Daily Market Insight
Daily Market Insight: 22 February 2024
• Fed worried about cutting rates too soon, minutes of January meeting show • Japan manufacturing activity shrinks in Feb, services growth slows • Japan sees 2.69 million visitors in January, matching 2019's record pace • Dollar edges down as Fed meeting minutes meet expectations
Daily Market Insight: 21 February 2024
• Fed to cut US rates in June, risks skewed towards later move • Germany likely in recession, Bundesbank says • Japan's exports perk up but souring factory mood darkens outlook • Dollar dips, China boosts global growth hopes
Daily Market Insight: 20 February 2024
• Fed signals 'patience' on rate cuts as data disappoints • China cuts mortgage reference rate more than expected to revive property market • Thai economy shrinks, adds to rate cut case amid central bank and PM feud • Dollar ticks up as investors gauge rates outlook
Daily Market Insight: 19 February 2024
• Strong services price increases lift US producer inflation in January • Japan Dec core machinery orders rise, recovery seen limited • China's travel spending during Lunar New Year holidays beats pre-COVID levels • Dollar steady after producer prices push back on Fed rate cut outlook
Daily Market Insight: 16 February 2024
• Frigid temperatures chill US retail sales, factory production • US business inventories rebound in December • Germany's chamber of commerce warns of heaviest slump in 20 years • US dollar retreats as slew of data keeps rate cut expectations in June intact
Daily Market Insight: 15 February 2024
• Fed still on track even if inflation's path down is bumpy • Japan unexpectedly slips into recession, Germany now world's third-biggest economy • Singapore's Q4 economy grows slower than first estimates • US dollar drifts lower, consolidates gains; seen rising further
Daily Market Insight: 14 February 2024
• Sharp US Treasury yield decline on pause as Fed shows patience on rates • US January deficit drops sharply as receipts grow, tax refunds fall • Euro zone banks face new slate of risks, supervisor warns • Bitcoin hits $50k level for first time in more than two years
Daily Market Insight: 13 February 2024
• Sharp US Treasury yield decline on pause as Fed shows patience on rates • US January deficit drops sharply as receipts grow, tax refunds fall • Euro zone banks face new slate of risks, supervisor warns • Bitcoin hits $50k level for first time in more than two years
Daily Market Insight: 12 February 2024
• Mixed US consumer price revisions leave slowing inflation trend intact • BOJ eyes new indices to capture labor cost impact on services inflation • China new bank loans in Jan hit record high on policy support • Dollar eases as market shrugs off inflation revision data
Daily Market Insight: 9 February 2024
• US weekly jobless claims stay low despite high-profile layoff announcements • China central bank set to stand pat on medium-term policy rate in Feb • China's consumer prices suffer biggest fall since 2009 as deflation risks stalk economy • Dollar gains as jobless claims affirm resilient US labor market