Daily Market Insight
Daily Market Insight: 18 April 2024
• US economic activity expanded slightly in recent weeks • Confirmed euro zone inflation fall bolsters ECB's June rate cut plan • Japan firms business mood slips as weak yen squeezes households • US dollar weakens as market consolidates gains, but uptrend intact
Daily Market Insight: 17 April 2024
• US manufacturing output increases in March; February data revised higher • Euro zone trade surplus surges in Feb • Japan exports grow more than expected in March • Dollar hits 5-month high against euro; yen weakest since 1990
Daily Market Insight: 11 April 2024
• US consumer prices heat up in March; seen delaying Fed rate cut • Fitch cuts China’s outlook to ‘Negative’ on risks from debt, weak growth • Thai central bank holds key rate, defies government calls for cuts • US dollar surges to new 34-year high vs yen after hotter-than-expected inflation data
Daily Market Insight: 10 April 2024
• US small-business sentiment slides to lowest level in more than 11 years • BOJ will scrutinize trend inflation in adjusting monetary support, says Gov Ueda • China's March new yuan loans seen rebounding; more stimulus expected • US dollar flat as investors await inflation data; focus on yen action
Daily Market Insight: 9 April 2024
• Strong US labor market underpins economy in first quarter • Euro zone investor morale hits two-year high in April • Japan's service-sector mood slumps, clouds BOJ rate hike path • Dollar bulls to continue stampede as hawkish Fed speak to boost Treasury yields
Daily Market Insight: 5 April 2024
• US labor market still tight; trade seen subtracting from Q1 growth • US trade deficit widens in February on strong imports • Euro zone business activity returned to growth in March, PMI shows • Dollar hits two-week low, moves lower against yen
Daily Market Insight: 4 April 2024
• US service sector expands moderately in March; price pressures easing • US private employers add 184,000 jobs in March • Euro zone inflation unexpectedly eases, boosting rate cut case • Dollar takes a breather ahead of US jobs data
Daily Market Insight: 3 April 2024
• Fed officials see three rate cuts 'reasonable' this year • Euro zone factory downturn deepened in March but some recovery signs, PMI shows • Tokyo inflation slowdown, output slide clouds BOJ's rate hike outlook • Dollar dips while jawboning supports yen
Daily Market Insight: 2 April 2024
• US manufacturing recovering; raw material prices pose challenge • Japan Q1 big manufacturers' mood down, seen falling further ahead • Asia factory activity slumps, brighter signs emerge in China • Dollar higher after manufacturing data lowers June rate bets
Daily Market Insight: 1 April 2024
• US monthly inflation slows; consumer spending surges • China's March factory activity expands for first time in six months • Thai economy expands slowly in February, helped by tourism, central bank says • Japan flags 'speculative' yen moves, signals chance of intervention