Daily Market Insight
Daily Market Insight: 21 December 2023
• US consumer confidence rises to five-month high; home sales eke out gains • German consumer sentiment to rise with start of new year • Japan government lifts economic growth estimates • Dollar rises on safe-haven bid, big UK inflation drop hits pound
Daily Market Insight: 20 December 2023
• US single-family housing starts scale more than 1-1/2-year high • Japan's exports fall for first time in three months as China shipments sag • China leaves lending benchmark rates unchanged as expected • Dollar rises vs yen as BOJ sticks with ultra-loose policy
Daily Market Insight: 19 December 2023
• US corporate bond issuance seen increasing after yields slide • German business sentiment falls in December • BOJ keeps ultra-loose policy intact • China's economic conditions to improve in 2024 • Dollar slips against euro as Fed rate-cut outlook weighs
Daily Market Insight: 18 November 2023
• US manufacturing output increases in November, underlying trend soft • Euro zone likely in recession, PMI surveys show • China's economic conditions to improve in 2024 • Dollar rebounds as Fed's Williams talks down rate cuts
Daily Market Insight: 15 December 2023
• US economy still resilient as retail sales beat expectations, layoffs stay low • Japan's factory activity extends declines as pressures persist • China's weak property sector, retail sales keep stimulus calls alive • Dollar tumbles on dovish Fed, euro gains as ECB talks down rate cuts
Daily Market Insight: 14 December 2023
• US producer prices unchanged amid cheaper energy products • Euro zone industry output falls by more than expected in October • Japan Oct machinery orders unexpectedly rise despite economic uncertainty • Dollar drops as Fed signals coming rate cuts
Daily Market Insight: 13 December 2023
• US November’s inflation edged down while core inflation remains • UK unemployment rate holds steady at 4.2% • Japan’s PPI slows to weakest pace since 2021 • Oil falls on softening demand, oversupply concerns • Dollar dips as investors wait for Fed’s last meeting
Daily Market Insight: 12 December 2023
• US non-farm payrolls rise more than expected in November • German inflation eases to 2.3% in November • Japan's inflation-adjusted wages decline for 19th month in October • India keeps repo rate steady at 6.5% amid robust economic growth • Dollar firms amid forward outlook on the week ahead
Daily Market Insight: 8 December 2023
• US mortgage rates fall to nearly 4-month low • Japan Q3 GDP falls faster than initial estimates; household spending also down • China trade balance grows in Nov on improved exports, but imports fall • Yen rallies on hints of BOJ policy shift
Daily Market Insight: 7 December 2023
• US private employers add 103,000 jobs in November • Weak US third-quarter unit labor costs point to slowing inflation • China's exports slump seen slowing as pockets of demand emerge • Dollar at 2-week high, euro softer as market bets on rate cuts