Daily Market Insight

• Strong US jobs report backs case for pause in Fed rate cuts • Michigan consumer sentiment index drops below expectations • BOJ may raise inflation forecast due to rice prices and weak yen • US intensifies pressure on Russia with new energy sanctions • US dollar rises as strong jobs data backs Fed’s rate cut pause

• Fed officials signal interest rates likely on hold for a while • US hiring announcements in 2024 lowest in nine years • Euro zone consumers cut spending amid economic stagnation • China's consumer prices decline, deepening deflation concerns • US Dollar strengthens ahead of NFPs

• Fed minutes reveal officials want to slow rate cuts • Trump considering national emergency declaration for new tariffs • ADP Report: US job growth hits 122,000, lowest since August • Japan's base pay rises most in 32 years, supporting rate-hike outlook • US Dollar holds gains after FOMC minutes

• US job openings rise to six-month high on business services • US services index climbs, price gauge hits highest since 2023 • Euro-Zone inflation rebounds but won’t derail ECB rate cuts • Australia's key CPI gauge moves closer to RBA target in November • Dollar strengthens as strong US data signals Fed may slow easing

• Trump says reports on changes to his tariff policy are incorrect • German inflation rises more than expected in December • Ueda reminds bankers of potential rate hikes • Trudeau resigns after 9 years as Liberals push him out • Thai inflation hits target for the first time in seven months • Dollar drops in volatile trading amid Trump tariff uncertainty

• US manufacturing index rose slightly at year-end • Barkin says he prefers Fed keep rates restrictive for longer • German unemployment rose less than expected in December • Japan's service sector experiences growth driven by robust demand • Dollar dips but eyes strong weekly gains

• US initial jobless claims fall to eight-month low to end 2024 • US manufacturing PMI shows mild contraction, below expectations • Eurozone factories felt little holiday boost in December • China's factory growth slows as the recovery continues to face challenges • China plans export curbs on battery parts, mineral technology • The dollar gains ground in 2025 due to its underlying strength

• Russia and Ukraine halt gas transit to Europe after 50 years • China’s services activity jumps as stimulus lifts local demand • China's manufacturing grew in December, but missed forecasts • South Korea’s exports rise with increased demand from China • South Korea's inflation rises as political unrest grows • Dollar strengthens on Fed caution and Trump trade issues

• US goods trade gap widens in November • Yellen announces that the Treasury will reach the debt limit by mid-January • Japan's factory activity shrinks at slower pace • China urges local governments to give cash handouts for New Year • US Dollar fluctuates as caution continues at year-end

• U.S. jobless claims decline, but unemployment duration increases • Tokyo inflation rises as subsidies are temporarily removed • World Bank raises China's GDP forecast for 2024 and 2025 • The Japanese yen remains below 158 level after the release of Japanese data