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Japan Jibun Bank Manufacturing PMI above forecasts (49.5) in December: Actual (49.6)

China urges local governments to give cash handouts for New Year

China’s central government said it will offer handouts to people struggling with the cost of living and vowed more benefits for some unemployed people ahead of a key national holiday, Xinhua News Agency reported, citing a notice from the Ministry of Civil Affairs.
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ECB’s Holzmann: Next ECB rate cut could be longer in coming

The European Central Bank (ECB) Governing Council member Robert Holzmann said on Saturday that the next interest rate cut by the ECB could be longer in coming after a recent uptick in inflation, per Reuters.
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