Financial Market Preview - Monday 15-Dec
Description
US futures edging higher at start of final full trading week of the year. European stocks opened higher and Asian equities are weaker. Treasury yields down 2 bps along curve while JGBs little changed. Dollar is strongest against kiwi after RBNZ governor's comments, while yen firmed against all majors. Crude and gold both higher. Bitcoin strengthening. Europe faces pivotal week as it works on Ukraine peace plans and attempts to reach loan agreement on funding Kyiv's war effort. Ukraine President Zelenskyy reiterated that ceasefire between Ukraine and Russia along current frontlines would be fair, but not Russia's demand for parts of Donetsk and Luhansk that Ukraine still holds. In a bid to reach ceasefire agreement Zelenskyy dropped bid for NATO membership in favor of similar security guarantees from US and European allies.
Companies Mentioned: ServiceNow, Intel, SK Telecom





