Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Economic sentiment in Germany remained unchanged during the month of December, pointing to a stable economic growth over the next six months.
Germany’s index of economic sentiment remained at 13.8, coming in just a touch below expectations for a reading of 14.0, data released by the latest survey form the ZEW Center for European Economic Research in Mannhei showed Tuesday. However, the current situation index rose to 63.5 from 58.8 the month before, beating estimates of 59.1.
The ZEW survey reflects the assessment of financial analysts and institutional investors, while many economists prefer to look at business surveys--such as the purchasing managers' index--to gauge the underlying strength of Europe's largest economy.
"Investor confidence does not always correlate with economic sentiment, but the unchanged headline overall points to a relatively subdued IFO print in December," said Achim Wambach, President, ZEW.
Meanwhile, the EUR/USD traded at 1.06, down -0.24 percent, while at 10:00GMT, the FxWirePro's Hourly Euro Strength Index remained highly bearish at -113.30 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
