Daily Market Insight
Daily Market Insight: 28 January 2025
• US new home sales surpass expectations • German business confidence unexpectedly rises in January • China's DeepSeek triggers a downturn in the AI market • China’s economy loses momentum ahead of major New Year holiday • The US Dollar Index saw volatility early in the week due to AI news
Daily Market Insight: 27 January 2025
• Trump prefers not to impose tariffs on China but keeps the threat • US business activity slows as service sector growth eases • Euro zone businesses kick off the year with a slight rebound in growth • BoJ hikes interest rates to a 17-year high • US Dollar ends the week down after economic data and Trump’s remarks
Daily Market Insight: 24 January 2025
• Trump at Davos: Pushes NATO 5%, lower oil prices, and EU tariff warnings • US jobless claims edge up, while ongoing applications soar • Japan's inflation hits 3%, boosting rate-hike prospects • Thai exports beat forecasts in December, with January growth expected despite trade uncertainty • US Dollar remains stuck and shows little progress
Daily Market Insight: 23 January 2025
• ECB policymakers support additional interest rate cuts • Japan’s exports rise as Trump’s tariff impact looms • China unveils plan to encourage insurance funds into stock markets • South Korea’s economy struggles amid political turmoil • The US dollar traded sideways awaiting direction
Daily Market Insight: 22 January 2025
• Trump says he's still considering a 10% tariff threat on China • UK wage growth hits six-month high ahead of BOE meeting • Canadian consumer prices rose slightly in December, helped by a sales tax break • China vows to increase imports after avoiding US tariffs • Dollar pressured as investors await Trump's policy clarity
Daily Market Insight: 21 January 2025
• Donald Trump was sworn in as the 47th president • Trump delays China tariffs, orders review • China holds loan prime rate steady • South Korea’s early trade data reveals slow export growth • Dollar declines as signs point to gradual Trump tariffs
Daily Market Insight: 20 January 2025
• Trump and Xi discuss trade and TikTok before inauguration • US industrial output beats forecasts as manufacturing stabilizes • UK retail sales drop sparks growth concerns • China hits 5% GDP target, but Trump tariffs pose growth risks • IMF boosts global growth forecast due to stronger US demand • The US dollar was volatile on Friday ahead of Trump's inauguration
Daily Market Insight: 17 January 2025
• US initial jobless claims rose more than expected • US Retail Sales expanded but less than market expectations • China imposes provisional duties on US, EU, Japan, Taiwan industrial plastics • UK economy’s disappointing November growth • Bank of Korea surprises by holding rates steady as uncertainty lingers • Dollar turns lower ahead of Trump inauguration
Daily Market Insight: 16 January 2025
• US consumer prices slows as expected in December • UK inflation decrease provides relief to reeves after market downturn • BOJ chief Ueda signals rate hike chance next week • Bank Indonesia unexpectedly reduces interest rates to boost growth • Dollar weaker as inflation eases; yen firms on BOJ talk
Daily Market Insight: 15 January 2025
• US wholesale inflation unexpectedly slows because of a decline in food prices • Trump team considers gradual tariff hikes under emergency powers • BOJ Deputy Governor hints at the possibility of a rate hike next week • China’s new loans decline for the first time in 13 years due to weak demand • US Dollar cools off ahead of CPI release