UK ECONOMY EKES OUT 0.1% GROWTH IN Q4, BEATING EXPECTATIONS UK economy grew by 0.1% in the fourth quarter, surpassing expectations. Economists had predicted a 0.1% contraction in GDP for Q4. Third quarter growth was flat, with a contraction in October and expansion in November. Bank of
USD/JPY falls to around 154.00 in the Asian session on Thursday. Japanese PPI (Producer Price Index) is strong, making a Bank of Japan (BoJ) rate hike more likely. A weaker US Dollar also pressures the pair, despite concerns about a trade war and the Federal Reserve’s hawkish
India's inflation dropped to 4.31% in January, the lowest since August 2024. This is the third month in a row that inflation has fallen. It was lower than expected (economists predicted 4.6%). The drop gives the central bank more room to lower interest rates. Last week,
NEW ZEALAND INFLATION EXPECTATIONS REMAIN SUBDUED IN Q1 2025 Inflation expectations for the next year: 2.15%, up from 2.05%. Two-year inflation expectations dropped slightly to 2.06%, from 2.12%. Subdued inflation signals potential for a 50 basis point interest rate cut from the Reserve Bank of New
AUD/USD is struggling to stay above 0.6300 in Asian trading. Trade war fears are making the Australian Dollar weaker. US may announce new tariffs soon, adding to market concerns. Australian inflation expectations are rising, which helps limit losses. The US Dollar is weak, preventing AUD/USD from falling
The US (under Trump) has added a 25% tax on steel and aluminum imports. This could hurt European businesses that sell these metals to the US. The European Union (EU) needs to decide how to respond to this tax. Possible actions: Put its own taxes on US products. Talk to
DOW DROPS 200 POINTS AFTER HOTTER-THAN-EXPECTED CPI REPORT Dow Jones fell 205 points, or 0.5%. S&P 500 decreased by 0.2%. Nasdaq Composite remained nearly flat. Stocks dropped after January’s CPI report showed higher-than-expected inflation. Interest rates spiked due to inflation concerns.
TREASURY YIELDS HOLD STEADY AS INVESTORS ANTICIPATE CONSUMER INFLATION DATA U.S. Treasury yields remained steady as investors awaited the January consumer inflation report. The 10-year Treasury yield was up slightly to 4.537%. The 2-year Treasury yield rose marginally to 4.292%. Yields and prices move in opposite directions,
CHAIRMAN POWELL REITERATES FED IS ON HOLD FOR THE LONG HAUL Fed Chairman Powell testified before US Congress as part of his semi-annual testimony. He stated the US economy is strong, the labor market is solid, and inflation is easing but still above the 2% target. Powell defended the Fed&
US INFLATION COMES OUT ABOVE EXPECTATIONS US inflation data for January came out above expectations. The annual core Consumer Price Index (CPI) rose 3.0%, higher than the expected 2.9%. Monthly CPI for January increased by 0.5%, surpassing the expected 0.3%. Core CPI (excluding food and energy)
Silver price is going up because people see it as a safe investment. This rise is partly due to new tariffs announced by Trump. Israel’s Prime Minister said the ceasefire will end if Hamas doesn’t free hostages by Saturday. Silver might face problems because the U.S. Federal
POWELL EYES INFLATION DATA AMID ESCALATING DEBATE OVER PACE OF RATE CUTS The US January Consumer Price Index (CPI) will test if inflationary pressures have eased. Investors are debating the timing and pace of Federal Reserve interest rate cuts in 2025.