Daily Market Insight

• US plans China chip restrictions, but they are less strict than earlier proposals • German annual inflation unchanged at 2.4% in November • Tokyo inflation speeds up above 2% as energy subsidies fade • South Korea unexpectedly cuts interest rates as trade risks from Trump rise • Euro eases, dollar perks up in muted holiday trade

• The Fed's preferred inflation measure rises, supporting a cautious stance • The U.S. second estimate for third-quarter economic growth remains unchanged at 2.8% • Initial jobless claims dip slightly, beating expectations • Thailand's industrial output decline moderates in October • The dollar drops following a batch of economic data ahead of the long weekend

• Fed Minutes indicate officials support gradual rate cuts • US Consumer Confidence rises to highest in more than a year • Australia CPI misses expectations in Oct, underlying inflation rises • Thai exports surpass expectations with a robust 14.6% growth in October • The USD weakened after losing the Trump-tariff boost

• Trump vows tariffs on China, Mexico, Canada over border • Trump selects hedge fund leader Bessent to Head US Treasury • Fed's Kashkari says a rate cut next month is worth considering • German business sentiment falls more than expected in November • Dollar eases as Treasuries rally on Bessent Treasury nomination

• US business activity expands most since 2022 as confidence builds • US consumer sentiment rises less than forecast after election • Euro zone business activity falls sharply in November • UK private sector stalls following budget tax increase • Dollar rises as euro falls to a two-year low following PMI data

• Fed's Williams sees inflation cooling and interest rates falling further • US Initial jobless claims fall to lowest point since April • US existing home sales rebound in October • Japan's October CPI topped expectations, with core inflation above the BOJ's target • Dollar strengthens following claims data

• Fed's Bowman advocates caution on future rate cuts • UK inflation hits 2.3%, above forecast, driven by energy • South Korea's early export data show growth • Investors drive US dollar higher, focusing on the Federal Reserve's outlook

• US single-family housing starts slump; high mortgage rates remain a challenge • Escalation of Ukraine War drives traders towards safe-haven assets • Japan’s exports rise despite global risks, aiding recovery • Thailand to launch second phase of stimulus program in January • US Dollar fluctuates as Russia-Ukraine tensions impact risk sentiment

• US homebuilder sentiment hits seven-month high post-election • BOJ keeps markets guessing about rate hikes • RBA considers the cash rate level to be suitable • Exports and cash handouts have boosted Thai growth • Dollar rises against yen on BoJ rate hike uncertainty

• US retail sales rise, fueled by auto purchases, as holiday season begins • Fed Collins stated that a December rate cut is "definitely an option, but not guaranteed" • The UK economy experienced a steeper slowdown than expected last quarter • China's stimulus drives growth in domestic consumption • The dollar gains for the week as traders reassess rate cut expectations