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Market Analysis

January, 2025

  • 16 January 2025 2:42 pm

    Global Markets Surge Amid Inflation Relief and Robust Earnings

    Global markets rallied on Thursday, continuing the momentum sparked by Wednesday’s encouraging U.S. inflation data and strong corporate earnings across multiple sectors. Key Highlights Earnings Boost Confidence Richemont (SIX:CFR): Shares of the luxury goods maker soared 17%, marking its best single-day performance in 17 years, following results that exceeded expectations. …

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  • 16 January 2025 1:25 pm

    European Stock Markets Edge Higher Amid Optimism on U.S. Inflation and Earnings

    European stock markets extended their gains on Thursday, buoyed by easing inflation in the U.S., which reinforced hopes for potential Federal Reserve rate cuts. However, weaker-than-expected UK economic growth and rising German consumer prices slightly tempered enthusiasm. Market Overview Germany’s DAX: Up 0.3% France’s CAC 40: Gained 0.7% UK’s FTSE …

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  • 16 January 2025 11:55 am

    Oil Prices Rise Amid Supply Concerns and Stronger Demand Outlook

    Oil prices extended their gains for a second consecutive session on Thursday, bolstered by concerns over potential supply disruptions due to expanded U.S. sanctions on Russia, a sharper-than-expected drop in U.S. crude inventories, and signs of improving global demand. Price Movements Brent Crude: Increased by 23 cents (0.3%) to $82.26 …

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  • 16 January 2025 11:25 am

    UK Economic Output Rises Slightly in November, Falling Short of Expectations

    Britain’s economic output edged up by 0.1% in November compared to October, marking the first increase in three months. However, the rise was below the 0.2% expansion predicted by economists in a Reuters poll, according to data released Thursday by the Office for National Statistics. The modest growth followed two …

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  • 16 January 2025 10:52 am

    Bitcoin Extends Rally Near $100K as Crypto Market Soars on Softer Inflation Data

    Bitcoin extended its bullish momentum for the third consecutive session on Thursday, trading near the pivotal $100,000 mark. This rally is fueled by broad market optimism following softer-than-expected U.S. inflation data, which improved investor sentiment across asset classes. As of 01:12 ET (06:12 GMT), Bitcoin rose 2.5% to $99,478.4, after …

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  • 16 January 2025 12:48 am

    US Dollar Weakened Following CPI Data

    The US Dollar weakened on Wednesday following the release of the December Consumer Price Index (CPI) report, which showed a milder-than-expected rise in inflation. This tempered expectations for further aggressive interest rate hikes from the Federal Reserve, prompting a reassessment of the economic outlook and a cautious shift in market …

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  • 15 January 2025 11:47 pm

    Market Brief; North American Session: The CPI Day

    US Dollar weakened on Wednesday, extending its recent corrective decline. The release of the December Consumer Price Index (CPI) report, which largely met market expectations, provided further impetus for the dollar’s weakness. This fueled speculation that the Federal Reserve may maintain its current interest rate stance, potentially opening the door …

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  • 15 January 2025 10:51 pm

    US Stocks Rally on Cooling Core Inflation, Banks’ Earnings in Focus

    Citigroup

    Both the CPI data and the results from a few major financials are celebrated by the major US stock indices. When the CPI and PPI are combined, analysts predict that the core PCE will be announced later this month at 0.19%, slightly below the 0.2% threshold. The MoM’s three- and …

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  • 15 January 2025 10:09 pm

    Israel and Hamas Reach Ceasefire Agreement in Gaza

    Israel and Hamas have reached a ceasefire agreement in Gaza as part of a deal to release Israeli hostages held in Gaza, according to a recent announcement by the Palestinian Hamas movement. U.S. President-elect Donald Trump announced the ceasefire agreement in Gaza, preempting the official announcement of the truce via …

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  • 15 January 2025 9:01 pm

    XAU/USD Rallies as Lower Core Inflation Drives Yield Plunge

    Gold prices extended their gains for the second consecutive day, driven by a sharp decline in US Treasury yields. The fall in yields followed the release of US inflation data, which showed a moderation in core inflation. This renewed expectations of potential interest rate cuts by the Federal Reserve.The US …

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  • 15 January 2025 8:11 pm

    Fed’s Williams: Inflation Expectations Remain Anchored, Fed to Remain Data-Dependent

    inflation

    Federal Reserve Bank of New York President John Williams emphasized the data-dependent nature of future monetary policy decisions in a speech on Wednesday. He acknowledged the significant uncertainty surrounding the economic outlook, particularly due to potential changes in government policy.Williams stated that the current monetary policy stance is “well-positioned” for …

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  • 15 January 2025 7:32 pm

    Dollar Slumps as Core Inflation Cools, Yen Soars

    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% …

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  • 15 January 2025 6:32 pm

    US Inflation Aligns with Expectations as Core Prices Ease

    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 …

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