Economic Report

The USD/JPY plummeted over 1% in early North American trading as the latest US inflation data showed a deceleration in core prices. This unexpected cooling of inflation sent US Treasury yields tumbling and boosted the Japanese Yen.   The US Bureau of Labour Statistics reported that consumer prices rose 0.4% …

US consumer prices rose in line with expectations in December, while an underlying measure was slower than anticipated. This closely-watched gauge of inflation could influence the Federal Reserve’s interest rate policy plans in the coming months. The headline consumer price index (CPI) increased by 0.4% in December, slightly higher than …

Oil prices edged higher on Wednesday, recovering some losses from the previous session as the market turned its attention to potential supply disruptions from sanctions on Russian tankers. Gains, however, were tempered by uncertainty surrounding their impact. Brent crude futures rose 51 cents, or 0.6%, to $80.43 a barrel by …

Financial markets experienced a significant downturn after the release of the December jobs report. This was largely due to a surge in the dollar and bond yields, but anticipation of the upcoming Consumer Price Index (CPI) inflation report for December likely also played a role.Base effects could cause year-on-year inflation …

Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint hope that the Federal Reserve would continue on its rate-easing path this year, sending the dollar lower. Spot gold gained 0.3% to $2,671.27 per ounce. US gold futures settled 0.1% higher …

The exuberant rally that propelled the S&P 500 to record highs following the 2024 election has encountered a significant headwind. A recent wave of economic data, particularly the robust December jobs report, has injected a dose of caution into the market. This unexpected strength in the labor market has fueled …

Oil prices extended their upward trajectory on Monday, reaching a five-month high on worries about potential supply disruptions impacting major importers like China and India. These concerns stem from the wide-ranging sanctions imposed by the US on Russia, targeting oil executives, traders, and a significant number of vessels involved in …

The financial markets are bracing for a period of heightened volatility this week, with the release of the December Producer Price Index (PPI) report on Tuesday serving as the catalyst. This critical data point will provide crucial insights into the persistence of inflationary pressures and significantly influence the Federal Reserve’s …

Oil prices climbed for a third consecutive session on Monday, with Brent crude surpassing $81 a barrel to reach its highest level in over four months. The rally comes as newly imposed U.S. sanctions are expected to severely impact Russian crude exports to key buyers such as China and India. …

Last week was eventful, marked by a series of significant developments. These included policy directions anticipated from President-elect Donald Trump’s administration, future paths for central banks, particularly the Federal Reserve, and the impact of key US economic releases. The Eurozone has seen significant developments, particularly CPI front. Several European leaders …