Daily Market Insight
Daily Market Insight: 24 January 2025
• Trump at Davos: Pushes NATO 5%, lower oil prices, and EU tariff warnings • US jobless claims edge up, while ongoing applications soar • Japan's inflation hits 3%, boosting rate-hike prospects • Thai exports beat forecasts in December, with January growth expected despite trade uncertainty • US Dollar remains stuck and shows little progress
Daily Market Insight: 23 January 2025
• ECB policymakers support additional interest rate cuts • Japan’s exports rise as Trump’s tariff impact looms • China unveils plan to encourage insurance funds into stock markets • South Korea’s economy struggles amid political turmoil • The US dollar traded sideways awaiting direction
Daily Market Insight: 22 January 2025
• Trump says he's still considering a 10% tariff threat on China • UK wage growth hits six-month high ahead of BOE meeting • Canadian consumer prices rose slightly in December, helped by a sales tax break • China vows to increase imports after avoiding US tariffs • Dollar pressured as investors await Trump's policy clarity
Daily Market Insight: 21 January 2025
• Donald Trump was sworn in as the 47th president • Trump delays China tariffs, orders review • China holds loan prime rate steady • South Korea’s early trade data reveals slow export growth • Dollar declines as signs point to gradual Trump tariffs
Daily Market Insight: 20 January 2025
• Trump and Xi discuss trade and TikTok before inauguration • US industrial output beats forecasts as manufacturing stabilizes • UK retail sales drop sparks growth concerns • China hits 5% GDP target, but Trump tariffs pose growth risks • IMF boosts global growth forecast due to stronger US demand • The US dollar was volatile on Friday ahead of Trump's inauguration
Daily Market Insight: 17 January 2025
• US initial jobless claims rose more than expected • US Retail Sales expanded but less than market expectations • China imposes provisional duties on US, EU, Japan, Taiwan industrial plastics • UK economy’s disappointing November growth • Bank of Korea surprises by holding rates steady as uncertainty lingers • Dollar turns lower ahead of Trump inauguration
Daily Market Insight: 16 January 2025
• US consumer prices slows as expected in December • UK inflation decrease provides relief to reeves after market downturn • BOJ chief Ueda signals rate hike chance next week • Bank Indonesia unexpectedly reduces interest rates to boost growth • Dollar weaker as inflation eases; yen firms on BOJ talk
Daily Market Insight: 15 January 2025
• US wholesale inflation unexpectedly slows because of a decline in food prices • Trump team considers gradual tariff hikes under emergency powers • BOJ Deputy Governor hints at the possibility of a rate hike next week • China’s new loans decline for the first time in 13 years due to weak demand • US Dollar cools off ahead of CPI release
Daily Market Insight: 14 January 2025
• NY Fed survey shows US consumers expect persistent inflation • Mexico to offer nearshoring incentives to reduce China imports • Chinese trade surplus hits $1 trillion on pre-Trump exports • China plans to expand visa-free entry to more countries • The US dollar keeps rising ahead of the CPI report
Daily Market Insight: 13 January 2025
• Strong US jobs report backs case for pause in Fed rate cuts • Michigan consumer sentiment index drops below expectations • BOJ may raise inflation forecast due to rice prices and weak yen • US intensifies pressure on Russia with new energy sanctions • US dollar rises as strong jobs data backs Fed’s rate cut pause