U.S. Futures Dip as Iran Ceasefire Faces Early Challenges 
White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Gulf Ceasefire Cracks Rattle Asian Markets and Push Oil Prices Higher 
Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates 
Middle East Conflict Threatens Global Economic Stability, World Bank Warns 
U.S. Markets Post Strong Weekly Gains Despite Middle East Tensions and Rising Energy Prices 
Oil Prices Rebound as Hormuz Disruptions and Middle East Tensions Rattle Markets 
Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns 
U.S. Stock Futures Surge as Trump Announces Iran Ceasefire, Oil Prices Plunge 
Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty 
U.S.-Iran Ceasefire: Fragile Truce Raises Hopes for Strait of Hormuz Peace Deal 
The German bunds jumped on the last trading day of the week after the European Central Bank (ECB) decided to continue its debt-buying operation even beyond September 2018, if required. Also, investors are closely eyeing the eurozone’s consumer price-led inflation index (CPI) for the month of November, scheduled to be released on December 16 by 10:00GMT.
The German 10-year bond yields, which move inversely to its price, plunged nearly 2 basis points to 0.29 percent, the yield on 30-year note slumped nearly 3 basis points to 1.10 percent and the yield on short-term 2-year traded flat at -0.73 percent by 08:40GMT.
After yesterday’s announcements from the Governing Council, which saw the ECB significantly revise up its GDP growth outlook but leave its inflation forecasts little changed, allowing Draghi to strike a dovish tone, it should be a relatively uneventful end to the week for euro-area economic news with the October trade report the most notable among the data releases. Given the narrowing of the German trade surplus that month, we also anticipate a modest decline in the euro area headline balance, from EUR25 billion in September.
Regarding non-standard monetary policy measures, the Governing Council confirmed that from January 2018 it intends to continue to make net asset purchases under the asset purchase programme (APP), at a monthly pace of EUR30 billion, until the end of September 2018, or beyond, if necessary, and in any case until the Governing Council sees a sustained adjustment in the path of inflation consistent with its inflation aim.
Meanwhile, the German DAX traded 0.20 percent down at 13,041.50 by 08:45 GMT, while at 08:00GMT, the FxWirePro's Hourly Euro Strength Index remained neutral at -51.33 (higher than +75 represents bullish trend). For more details, visit http://www.fxwirepro.com/currencyindex
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