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PCE price index Dec - Consumer spending is strong
2024-01-24
The core PCE price index increased 3.2% YoY in November, below the expected 3.3%. Lowest since April 2021, signaling a slowdown.
Sterling takes the shine off euro on economic convergence
2024-01-24
The pound hits a 4-month high vs. the euro, indicating a resilient UK economy. The BOE may delay rate cuts compared to other central banks.
Nikkei scales 34-year peak on weakening yen
2024-01-23
Japanese shares hit a 34-year high as the yen stabilized on Tuesday. The BOJ is anticipated to adjust its ultra-loose policy in H1 2024.
Gold prices stumble on inflation reacceleration
2024-01-18
Gold prices bounced from its one-month low on Thu though strong economic data strengthened the US dollar and Treasury yields put a lid on the rally.
Little reason to cheer US earnings beat
2024-01-17
US stocks fell as markets, overly optimistic about rate cuts, faced warnings. Treasury yields rose to the highest since mid-December.
Loonie hobbles after second weekly decline in a row
2024-01-15
The Canadian dollar dipped vs. the USD, oil retreated, and upcoming inflation data may influence the Bank of Canada's rate choice this week.
Gold runs out of steam on high Treasury yields
2024-01-11
Gold at $2,030, anticipating US inflation data, supported by a weaker dollar. It marked its first weekly decline in four weeks.
Japan stocks are roaring despite risk-off mood
2024-01-10
Japan stocks soared, with Nikkei 225 hitting a 33-year high, outshining global peers impacted by diminishing rate-cut expectations.
The U.S. added 199,000 jobs in November - NFP
2024-01-09
November job creation remains robust, with nonfarm payrolls up by 199k, surpassing the 190k estimate and outperforming October's gain of 150k.
Sterling gains upper hand against euro on improving fundamentals
2024-01-09
On Tuesday, the pound stayed near its three-week high against the euro, touched the previous week amid expectations of an ECB rate cut before the BOE.
US CPI YoY Dec - Core inflation remains high
2024-01-08
US inflation rose 3.1% YoY in November, as expected. However, core inflation remains high at 4%, surpassing the 2% target.
Loonie on the defensive despite raised forecast
2024-01-08
A strong NFP report boosts USD against CAD. Investors compare the figures between the two countries, which influences the exchange rate.
Gold gets a breather as dollar stalls
2024-01-05
Gold stabilized Friday after its first 5-day gain ahead of the US nonfarm payrolls report. The Iran explosion might offer additional support.
Oil prices surge amid Middle East turmoil
2024-01-04
Oil prices surged Thursday, driven by supply concerns amid disruptions in Libya and heightened Israel-Gaza war tension, extending a strong rally.
Wall St rally pauses on Apple downgrade
2024-01-03
Asian stocks fell as Wall Street closed lower on 2024's first trading day. The 10-year Treasury yield surpassed 4.000%, dampening rate-cut optimism.
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