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Market Analysis

January, 2025

  • 15 January 2025 3:13 pm

    Germany’s Economy Contracts for the Second Consecutive Year in 2024

    Germany’s economy contracted by 0.2% in 2024, marking its second consecutive year of decline after a 0.3% contraction in 2023, according to data released by the Federal Statistics Office. The economy also shrank by 0.1% in the final quarter of the year, showing limited signs of recovery amidst ongoing economic …

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  • 15 January 2025 1:28 pm

    Oil Prices Rise Amid Russian Sanctions Focus and US Stockpile Drop

    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 …

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  • 15 January 2025 12:25 pm

    European Stocks Rise Ahead of US Inflation Data as UK CPI Cools

    European stock markets rose on Wednesday, supported by cooling UK inflation data, while investors awaited key US inflation figures. At 03:05 ET (08:05 GMT), Germany’s DAX index climbed 0.3%, France’s CAC 40 gained 0.3%, and the UK’s FTSE 100 surged 0.7%. Investors focused on upcoming US consumer price index (CPI) …

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  • 15 January 2025 11:52 am

    UK Inflation Eases in December, Offering Scope for Potential Rate Cuts by the Bank of England

    UK inflation data for December came in cooler than expected, providing some relief to policymakers at the Bank of England (BoE) ahead of their February meeting. The figures suggest a window for the central bank to consider reducing interest rates, especially as the economy continues to face challenges. Key Inflation …

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  • 15 January 2025 10:54 am

    Gold Prices Hold Steady Ahead of U.S. Inflation Data as Dollar Weakens Slightly

    Gold prices remained relatively unchanged in early Wednesday trading, as investors exercised caution ahead of key U.S. Consumer Price Index (CPI) data. A slight decline in the U.S. dollar provided modest support to the precious metal, while concerns over Federal Reserve rate policies kept gold rangebound. Key Highlights Gold Performance: …

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  • 15 January 2025 12:59 am

    December CPI Report: Will Inflation Dash Hopes for Rate Cuts in 2025?

    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 …

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  • 15 January 2025 12:25 am

    US Dollar Retreats After Softer-Than-Expected PPI Data

    The US Dollar experienced a minor setback following the release of the December Producer Price Index (PPI) data, which came in below market expectations. This unexpected development ignited fresh debates about the trajectory of inflation and the potential impact on the Federal Reserve’s monetary policy.The softer-than-expected PPI figures, with core …

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  • 14 January 2025 11:30 pm

    Canadian Dollar Gains Ground as US Dollar Eases

    Bank of Canada

    The Canadian Dollar (CAD) experienced a modest appreciation on Tuesday, gaining ground against the US Dollar (USD) as softer-than-expected US Producer Price Index (PPI) data eased market concerns about inflationary pressures.US PPI Data Eases Market Tensions The December PPI data revealed a slower-than-anticipated acceleration in inflation. Headline PPI rose by …

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  • 14 January 2025 10:33 pm

    Oil Sees Mixed Signals as US Demand Forecast Meets Russian Sanctions

    Oil prices experienced a modest decline on Tuesday after the US Energy Information Administration (EIA) released its forecast for steady US oil demand in 2025 and 2026. This downward trend, however, was partially offset by the recent US sanctions imposed on Russian oil exports to major buyers like India and …

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  • 14 January 2025 10:11 pm

    XAU/USD Benefits From Softer USD Post-PPI Data

    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 …

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  • 14 January 2025 8:46 pm

    Can Looming Earnings Season Revive US Stock Market Rally?

    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 …

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  • 14 January 2025 7:43 pm

    EUR/USD Faces Resistance Amid Inflation Concerns

    The EUR/USD pair faces resistance above 1.0270 as the US Dollar strengthens. Anticipation of President-elect Trump’s policies, including potential inflationary measures, is boosting the Greenback.While the Euro showed strength earlier, the US Dollar’s rebound, fueled by robust US job growth and expectations of limited Fed rate cuts, is hindering further …

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  • 14 January 2025 6:47 pm

    US Producer Prices Rise at a Slower Pace in December, Hinting at Easing Inflation Pressures

    Producer prices in the U.S. increased at a more moderate pace in December, suggesting a potential easing of inflationary pressures that could influence the Federal Reserve’s monetary policy decisions in 2024. Key Highlights PPI Growth: The Producer Price Index (PPI) for final demand rose 0.2% month-on-month, below November’s 0.4% increase …

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