Category Archives: News

Exports Drive Recovery as Trade Risks Loom  Although the import sector in China also rebounded, December saw a renewed vigor in export trade, albeit with the possible reasons being rushed shipments by factories in expectation of increased trade tensions under the Trump administration.  According to customs data released on Monday, outbound shipments increased 10.7% year-on-year […]

NFP Report Signals a Pause in Fed Rate Cuts  Last Friday, data from the U.S. Bureau of Labor Statistics showed that the U.S. economy added more jobs than expected in December, and this increases chances of the Federal Reserve not lowering interest rates during its next policy meeting.  The jobs market created 256,000 new jobs […]

Rachel Reeves Under Pressure  As Britain struggles with the increase in borrowing costs and the weakening pound, Rachel Reeves finds herself standing in the limelight as the new finance minister. The economic challenges posed this week are likely to alter Reeves’s plans for expenditure moving forward.  (10-year gilt yield, source: LSEG)  Profound increases in gilt […]

Core Inflation Drop Strengthens Case for RBA Action  In November, Australian consumer prices saw an uptick largely due to an associated rise in the cost of electricity. This edged inflation up from a three-year low, in turn bolstering the case to cut interest rates as early as next month due to the decline in in […]

Eurozone Inflation Rises to 2.4% Amid Energy and Service Costs  Inflation in the Eurozone accelerated in December, rising to 2.4% from 2.2% in November, in line with expectations, due to rising energy prices as well as services sector costs. The euro dipped 0.48% against the U.S. dollar, closing at $1.034.  (Eurozone’s Inflation Chart, Source: Eurostat)  […]

Germany’s Inflation Signals Trends for Eurozone  Germany’s yearly inflation rate rose too high in December which was observed to inflate greater than expected due to the increase in food prices and a smaller decline in energy cost than the previous month. According to the data reported by the Federal Statistics Office on Monday, the harmonized […]

Balancing Inflation and Employment  On Sunday, Federal Reserve Governor Adriana Kugler and San Francisco Fed President Mary Daly underscored the complex balancing act facing U.S. central bankers as they aim to slow the pace of rate cuts this year. Last year, the Fed reduced short-term interest rates by a full percentage point, bringing them to […]

Pound Slides as Dollar Strengthens on Policy Expectations  The British pound sank on Thursday to a level it has not seen for nearly nine months against the US dollar as the latter’s position remained strong waiting for the alteration of internal policies from the soon to be President Donald Trump. The pound had given up […]

Housing Inventory Gains Drive Market Shift  On Monday, measures of US pending home sales according to signed contracts increased by 2.2% in November standing at 79.0. This was the highest level of US pending home sales since February 2023 and it is better than the recorded 77.3 for the month of October. Sales of contracts […]

Yen Climbs Amid BOJ Rate Speculation  The Japanese currency climbed out of a five-month low against the American dollar during the Bank of Japan’s report on December’s policy minutes released in the market. The report pointed out raising confidence among certain policymakers about raising interest rates, and at the same time, the central bank also […]