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Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $63.15 per troy ounce, down 1.41% from the $64.06 it cost on Monday.

USD/CNH has extended its decline after breaking below the lower boundary of a multi-month descending channel, reinforcing the broader bearish trend, Société Générale's FX analysts note.

United Kingdom S&P Global Manufacturing PMI above forecasts (50.2) in December: Actual (51.2)

United Kingdom S&P Global Composite PMI came in at 52.1, above forecasts (51.4) in December

United Kingdom S&P Global Services PMI above forecasts (51.5) in December: Actual (52.1)

Renewed optimism over a Russia-Ukraine ceasefire weighed on the Oil market yesterday. ICE Brent settled a little more than 0.9% lower, leaving it at $60.56/bbl -- the lowest close since May.

The US labour market report breaks with tradition by landing on a Tuesday, but expectations are modest, with job growth seen at just 50k and little change in unemployment.

USD/CNH remains under pressure even as China’s activity data disappoints, with a fresh multi-month low in the daily fixing reinforcing a gradual RMB appreciation bias.

Italy Consumer Price Index (YoY) came in at 1.1% below forecasts (1.2%) in November

Italy Consumer Price Index (MoM) meets forecasts (-0.2%) in November

Italy Consumer Price Index (EU Norm) (YoY) meets expectations (1.1%) in November

Italy Consumer Price Index (EU Norm) (MoM) in line with expectations (-0.2%) in November

Eurozone HCOB Services PMI came in at 52.6 below forecasts (53.9) in December

Eurozone HCOB Manufacturing PMI below forecasts (49.9) in December: Actual (49.2)

Eurozone HCOB Composite PMI came in at 51.9, below expectations (53) in December

The Pound Sterling (GBP) demonstrates sheer volatility against its major currency peers on Tuesday, following the release of the United Kingdom (UK) labour market data for the three months ending in October.

Germany HCOB Manufacturing PMI below expectations (48.5) in December: Actual (47.7)

Germany HCOB Composite PMI below expectations (52.5) in December: Actual (51.5)

Germany HCOB Services PMI below expectations (52.8) in December: Actual (52.6)

EUR/USD remains steady near two-and-a-half-month highs on Tuesday, trading practically flat at 1.1750 at the time of writing, ahead of the release of the preliminary Eurozone Manufacturing and Services Purchasing Managers Indexes (PMIs) for December and the delayed US employment figures.