Daily Market Insight
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
Daily Market Insight: 14 January 2025
• NY Fed survey shows US consumers expect persistent inflation • Mexico to offer nearshoring incentives to reduce China imports • Chinese trade surplus hits $1 trillion on pre-Trump exports • China plans to expand visa-free entry to more countries • The US dollar keeps rising ahead of the CPI report
Daily Market Insight: 13 January 2025
• 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
Daily Market Insight: 10 January 2025
• 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
Daily Market Insight: 9 January 2025
• 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
Daily Market Insight: 8 January 2025
• 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
Daily Market Insight: 7 January 2025
• 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
Daily Market Insight: 6 January 2025
• 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
Daily Market Insight: 3 January 2025
• 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