Author Archives: gtiqy

Manufacturing Activity: Remained in contractionary territory; composite index rose to -10 in December (from -14 in November). Est. -10 Component Indexes: Shipments: -11 vs -12 last month Employment: -8 vs -10 last month New Orders: Improved to -11 vs -19 last month Local Business Conditions: Index improved to 0 (from -14); future local business conditions […]

Expects Japan to further progress towards 2% inflation in stable, sustainable manner Uncertainty surrounding economy, price outlook is high Must avoid returning to deflation or low inflation environment As Japan transitions towards sustained achievement of 2% inflation, BOJ will support the economy by keeping rates below the neutral level But as economic, price developments continue […]

The Atlanta Fed GDPNow growth estimate for Q4 growth comes in unchanged at 3.1%. In their own words: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2024 is 3.1 percent on December 24, unchanged from December 20 after rounding. After both the advance durable manufacturing report […]

In other China news: China has passed a law introducing a value added tax. Will take effect on January 1 2026 according to Xinhua …. another year away Chinese People’s Political Consultative Conference (CPPCC) on March 4 China’s National People’s Congress will be held March 5, 2025 This article was written by Eamonn Sheridan at […]

PU Prime, a leading global fintech company in trading and investment services, is excited to announce a new Christmas promotion, bringing holiday cheer to traders with an exclusive opportunity to win seasonal rewards. This special event offers traders exciting ways to win holiday rewards, including Deposit Vouchers, Trade Loss Vouchers, Credit Bonus Vouchers, and more. […]

S&P 500 daily The shortened US equity market session on Christmas Eve is often a formality but Santa Claus delivered this year. The 0.7% rally yesterday in the S&P 500 was followed with 0.8% today and the post-Fed rout has now been largely erased. S&P 500 +1.1% Nasdaq Comp +1.4% (led by +6% for TSLA) […]

Stock heatmap by FinViz.com Tue, 24 Dec 2024 14:46:15 GMT 📈 Semiconductor Surge: Avago Shines Bright The semiconductor sector is experiencing a strong upswing today, with Avago (AVGO) soaring by 2.99%. This boost contributes to a positive outlook within the sector, as other major players like Nvidia (NVDA) and AMD (AMD) show modest gains of […]

Let’s dive straight into it with the first meeting date and what market players are pricing in for that. Fed: 29 January (~91% probability of no change, ~9% probability of a 25 bps rate cut) ECB: 30 January (~99% probability of a 25 bps rate cut, ~1% probability of no change) BOJ: 24 January (~54% […]

The stock market will close at 1pm ET (1800 GMT) while the bond market will close at 2pm ET (1900 GMT) later today. It’s the festive period after all and holiday thin liquidity just means it is tough to make sense of price movements during this time. For those interested, here’s how the S&P 500 […]

EUR/GBP monthly chart For the longest of time now, the pair has been caught within a 1,000 pips range over the last eight years. And that’s just the extremes in certain years. Most of the time, the pair has nestled within a much tighter range during this period. But with the over 4% decline this […]