Daily Market Insight
Daily Market Insight: 15 December 2023
• US economy still resilient as retail sales beat expectations, layoffs stay low • Japan's factory activity extends declines as pressures persist • China's weak property sector, retail sales keep stimulus calls alive • Dollar tumbles on dovish Fed, euro gains as ECB talks down rate cuts
Daily Market Insight: 14 December 2023
• US producer prices unchanged amid cheaper energy products • Euro zone industry output falls by more than expected in October • Japan Oct machinery orders unexpectedly rise despite economic uncertainty • Dollar drops as Fed signals coming rate cuts
Daily Market Insight: 13 December 2023
• US November’s inflation edged down while core inflation remains • UK unemployment rate holds steady at 4.2% • Japan’s PPI slows to weakest pace since 2021 • Oil falls on softening demand, oversupply concerns • Dollar dips as investors wait for Fed’s last meeting
Daily Market Insight: 12 December 2023
• US non-farm payrolls rise more than expected in November • German inflation eases to 2.3% in November • Japan's inflation-adjusted wages decline for 19th month in October • India keeps repo rate steady at 6.5% amid robust economic growth • Dollar firms amid forward outlook on the week ahead
Daily Market Insight: 8 December 2023
• US mortgage rates fall to nearly 4-month low • Japan Q3 GDP falls faster than initial estimates; household spending also down • China trade balance grows in Nov on improved exports, but imports fall • Yen rallies on hints of BOJ policy shift
Daily Market Insight: 7 December 2023
• US private employers add 103,000 jobs in November • Weak US third-quarter unit labor costs point to slowing inflation • China's exports slump seen slowing as pockets of demand emerge • Dollar at 2-week high, euro softer as market bets on rate cuts
Daily Market Insight: 6 November 2023
• US job openings fall to 8.733 million in October • Euro zone producer prices inch up in Nov, matching expectations • Fall in euro zone Nov business activity adds to recession expectations • US dollar index hits two-week high amid positive economic data
Daily Market Insight: 4 December 2023
• US manufacturing mired in weakness, economy heading for slowdown • Euro zone factory downturn eased a touch in November • China new home prices inch up for third month in November • US dollar falls on dovish remarks by Fed's Powell
Daily Market Insight: 1 December 2023
• US consumer spending slows; labor market steadily easing • Euro zone inflation tumble pits ECB against markets • Chinese manufacturing activity unexpectedly rebounds in Nov- Caixin PMI • US dollar gains but set for worst monthly loss in a year, euro falls
Daily Market Insight: 30 November 2023
• US economy grows 5.2% in third quarter; higher interest rates sapping momentum • Euro zone economic sentiment inches up in November • China's manufacturing PMI shrinks further in Nov, misses expectations • Dollar rises from 3-1/2-month low; rate cut bets intact