• The dollar wobbled in thin trading on Friday, on track for losses against most rivals in a holiday-shortened week as it remained under pressure on the Federal Reserve’s cautious view on low U.S. inflation
The index .DXY that tracks the dollar against a basket of six major rival currencies was down 0.1 percent at 93.153 , and 0.5 percent lower for the week.
The dollar added 0.2 percent against the yen to 111.46 JPY=, pulling away from Thursday's two-month low of 111.07 yen, though it was still down 0.5 percent for the week.
• The euro was steady at $1.1852 EUR=, not far from last week's one-month high of $1.1862. For the week, it was up 0.5 percent.
• Russia is ready to discuss an extension of a global deal between OPEC and other countries to cut oil output in Vienna on November 30, TASS news agency quoted the Energy Minister Alexander Novak as saying on Friday.
• North Korea is facing a growing number of international sanctions, but there are still plenty of ways the reclusive state can do business.
Despite restrictive conditions, the pariah nation's overall economy grew 3.9 percent last year — its fastest since 1999. Pyongyang did business with at least 80 countries during that time, according to figures from the South Korean government.
It's not yet clear how the North Korean economy is faring this year, but the situation may be growing tougher for the country: The United States announced more sanctions this week after President Donald Trump put the country back on a list of state sponsors of terrorism.
• China’s banking regulator said on Friday that it has issued draft guidelines for commercial banks to better manage their interest rate risks, as China pushes forward with its interest rate liberalization reform.
New rules have details on banks’ risk management requirements and ask commercial banks to conduct interest rate stress tests and routine assessments on their risk conditions.
The guidelines will take effect on January 1, 2019.
• The president of the European Commission Jean-Claude Juncker said on Friday that a meeting with British Prime Minister Theresa May on December 4 will allow the EU to see whether sufficient progress was made on Brexit talks.
• U.S. crude oil rose to a two-year high on Friday, as the shutdown of a major crude pipeline from Canada to the United States tightened North American markets.
Trading activity is expected to be very low on Friday due to the U.S. Thanksgiving holiday.
U.S. West Texas Intermediate (WTI) crude futures were at $58.56 a barrel at 0753 GMT, up 54 cents, or 0.9 percent from their last settlement. Prices had risen as far as $58.59 a barrel on Friday, the highest since July 1, 2015.
Brent crude futures LCOc1 rose 4 cents to $63.59 a barrel after spending much of the Asia trading session in negative territory.
Reference: Reuters, CNBC
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