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OPEC cuts and geopolitical tensions propel Brent crude up by over 13% in 2024

Yen Rises As European Shares Traded Lower

The Japanese yen strengthened against other major currencies in the European session on Monday as European stock markets traded lower, after last week's sharp rally on expectations that falling inflation across industrialized countries will prompt global central banks to start cutting interest rates next year.

China Deflation Provides Limited Relief for Global Central Banks

China’s consumer and producer prices fell together for the first time since 2020, a deflation cycle that could give global central banks some help in fighting…

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