According to RIA Novosti: The Russian Defense Minister stated that the Russian army continues to advance in all directions in Ukraine.

The Russian ruble extended its decline against the US dollar, falling to 90 for the first time since November 20.

Dutch Prime Minister Rutte: The Netherlands will commit (provide) 15 million euros to the climate disaster fund.

Hungarian Finance Minister: We will take measures to solve the deficit problem when necessary.

According to trader information, Russia plans to export 1.469 million tons of petroleum products from the Black Sea port of Tapsa in December, compared with 1.103 million tons planned for November.

S&P Global Market Intelligence comments on UK Manufacturing PMI: Underlying industry dynamics further highlight how this combination of high uncertainty and low confidence affects corporate performance. Weak business-to-business and capital spending were the main drivers of the latest round of production cuts as output and new orders in the intermediate goods and investment goods sectors both shrank. In contrast, consumer-facing manufacturer activity saw solid growth.

The euro fell to 0.86 against the pound EUR/GBP, down 0.29% on the day.

S&P Global Market Intelligence comments on UK manufacturing PMI: Although the decline in production eased significantly in November, the latest PMI report did not bring a friendly atmosphere when considering the smaller details. As new order inflows and exports continue to fall sharply, and customers destock, a sustained growth recovery appears elusive. Manufacturers are preparing for tough times ahead, and their continued caution has led to reductions in staff, inventory and purchasing.

GBP/USD rose 10 points in the short term and is now at 1.2673.

Kremlin: The United States is trying to undermine the entire trading system to destroy the Russian economy.

Kremlin: (Regarding U.S. officials’ remarks about sanctions) We have known for a long time that sanctions from Western countries will last for many years.

Kremlin: OPEC+ creates conditions for energy market stability and supports energy prices at a balanced level.

Kremlin: Russia intends to continue cooperation with OPEC+.

Kremlin: Russia is continuing to contact the Gaza Strip to rescue its remaining citizens; given the scale of this "humanitarian disaster", extending the ceasefire in Gaza is more appropriate.

Tesla (TSLA.O) U.S. stocks fell 1.5% before the market opened. Deliveries of its electric pickup truck Cybertruck began today.

According to Nikkei: Itochu Corporation and Volkswagen-backed 24M Technology will sell semi-solid-state batteries.

Hamburg Commerzbank commented on the Eurozone Manufacturing PMI: Although the economic downturn is widespread throughout the Eurozone, the situation in the four major economies in the Eurozone is different. Germany is the only country where output declines have eased, while other countries are experiencing worsening conditions. In terms of new orders, the decline in new orders in Germany, France, Italy and Spain has slowed down, but to different extents. These divergent moves suggest the economic recovery may encounter some headwinds as it gains momentum. A key indicator of the beginning of economic recovery may be a more synchronized upward trend in the PMI index of various economies, thus allowing the economies of various countries to self-reinforce and promote each other.

Hamburg Commerzbank commented on the Eurozone Manufacturing PMI: The consumer goods industry seems to be in better shape than intermediate products and investment goods. This is a common pattern in recessions, with a large portion of personal consumption tending to remain stable. In contrast, the cyclical nature of intermediate and investment goods makes them vulnerable to economic downturns. When the situation changes, the situation may reverse, and in the recovery of manufacturing, these industries may outpace consumer goods. However, the current state of the PMI index suggests that this turning point may still be far away.