Financial News
- Vladimir Zernov
Natural gas prices are trying to rebound after yesterday’s pullback, supported by the bullish EIA report.
- James Hyerczyk
December CPI up 0.3%, annual at 3.4%; Core CPI stable with 0.3% rise; Energy costs down 2%, balancing rising food prices.
- Bob Mason
The Australian trade surplus widened in November. However, a marked fall in imports cast a shadow on a pickup in exports.
- Vladimir Zernov
Gasoline inventories increased by 8 million barrels, compared to analyst expectations of +2.5 million barrels.
- Bob Mason
Softer inflation numbers from Australia could end speculation about an RBA rate hike. However, household spending trends could be pivotal.
- James Hyerczyk
U.S. trade deficit narrows in November with lower exports and imports, marking a year-to-date 18.4% decrease.
- Ibrahim Ajibade
Key Insights: Bitcoin (BTC) price soared 6% on Monday to hit the $47,000 mark for the first time since April 2022, amid positive developments surrounding the Bitcoin spot ETF application process. The BTC price rally came as markets reacted positively to a statement issued by SEC Chairman Gary Gensler. While
- Bob Mason
German industrial production figures contrasted with recent trade data, signaling a weak demand environment.
- Vladimir Zernov
Consumer inflation expectations declined to the lowest level in three years.
- James Hyerczyk
January’s Sentix Indicator shows the Eurozone’s third consecutive rise to -15.8 points, signaling cautious optimism.
- Ibrahim Ajibade
US-based Asset Management firms are expected to file Ripple (XRP) ETF applications with the SEC in April 2024, with a possible launch before the year end.
- Bob Mason
German trade data suggested the German economy could avoid a prolonged recession in an improving demand environment despite weak factory orders.
- Bob Mason
It is an important week ahead for central banks, with the US CPI Report and economic data from China, Japan, the euro area, and the UK in focus.
- Bob Mason
It has been a choppy week for the crypto market. Rumors of the SEC planning to reject or delay approvals sent the crypto market into negative territory.
- Vladimir Zernov
Treasury yields are moving lower as traders focus on the contraction in employment, which is an important catalyst for Fed policy outlook.
- James Hyerczyk
US labor market sees remarkable growth with nonfarm payrolls rising by 216,000, surpassing expectations.
- James Hyerczyk
Euro area faces rising 2.9% inflation and falling industrial prices, highlighting a complex economic landscape.
- Bob Mason
German retail sales figures aligned with expectations of a euro area economic recession. Eurozone inflation figures for December are next up.
- Ibrahim Ajibade
Bitcoin-weighted sentiment index provides clues into the dominant expectations among crypto investors, following Wednesday’s sell-off.
- Vladimir Zernov
The report indicated that a more challenging demand environment had dampened firms’ pricing power.
