: The Russian Defense Minister held talks with the Iranian Defense Minister.

Deutsche Bank: Hungary is expected to cut its benchmark interest rate by 100 basis points in January.

Market News: The UK Information Commissioner’s Office (ICO) has launched a consultation on generative artificial intelligence.

Russian Economy Minister: Russia’s GDP growth in 2023 may be close to 4%.

Indonesian Palm Oil Association: Palm oil production is expected to increase by no more than 5% year-on-year in 2024.

Indonesian Palm Oil Association: Palm oil exports are expected to be approximately 29 million tons in 2024, a year-on-year decrease of 4%.

Guinea’s bauxite exports will increase by 24% year-on-year in 2023, reaching 126.4 million tons.

The Australian dollar AUD/USD fell 0.50% on the day and is now at 0.6652.

Market news: Brazilian regulators approved Brazilian oil giant Enauta’s oil field deal with Qatar Energy.

The Russian ruble continued its gains, with the U.S. dollar USD/RUB falling to 87.65, the weakest since the end of June 2023.

Senior Ukrainian general: Ukraine shot down a Russian A-50 reconnaissance aircraft and IL-22 command aircraft.

USD/JPY rose 0.50% during the day and is now at 145.62.

The Mauritius Stock Exchange will close at 13:20 pm local time on Monday due to the hurricane.

Total Italian government debt fell to 2.86 trillion euros in November.

BlackRock Vice Chairman Hildebrand: A divided world means lower global growth rates. Conflict means lower global potential growth.

The German Economy Ministry reports: Current early indicators do not herald a rapid economic recovery.

BlackRock Vice Chairman Hildebrand: U.S. wage and services inflation shows resilience.

BlackRock Vice Chairman Hildebrand: Wage inflation remains very high. Optimism about U.S. interest rates is exaggerated.

The Stoxx Europe 600 index hit an intraday low and is now down 0.4%.

Israeli Defense Minister: Turkey is ungrateful to Israel, which was the first country to provide aid to Turkey after the 2022 earthquake. Türkiye is effectively the executive arm of Hamas.