Daily Market Insight
Daily Market Insight: 11 December 2024
• Chinese exports grew as companies pushed to beat US tariffs • China’s consumer inflation slows even after stimulus efforts • China signals bolder stimulus for next year as Trump returns • RBA keeps rates steady, expressing confidence in easing inflation • US Dollar sees some gains as markets gear up for CPI data
Daily Market Insight: 9 December 2024
• US private payrolls growth slowed in November • US services activity grows at the weakest rate in three months • French government ousted in no-confidence vote, worsening political crisis • OPEC+ delays revival of its oil production by three months • Thailand's November inflation missed forecasts, staying below the central bank's target • US Dollar slips as markets await guidance in Friday's NFP report
Daily Market Insight: 6 December 2024
• US private payrolls growth slowed in November • US services activity grows at the weakest rate in three months • French government ousted in no-confidence vote, worsening political crisis • OPEC+ delays revival of its oil production by three months • Thailand's November inflation missed forecasts, staying below the central bank's target • US Dollar slips as markets await guidance in Friday's NFP report
Daily Market Insight: 4 December 2024
• US job openings rise to 7.7 million as labor demand stabilizes • Japan's service sector rebounds as demand strengthens • Australia’s GDP growth falls short as households tighten spending • South Korea's President announced and then lifted emergency martial law • Dollar dips ahead of jobs data as focus shifts to Fed policy
Daily Market Insight: 3 December 2024
• US manufacturing activity declines less than expected as orders grow • Fed officials keep options open for December rate decision • US strengthens restrictions on China’s access to AI memory and chip equipment • Euro falls as French government crisis deepens
Daily Market Insight: 2 December 2024
• Trump demands ‘commitment’ from BRICS nations on using dollar • Euro-Zone inflation accelerates but won’t derail ECB cuts • China’s factory activity grows, signaling a gradual recovery • South Korea's export growth hits a 14-month low as US demand weakens • The Japanese yen rises to a one-month high as Tokyo CPI boosts BOJ rate hike expectations
Daily Market Insight: 29 November 2024
• US plans China chip restrictions, but they are less strict than earlier proposals • German annual inflation unchanged at 2.4% in November • Tokyo inflation speeds up above 2% as energy subsidies fade • South Korea unexpectedly cuts interest rates as trade risks from Trump rise • Euro eases, dollar perks up in muted holiday trade
Daily Market Insight: 28 November 2024
• The Fed's preferred inflation measure rises, supporting a cautious stance • The U.S. second estimate for third-quarter economic growth remains unchanged at 2.8% • Initial jobless claims dip slightly, beating expectations • Thailand's industrial output decline moderates in October • The dollar drops following a batch of economic data ahead of the long weekend
Daily Market Insight: 27 November 2024
• Fed Minutes indicate officials support gradual rate cuts • US Consumer Confidence rises to highest in more than a year • Australia CPI misses expectations in Oct, underlying inflation rises • Thai exports surpass expectations with a robust 14.6% growth in October • The USD weakened after losing the Trump-tariff boost
Daily Market Insight: 26 November 2024
• Trump vows tariffs on China, Mexico, Canada over border • Trump selects hedge fund leader Bessent to Head US Treasury • Fed's Kashkari says a rate cut next month is worth considering • German business sentiment falls more than expected in November • Dollar eases as Treasuries rally on Bessent Treasury nomination