China’s inflation decelerated again in December, with the CPI rising only 0.1% yoy, matching expectations and marking the slowest pace since April. This brings full-year inflation for 2024 to 0.2%, far below the official target Read more…
Japan’s real wages fell by -0.3% yoy in November, marking the fourth consecutive monthly decline as wage growth failed to outpace inflation again. While nominal wages rose by a robust 3.0% yoy—beating expectations of 2.7% Read more…
Markets Markets took aim at UK assets. Both gilts and sterling suffered steep losses. Yields soared another 4.5-11.3 bps. The 10-yr yield (+11.3 bps to 4.79%) surpassed the previous post-pandemic highs to hit the highest Read more…
The selloff in US treasuries continued yesterday over concerns that Donald Trump’s presidency would boost spending and inflation in the US, and make the Federal Reserve’s (Fed) job of bringing inflation back to the 2% Read more…
Short Term Elliott Wave view in S&P 500 (SPX) suggests the rally to 6099.6 ended wave ((3)). Pullback in wave ((4)) is currently in progress to correct cycle from December 22, 2022 low. Internal subdivision Read more…
Key Highlights NZD/USD started a fresh decline below the 0.5750 level. It traded below a short-term rising channel with support at 0.5610 on the 4-hour chart. EUR/USD is again under pressure and might revisit the Read more…
Fundamental Analysis The Nasdaq 100 (US100) started the week with a sharp correction, dropping 1.9% on Tuesday, weighed down by weakness in tech stocks, particularly Nvidia, which fell more than 6% after reaching an all-time Read more…
GBPCHF reversed from resistance zone Likely to fall to support level 1.1200 GBPCHF currency pair recently reversed down from the resistance zone located between the strong multi-month resistance level 1.1360 (which has been reversing the Read more…
If you’re one of the roughly 200 million Amazon (AMZN) Prime subscribers, chances are you’ve bought at least a couple of products from the online giant. Back in the early days, Amazon’s ambitions were a Read more…
Illustration: The Verge Apple is refuting rumors that it ever let advertisers target users based on Siri recordings in a statement published Wednesday evening describing how Siri works and what it does with data. The Read more…