Daily Market Insight
Daily Market Insight: 29 November 2023
• US consumer confidence rebounds, house prices maintain upward trend • US annual home price growth at 6.1% in September • Japan's price trend gauge hits record, heightens case for BOJ exit • US dollar skids to 3-1/2-month low, headed for biggest monthly drop in a year
Daily Market Insight: 28 November 2023
• Higher mortgage rates weigh on US new home sales in October • China’s industrial profits growth slows, keeps stimulus calls alive • Thai October export growth highest in more than a year but misses forecast • US dollar falls against most currencies as rate cut view weighs
Daily Market Insight: 27 November 2023
• US business activity steady in November • Eurozone PMIs beat expectations, fueling EUR gains ahead of key data releases • Germany's economy shrinks slightly in third quarter • Dollar slips on bets US rates have peaked
Daily Market Insight: 24 November 2023
• Euro zone business activity fell again in Nov, stoking recession fears • Japan's factory activity shrinks for 6th month on weak demand • Japan core CPI inflation grows slightly less than expected in Oct • Dollar index slips below 104 amid Thanksgiving, European PMI data rises
Daily Market Insight: 23 November 2023
• US weekly jobless claims fall; business spending on equipment easing • US consumers worry inflation will pick up again • ECB rate cut expectations rise amid economic slowdown concerns • Dollar climbs after U.S. labor, consumer sentiment data
Daily Market Insight: 22 November 2023
• US existing home sales slump to more than 13-year low, prices accelerate • Japan cuts view on economy for first time in 10 months • Singapore's Q3 GDP tops initial estimates on financial services, tourism • Dollar poised to halt slide after Fed minutes
Daily Market Insight: 21 November 2023
• Fed officials signal potential for interest rate cuts by May • Bundesbank sees Germany's economy shrinking further in Q4 • China's central bank to announce Loan Prime Rate, expected steady • Dollar falls to 2-1/2 month low on Fed expectations, yen strengthens
Daily Market Insight: 20 November 2023
• US housing starts rise moderately; tight supply supporting new construction • More expensive services, food drive euro zone inflation in Oct • Japan Oct CPI seen accelerating, staying above BOJ's target • Dollar posts steep weekly fall, trades below 150 yen
Daily Market Insight: 17 November 2023
• US labor market loosening as weekly jobless claims hit three-month high • US import prices post largest drop in seven months • China's home prices dip for 4th month, may weaken further • Dollar steady as US jobless claims boost Fed rate cut bets
Daily Market Insight: 16 November 2023
• US economy cools as retail sales dip • US producer prices unexpectedly fall in October • Japan's export growth slows as China, global downturn risks loom • Dollar gains on retail sales data, Fed rate cut date unclear