China's central bank pledges to cut RRR, interest rate in 2026.China's central bank said on Tuesday it will cut the reserve requirement ratio and interest rates in 2026 to keep liquidity ample, and continue to implement appropriately loose monetary policy.
China and Russia response the next thing to watch on the Venezuela situation.The immediate reaction in markets to the whole Venezuela situation was reflected in oil prices earlier today. But as we have always seen in the past, geopolitical tensions tend to fade and so does the initial market reaction to it.
China responds to Venezuela situation, urges for immediate release of Maduro.The oil exports part is arguably the most interesting in all of this. For some context, Venezuela has seen its production and export capabilities crippled amid political instability and sanctions.
China's private PMI services falls to 52.0, constraints persist into 2026.China's RatingDog PMI Services edged down from 52.1 to 52.0 in December, marking the lowest level in six months and extending the slowdown in growth momentum for a fourth consecutive month.