Daily Market Insight
Daily Market Insight: 9 May 2024
• US wholesale inventories drop by unrevised 0.4% in March • German industrial output falls less than expected in March • Japan real wages fall in March, marking 2 years of decline • Dollar gains on rate outlook, yen weakens for third day
Daily Market Insight: 8 May 2024
• Eurozone retail sales rose slightly in March • UK PMI fastest expansion of construction output in 2 months • Australia RBA leaves interest rate on hold despite higher-than-expected inflation • Dollar steadies reflecting the Fed’s commenting on possible path of interest rates
Daily Market Insight: 7 May 2024
• US unemployment rate remained low • EU Industrial producer prices down more than 7% • Thailand April inflation turned positive in 7 months • Dollar soft on renewed rate cut bets; yen starts week on back foot
Daily Market Insight: 3 May 2024
• US labor market remain tight; productivity falters in first quarter • US manufacturing PMI decreased as new orders down, but in-line the 50 mark • South Korea consumer inflation edged down in April • Dollar struggles to rebound; gold price rallies after Federal Reserve meeting
Daily Market Insight: 2 May 2024
• Fed holds rates steady, citing no role in rate-move timing • US ADP non-farm employment above market expectation • UK manufacturing slips back into contraction as decline in output and new orders • Dollar and stock decline after Fed left interest rates unchanged
Daily Market Insight: 30 April 2024
• Eurozone economic sentiment unexpectedly fell in April • China Caixin manufacturing production expanded at most pace in almost a year • Thailand’s export dropped remarkably in eight months, more than market expected • Yen rebounds strongly after past 160 level since 1990 on possible intervention
Daily Market Insight: 29 April 2024
• US March’s inflation increases moderately • Eurozone inflation expectation declined further • BOJ leaves policy unchanged despite the currency continued weakness • Dollar drifts lower amid PCE data released
Daily Market Insight: 26 April 2024
• Imports hold back US economy in first quarter, inflation flares up • US weekly jobless claims unexpectedly fall • Tokyo CPI inflation slides below 2% in April as BOJ meeting approaches • Dollar sags after mixed US growth and inflation report, except against yen
Daily Market Insight: 25 April 2024
• US new home sales rebound to six-month high; rising mortgage rates a concern • South Korea Q1 GDP growth smashes estimates, but outlook's uncertain • Thailand's $13.5 billion handout aims to boost overall economy, not geared to poor • Dollar to remain FX king until US 'economic exceptionalism' cools
Daily Market Insight: 24 April 2024
• US business activity cools in April; inflation measures mixed • Euro zone business in services-led bounce in April, PMI survey shows • Japan's corporate service inflation perks up in March • Dollar calm ahead of week's key data; euro gains after PMI release