3 December 2024
Traders are preparing for a wave of economic reports and comments from Federal Reserve officials that will influence the future direction of interest rates.
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2 December 2024
Tokyo’s core consumer price index, which excludes volatile fresh food costs, rose 2.2% year-on-year in November from a year earlier, up from 1.8% last month and beating forecasts for a 2.1% gain.
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29 November 2024
US markets close for the Thanksgiving holiday. Central banks across Asia-Pacific still expect the FOMC to cut interest rates by 25 basis points at its December meeting. The preliminary GERMAN CPI estimate came in 0.1% lower than expected, coming in at 2.2% yoy for Nov, compared to 2.0% in Oct.
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28 November 2024
Data showed US consumer spending accelerated in October, which suggests the economy is maintaining a strong pace of growth but the pace of decelerating inflation has stalled recently.
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26 November 2024
US President-elect DONALD TRUMP ended weeks of speculation when he announced the name of his Treasury Secretary, with some investment strategists saying Bessent could take steps to contain further government borrowing.
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