Daily Market Insight
Daily Market Insight: 12 June 2023
• ECB to hike rates in June and July to break sticky inflation • Japan's wholesale inflation eases, goods close to consumers continue to rise • Argentina inflation seen hitting 149% this year, up from previous poll • Dollar gains before Fed meeting, inflation data
Daily Market Insight: 9 June 2023
• US weekly jobless claims race to 1-1/2-year high, economists urge caution • Japan’s current account in black for third straight month • Chinese CPI inflation shrinks further in May, PPI hits 7-year low • Dollar dips as jobless claims increase
Daily Market Insight: 8 June 2023
• US trade deficit widens to 6-month high, expected to dent economic growth • China's exports tumble in May as global demand falters • Australian exports slide, trade surplus misses expectations in April • Safe haven dollar edges higher after weak Chinese trade data
Daily Market Insight: 7 June 2023
• Euro zone retail sales flat in April, with weaker food, fuel sales • Australian economy barely grows in Q1 amid high rates, sticky inflation • Thai May headline inflation lowest in 21 months, seen falling further • Greenback gains, Aussie jumps on RBA rate hike
Daily Market Insight: 6 June 2023
• US services sector softens, factory orders boosted by defense • U.S. economy adds 339,000 jobs in May • Japan's Q1 GDP growth seen revised up on strong capex • Dollar falls after weak services data
Daily Market Insight: 2 June 2023
• US weekly jobless claims rise slightly; labor market defies recession fears • UK factory output contracts again in May • South Korea revised Q1 GDP +0.3% q/q, unchanged from earlier estimate • Dollar stumbles as signs point to Fed skipping June rate hike
Daily Market Insight: 1 June 2023
• US job openings increase to 10.1 million in April • German inflation drops to lowest level in more than a year • Japan's solid capex growth points to upward revision to Q1 GDP • Dollar backs off highs after Fed officials suggest skipping June rate hike
Daily Market Insight: 31 May 2023
• US consumer confidence dips to six-month low, labor market views soften • Inflation in Tokyo slows in May, but key gauge hits four-decade high • China manufacturing PMI shrinks further in May, dashing recovery bets • Dollar to ride rate-hike expectations higher as focus set to shift to labor market
Daily Market Insight: 30 May 2023
• US House Rules panel to meet Tuesday on debt ceiling bill • UK shop price inflation strikes new record high • South Korea producer inflation slows to 27-month low in April • Dollar eases as deal over US debt ceiling lifts risk appetite
Daily Market Insight: 29 May 2023
• Strong US consumer spending, inflation readings put Fed in tough spot • UK shoppers boost spending despite inflation’s bite • China industrial profits tumble 18% in April as demand sputters • Dollar set for third week of gains as US debt talks loom large