Major US indices dipped Dec. 10th ahead of the CPI inflation report, impacting Fed rate decisions. Walgreens soared on buyout talks, while Moderna plunged after an analyst downgrade.
Market Movers: Walgreens Soars on Buyout Talks, Moderna Plunges on Analyst Downgrade Read More »
US economic strength and higher interest rates compared to Europe are creating opportunities and challenges for transatlantic trade. The widening interest rate gap is expected to strengthen the dollar, impacting US exports and potentially increasing trade tensions.
US Economic Strength Poses Challenges for Transatlantic Trade and Monetary Policy Read More »
US equity funds saw a 6th week of inflows, totaling $6.36 billion, driven by Fed rate cut expectations. This fueled demand for large-cap and small-cap funds, while sectoral funds saw outflows amid market rotation.
US Equity Funds Attract Investments for Sixth Straight Week on Fed Rate Cut Expectations Read More »
US retail sales rose 0.7% in November, exceeding expectations and suggesting economic strength despite rising interest rates. Strong auto and online sales drove growth, but weakness in other sectors signals some consumer caution.
US Retail Sales Show Resilience Amidst Economic Uncertainty Read More »
US Treasury yields rose as investors anticipate slower Fed rate cuts and a worsening fiscal outlook. The yield curve steepened, reflecting growing concerns about long-term debt risk and increased supply.
Treasury Yields Climb Amidst Fed Slowdown and Fiscal Uncertainty Read More »
Bank of Korea holds inflation target at 2% amid global uncertainty, projecting stability over the next two years. This allows the central bank to support economic growth while monitoring inflationary pressures.
Bank of Korea Maintains 2% Inflation Target Amidst Global Uncertainty Read More »
US unemployment claims rose to a two-month high of 242,000, exceeding expectations and potentially signaling a labor market slowdown. While economists caution against overinterpreting weekly data, this rise warrants further monitoring.
US Unemployment Claims Rise to Two-Month High, Signaling Potential Slowdown Read More »
Gold prices rallied as US inflation cooled in November, signaling potential relief from high borrowing costs. This positive economic data boosted gold by 1.5%, partially offsetting recent market volatility.
Fed Chair Powell’s hawkish stance on inflation has triggered market volatility, overshadowing earlier optimism about Trump’s economic policies. This shift has sparked a sell-off in stocks and bonds as investors reassess expectations for interest rate cuts.
Inflation Reasserts Itself as Market Focus Shifts from Trump to Powell Read More »
Bank Indonesia holds benchmark interest rate at 6% for the third consecutive month to stabilize the rupiah amid global uncertainty and US policy shifts. This cautious approach prioritizes currency stability despite pressure to stimulate slowing economic growth.
Indonesia Maintains Key Interest Rate Amidst Rupiah Volatility Read More »
