According to Kuwait’s national news agency: Kuwait’s cabinet submitted its resignation to the new emir (head of state).

ECB Governing Council member Nagel: Borrowing costs must remain stable for now so that the impact of tightening policy can be felt.

ECB Governing Council member Nagel: Investors should exercise caution when betting on lower borrowing costs in the euro zone.

The price of base load electricity for next-day delivery in France fell 35.3% to 43 euros/MWh.

Source: Israel insists on including women and frail male hostages on release list.

The price of baseload electricity for next-day delivery in Germany fell 52.1% to 28.50 euros per megawatt hour.

Ukraine reduces foreign financing needs in 2024 to $37.3 billion.

The Indonesian government announced that it would set the benchmark coal price at US$34.18-117.38/ton.

French Bank of France survey: French companies expect the inflation rate for the next year to be 3.5% in the fourth quarter, lower than the 4.0% survey in the third quarter. French companies expect wages to rise by 3.5% over the next year, up from 3% in the third quarter.

The Swedish National Institute of Economic Research (NIER): Swedish inflation will be significantly below the target in the second half of 2024.

The Swedish National Institute of Economic Research (NIER): The Swedish repo rate is expected to be 3.3% in 2024.

World Bank statement: Provide additional US$250 million to Sri Lanka to support economic reforms.

The UK two-year government bond yield fell more than 10 basis points on the day to 4.18% after UK CPI data was lower than expected.

British Finance Minister Hunt: The inflation problem still needs to be solved, it has never been in a straight line downward trend. We want to reduce the tax burden where possible.