Daily Market Insight
Daily Market Insight: 15 March 2024
• US business inventories unchanged in January • China house prices fall at a faster pace in Feb • China central bank leaves key policy rate unchanged, as expected • Dollar gains ahead of PPI release; euro seeks ECB clues
Daily Market Insight: 14 March 2024
• European banks' bumpy recovery a year after Credit Suisse collapse • Toyota agrees to biggest wage hike in 25 years, paves way for BOJ shift • Thai industrial sentiment falls slightly in February on slower domestic demand, exports • Dollar steady after strong CPI; GBP treads water with data dump in focus
Daily Market Insight: 13 March 2024
• US inflation rises 3.2% in February, faster than estimates • US February budget deficit climbs on interest costs, tax refunds • BOJ to offer guidance on bond buying pace upon ending YCC • Asia FX muted as dollar steadies before CPI data; Yen retreats
Daily Market Insight: 12 March 2024
• JPMorgan's Dimon urges US Fed to wait past June before cutting rates • BOJ chief Ueda slightly tones down optimism on economy • Japan PPI inflation up more than expected in Feb, furthers BOJ pivot bets • Dollar ends week under pressure as data keeps rate cut hopes alive
Daily Market Insight: 11 March 2024
• US labor market cooling; unemployment rate rises to two-year high of 3.9% • Japan GDP revised higher for Q4, economy ducks recession • China's consumer prices swing up on seasonal Lunar New Year gains • Dollar ends week under pressure as data keeps rate cut hopes alive
Daily Market Insight: 8 March 2024
• Weekly jobless claims unchanged; trade deficit widens in January • US wholesale inventories revised down in January • Japan Jan household spending logs biggest drop in 35 months • Dollar hurt by 'dovish' Powell; yen up on BOJ policy shift speculation
Daily Market Insight: 7 March 2024
• US labor market steadily easing as job openings, resignations decline • US wholesale inventories revised down in January • China's exports likely slowed in Jan-Feb as factories struggle • US dollar's strength to persist as markets eye cautious Fed
Daily Market Insight: 6 March 2024
• US services sector slows in February; inflation moderating • Euro zone business activity moves closer to recovery, PMI survey shows • German services sector remains under pressure, PMI survey shows • Dollar slips as data weighs; bitcoin retreats after hitting new high
Daily Market Insight: 5 March 2024
• US manufacturing contracts further, rays of light on the horizon • Euro zone Feb factory activity contracted for 20th month • China new home prices rise at slower pace in February • Dollar dips on weak data, yen hurt by cautious BOJ
Daily Market Insight: 4 March 2024
• US manufacturing contracts further, rays of light on the horizon • Euro zone Feb factory activity contracted for 20th month • China new home prices rise at slower pace in February • Dollar dips on weak data, yen hurt by cautious BOJ