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2024-12-14 11:53:02

European natural gas futures fell by more than 11% this week, and the EU carbon tax fell by about 6%. At the end of the European market on Friday (December 13th), ICE UK natural gas futures fell by 3.41% to 102.560p/kcal, with a cumulative decline of 11.49% this week. TTF benchmark Dutch natural gas futures fell 3.57% to 41.030 Euro/MWh, down 11.67% this week. ICE EU carbon emissions trading license (futures price) fell 2.80% to 64.25 euros/ton, down 5.94% this week.Japanese yen moves towards the longest losing streak since June. Traders bet that the Bank of Japan will stay put and the yen will move towards the longest losing streak against the US dollar since June. Traders bet that the Bank of Japan will not raise interest rates next week. The yen continued to fall on Friday, falling 0.7% against the US dollar to 153.72 yen, the lowest level since November 26th. The yen has fallen for the fifth day in a row, and is heading for the worst weekly performance in more than two months. Earlier this week, it was reported that the Bank of Japan thought that it would not pay a huge price to wait until January or later, because there were signs that there was little risk that inflation might exceed the target. It is reported that officials are still open to taking action next week, depending on data and market trends.Citigroup raised the target price of Broadcom from $205.00 to $220.00.


Morgan stanley capital international's MSCI Nordic Countries Index fell 1.4%, the worst one-day performance since November 15th, to 376.43 points, with a cumulative decline of more than 2.27% this week. Novo Nordisk closed down 3.9%, the worst performance among the constituent stocks.Citigroup raised the target price of Broadcom from $205.00 to $220.00.Market News: The daily active users of cryptocurrency reached a record high of 18.7 million in December, a significant increase compared with 7.7 million at the beginning of 2024.


NVIDIA position stock SoundHound AI soared nearly 16% in intraday trading, and has risen over 650% year-to-date, far exceeding NVIDIA's growth rate.Market News: Belarusian President Lukashenko approved the budget of Belarus in 2025.Bank of Mexico: High inflation may affect economic activities.

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