Global News

UK inflation ticked up in December as today’s data showed, weighing on the index, amidst broader monetary policy uncertainty and geopolitical jitters

The pair drops as further moderation in the pace of wage increases takes some of the pressure off the central bank, but Wednesday’s inflation data loom

The German index is subdued as markets digest today’s data showing the economy shrunk last year, but prospects of an ECB pivot are supportive

The UK index rebounds from critical support today, as data showed GDP growth of 0.3% in November, but improving economic conditions could prolong the central banks restrictive stance

Australian inflation eased substantially to 4.3% in November, which along with subdued economic activity allows the RBA to stay on the sidelines, but the pair finds support as market await US CPI update

Watch today’s US Open for insights on the solid US jobs report, dovish Fed commentary and the upcoming US CPI inflation report

The pair lacks firm direction as markets digest the recent US jobs data and Fed speak, ahead of Thursday’s CPI inflation report

The US index is subdued, as Friday’s robust jobs report raises the bar for rate cuts by the Fed and casts some doubt over aggressive market expectations

The pair rises this week in the aftermath of the BoJ’s inaction and yesterday’s Fed minutes, which noted uncertainty around the policy path, as markets await the US jobs report

USOIL is pushed higher as Iranian warship sails into the Red Sea, after the US Central Command sank multiple Houthi boats for attacking commercial ships

The sports apparel giant posted mixed results on Thursday, with just 1% y/y revenue growth and trimmed its full FY24 outlook, partially due to stronger USD and external headwinds in China