At the start of the trading session, the main US indices were in the green, but those gains were swiftly wiped away as the market responded to the newly-released Consumer Price Index data. The overall CPI dropped by a tenth of a percent while the core rate, excluding food and.
US consumer price inflation figures are in the spotlight today The Japanese yen is still the most influential currency today The USD/JPY pair is trading lower due to apprehensions about the Bank of Japan According to a survey, China’s GDP growth is forecasted to rebound to 4.9% in the upcoming.
Today, the three principal American indices have been trading up for the majority of the past four trading days, with the Nasdaq being on the brink of finishing in the green for four days in a row. The S&P and Dow have both advanced in three of the last four.
An attorney for Sullivan & Cromwell today told the Bahamian court that it has recovered more than $5 billion in cash, “liquid cryptocurrency” and other investment securities. That doesn’t include the roughly $400 billion in crypto held by the Securities Commission of the Bahamas. The recovered funds don’t include the.
Today, bond markets are being bought Headers: Villeroy of the ECB has declared that rates will be pushed higher in the future Bond markets are being bought today Domestic flights are being grounded by a malfunctioning IT bond markets are being bought today Domestic flights are being grounded by a.
What exactly is Services CPI ex Rent and Shelter doing? WTI crude futures settle at $75.12 BofA heatmap on FX drivers and directions for 2023 U.S. Treasury sales of $40 billion of 3 year notes a high yield of 3.977% ECB’s Centeno: We are approaching the end of interest rate.
Headlines: Tentative mood as markets await Powell BOJ still at the limit for now Tokyo inflation all the more reason for BOJ to look towards policy shift US December small business optimism index 89.8 vs 91.9 prior China December M2 money supply +11.8% vs +12.2% y/y expected China has suspended.
The major US indices all moved up over 2% on Friday on the back of the Goldilocks US jobs report. We are seeing follow-through buying in early trading today. A snapshot of the markets 10 minutes into the opening, is showing: Dow Industrial Average up 92.03 points or 0.27% at.
Headlines: Dollar stays on the backfoot in European trading ECB notes that wage growth expected to be ‘very strong’ in the coming quarters France November trade balance -€13.8 billion vs -€12.2 billion prior Germany November industrial output +0.2% vs +0.1% m/m expected Eurozone January Sentix investor confidence -17.5 vs -18.0.
Gold is off to a great start to the year, climbing for the third time this week and touching the highest levels since June. It’s up $34 today to $1867, just $10 away from the June 2022 high of $1877. A break of the resistance at $1877 would also highlight.
Headlines: Dollar firms in countdown to non-farm payrolls USD/JPY holds higher with payrolls in focus BOJ being tested once again China reportedly places first order for Australian coal since unofficial ban in 2020 Eurozone December preliminary CPI +9.2% vs +9.7% y/y expected Eurozone November retail sales +0.8% vs +0.5% m/m.
More on China looking to ease “three red lines” property – would boost property sector China could ease “three red lines” property rules – this would be a huge policy shift Federal Reserve speakers due on Friday, 6 January 2023 – Cook, Bostic, Barkin, George A Chinese transport official estimates.