Core consumer inflation in Japan's capital Tokyo likely grew in November but at slower pace than the month before, a Reuters poll of economists showed on Friday, in a sign that price pressures may be easing.
The World Bank, with support from Japan, has approved a $1.2 billion loan for Ukraine to bolster its social support systems under the INSPIRE project. This initiative aims to enhance social protection and inclusion for vulnerable groups, including disabled individuals, orphans, and Chornobyl victims. The loan is part of an international effort to meet Ukraine's financing needs through 2024, with the country's social programs being a key focus.
U.S. manufacturing remained subdued in November, with factory employment declining further as hiring slowed and layoffs increased, more evidence that the economy was losing momentum after robust growth last quarter.
Global manufacturing activity remained weak in November on soft demand, surveys showed on Friday, as euro zone factory activity kept contracting, while there were mixed signs on the strength of China's economy.
Asian shares were mixed on Monday while gold spiked to all-time peaks above $2,100 at the start of a busy week for economic data that will test market wagers for early and aggressive rate cuts from major central banks next year.
Oil futures rose on Monday as geopolitical tension in the Middle East returned to focus, spurring concerns about supply from the region, but uncertainty over OPEC+ voluntary output cuts and global fuel demand growth clouded the sector's outlook.
