MARKET NEWS
Jan 17, 2025
Week Ahead: BoJ, PBoC, PMIs, UK jobs, Inflation data from Canada, Japan and NZ
MON: US Presidential Inauguration, PBoC LPR, Eurogroup Meeting; German Producer Prices (Dec) TUE: UK Unemployment/Wages (Nov), German ZEW (Jan), Canadian CPI (Dec), New Zealand CPI (Q4) WED:...
READ MORE
Jan 17, 2025
Markets Turn Cautious Ahead of Trump Inauguration
Fed’s Waller hints at first half rate cut, but dollar edges up. Wall Street slips despite solid US retail sales and strong bank earnings. China GDP beat also fails to lift markets as Trump...
READ MORE
Jan 17, 2025
Week Ahead: Markets on Edge as Trump’s Inauguration and BoJ Decision Loom
Markets brace for impact ahead of Trump’s inauguration. BoJ seen raising rates at first gathering of 2025. Euro and pound traders turn gaze to PMIs. Canada and New Zealand CPI data to shape BoC and...
READ MORE
Jan 16, 2025
Gold Approaches Resistance as US Dollar Weakens
Gold Rises on Weak US Data Gold (XAU/USD) rose by 0.67% on Thursday, closing slightly below the $2,720 resistance level. The US Department of Commerce reported yesterday that retail sales rose by...
READ MORE
Jan 16, 2025
Record-High Retail Sales Mask Flat Consumer Demand
Retail sales came in at $729.2 billion in December, a gain of +0.4% for the month. This was below the street's expectations of a gain of +0.6%. But still another record high. November's results were...
READ MORE
Jan 16, 2025
The Energy Report: Seize the Day or Tanker Oil at $80
Oil hits $80.00! The highest level since August as supplies tighten and CPI eases. It also appears that the toughening of sanctions is starting to take a bite especially because Germany seizes a...
READ MORE
Jan 16, 2025
Fed Will Likely Wait Until Summer to Cut Rates
Key Takeaways:  Annual inflation accelerated up to 2.9% in December from higher energy and food prices.  Stripping out food and energy, core inflation rose 0.2% from a month ago, less than expected...
READ MORE
Jan 16, 2025
US Data to Test the Improved Risk Appetite
Mixed US CPI report results in a risk-on-market reaction. Both stocks and bitcoin record sizeable gains. Today’s US data prints could upset markets again. Yen benefits from BoJ rate hike talk; pound...
READ MORE
Jan 16, 2025
AI Vs. Human in Trading: Broker's Forecast
2025 is expected to be the year of increasing AI adoption. According to recent PwC findings, '2025 will bring significant advancements in quality, accuracy, capability, and automation that will...
READ MORE
Jan 15, 2025
TSMC: Blowout Q4 Earnings Signal AI Revolution Keeps Gaining Momentum
READ MORE