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.Goldman Sachs: Preliminary data from EPFR show that the allocation of global mutual funds to China stocks declined in November. On the asset-weighted basis, active mutual funds still underallocate China stocks by 290 basis points. This week, China stock funds ushered in a strong inflow of $5.6 billion, breaking the previous trend of outflow for seven consecutive weeks.Brazil's central bank will provide at least $1 billion in spot dollar auctions. The decline of the Brazilian real against the US dollar narrowed.
Turkey said it would crack down on Kurdish armed forces in Syria. Turkish President Erdogan held talks with visiting US Secretary of State Blinken in Ankara on December 12. The two sides discussed the latest situation in Syria and bilateral relations. Erdogan said that Turkey would crack down on all "terrorist organizations" such as the PKK.German regulators investigate potential abuse of electricity price increases.Dan Morehead, founder and managing partner of Pantera Capital: Cryptographic currency is a new asset class, which has not been developed by institutional investors to a large extent. Still optimistic about the long-term development trend of cryptocurrency market.
According to the media, air strikes against Syria provide an opportunity to attack Iran's nuclear facilities. On December 12, The Israel Times quoted Israeli military officials as saying that the Israeli military believed that Israeli warplanes and drones gained huge air superiority after air strikes destroyed almost all Syria's air defense equipment, which enabled Israeli warplanes to pass through Syrian airspace more safely and launch attacks on Iran's nuclear facilities.Google will appeal against the decision of the Turkish competition authority, which decided to fine Google 2.61 billion lira ($75 million) for taking advantage of its dominant position in the advertising server service market. Google said on Friday that it intends to appeal this decision. A spokesman for the company said that the decision of the Turkish competition authority did not take into account the fierce competition, and there were many choices for advertising buyers and sellers.The European Bank for Reconstruction and Development has provided Ukraine with over 5.4 billion euros in financing. The European Bank for Reconstruction and Development issued a statement saying that it will provide Ukraine with 267 million euros in funds for emergency repair of Ukraine's highways leading to the border between Hungary and Slovakia. It is reported that since the conflict between Russia and Ukraine, the European Bank for Reconstruction and Development has provided Ukraine with more than 5.4 billion euros in financing.