Holly Ellyatt

Russia's central bank on Friday left its key interest rates unchanged at 21%, citing monetary tightness as Moscow wages an ongoing battle with sky-high inflation.

Russia's central bank on Friday unexpectedly left its key interest rates unchanged at 21%, citing improved monetary tightness that had created the conditions to tame sky-high inflation.

European markets are expected to open higher Monday as a holiday-shortened trading week begins in the run-up to Christmas.

Treasury yields retreated on Tuesday in a holiday-shortened trading session ahead of the Christmas break.

European markets are expected to open flat to lower Tuesday ahead of the New Year holiday.

European markets crept higher Tuesday although the trading session was muted ahead of the New Year holiday.

European markets are set to kick off 2025 in positive territory on Thursday.

The euro zone ended a topsy-turvy year, Germany and France, undergoing political and economic turbulence that stranded the region's two largest economies without a budget in place for this year.

As France enters the new year, there's little hope that the political and economic uncertainty that's been plaguing Paris for months will disappear in 2025.