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 …
Read More »Bitcoin steadies near seven-month lows as traders eye U.S. jobs data and Fed signals
Bitcoin edged higher after a sharp selloff, with investors treading carefully ahead of a long-delaye…
Gold Rises in Asia as Fiscal Jitters and Fed Uncertainty Lift Safe-Haven Demand
Gold advanced in Asian trading, supported by safe-haven flows amid fresh worries about fiscal sustai…
Europe Opens Cautious as Nvidia Looms; UK CPI Eases, Oil Slips on U.S. Stock Build
European equities were little changed early Wednesday as traders held fire ahead of Nvidia’s quarter…
U.K. Inflation Cools Less Than Forecast, Keeping BoE December Cut in Play
U.K. inflation eased in October but by slightly less than expected, leaving the Bank of England on a…
Fed Minutes: A Pivotal December Decision Looms
On Wednesday, the Federal Reserve will publish the minutes of its most recent meeting – widely seen …
Bitcoin Sinks Below $90K Amid Fed Uncertainty; Cloudflare Outage Adds to Market Strain
Bitcoin slid to its lowest level in nearly seven months on Tuesday, briefly breaching the $90,000 th…
Wall Street Extends Losses as Nvidia Earnings, Delayed Jobs Data Keep Risk Appetite in Check
U.S. equities fell Tuesday, deepening November’s pullback as investors trimmed exposure to mega-cap …
U.S. Factory Orders Rebound in August, but Core Capex Softer Than First Estimated
U.S. new orders for manufactured goods rose in August, snapping the prior month’s decline, though a …
Dollar dips as dovish Fed comments weigh; euro steadies, yen firms on rising JGB yields
The U.S. dollar edged lower on Tuesday as investors digested dovish remarks from Federal Reserve Gov…
Oil slips as Russian exports resume; traders eye sanctions drag and 2026 surplus
Crude prices fell nearly 1% on Tuesday after Russia’s Novorossiysk port resumed loadings, easing imm…
Market Analysis
January, 2025
-
15 January 2025 10:51 pm
US Stocks Rally on Cooling Core Inflation, Banks’ Earnings in Focus
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 …
Read More » -
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 …
Read More » -
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 …
Read More » -
15 January 2025 8:11 pm
Fed’s Williams: Inflation Expectations Remain Anchored, Fed to Remain Data-Dependent
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 …
Read More » -
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% …
Read More » -
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 …
Read More » -
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 …
Read More » -
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 …
Read More » -
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) …
Read More » -
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 …
Read More » -
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: …
Read More » -
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 …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations