Daily Market Insight
Daily Market Insight: 5 April 2024
• US labor market still tight; trade seen subtracting from Q1 growth • US trade deficit widens in February on strong imports • Euro zone business activity returned to growth in March, PMI shows • Dollar hits two-week low, moves lower against yen
Daily Market Insight: 4 April 2024
• US service sector expands moderately in March; price pressures easing • US private employers add 184,000 jobs in March • Euro zone inflation unexpectedly eases, boosting rate cut case • Dollar takes a breather ahead of US jobs data
Daily Market Insight: 3 April 2024
• Fed officials see three rate cuts 'reasonable' this year • Euro zone factory downturn deepened in March but some recovery signs, PMI shows • Tokyo inflation slowdown, output slide clouds BOJ's rate hike outlook • Dollar dips while jawboning supports yen
Daily Market Insight: 2 April 2024
• US manufacturing recovering; raw material prices pose challenge • Japan Q1 big manufacturers' mood down, seen falling further ahead • Asia factory activity slumps, brighter signs emerge in China • Dollar higher after manufacturing data lowers June rate bets
Daily Market Insight: 1 April 2024
• US monthly inflation slows; consumer spending surges • China's March factory activity expands for first time in six months • Thai economy expands slowly in February, helped by tourism, central bank says • Japan flags 'speculative' yen moves, signals chance of intervention
Daily Market Insight: 29 March 2024
• US economy continues to shine with help from consumers, labor market • German retail sales fall unexpectedly in February • China's March factory activity likely contracted for sixth month, at slower pace • Dollar gains before key inflation data
Daily Market Insight: 28 March 2024
• S&P affirms United States 'AA+/A-1+' sovereign ratings on economic resilience • BOJ policymakers saw need to go slow in future rate hikes, March summary shows • China's industrial profits return to growth as conditions stabilize • Japan's yen hits 34-year low, sparking intervention warnings
Daily Market Insight: 27 March 2024
• US consumer confidence steady in March; inflation expectations creep up • German consumer sentiment stays on slow recovery path, finds GfK • Thai Feb car output drops 19.3% y/y on EV imports, lower pickup truck sales • Dollar up: yen edges lower after Japanese finance minister comments
Daily Market Insight: 26 March 2024
• US new home sales fall; median price lowest in more than 2-1/2 years • Japan's corporate service inflation steady in February • Singapore Feb core inflation accelerates to 7-month high amid Lunar New Year • Yen steady after intervention warning, dollar dips
Daily Market Insight: 25 March 2024
• US economy on solid ground as weekly jobless claims fall, home sales surge • German business sentiment rises in March • BOJ Tankan to show Q1 manufacturers' optimism eased slightly, services improved • Dollar strengthens after big shift in global rate outlook