The US stock market experienced an upswing following the release of inflation data yesterday. According to ForexFactory: → The annual Consumer Price Index (CPI) matched expectations at 2.9%. → The monthly Core CPI came in at 0.2%, below analysts’ forecast of 0.3%. Market participants interpreted this as a positive signal, leading to the S&P 500 […]
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UnitedHealth Group posted stronger-than-expected fourth quarter earnings Thursday, but a modest miss on revenues and a reiteration of its full-year profit forecasts sent shares lower in early trading. UnitedHealth (UNH) said said adjusted earnings for the Read more…
Eurozone goods exports fell -1.6% yoy to EUR 248.3B in November. Good imports fell -1.0% yoy to EUR 231.9B. Trade balanced showed a EUR 16.4B surplus. Intra-Eurozone trade fell -7.0% yoy to EUR 214.8B. In Read more…
Hawkish speeches from BoJ officials coupled with a softer US core CPI print for December put an interim ceiling on US dollar strength against the yen. The leading 10-year yield spread of the US Treasury Read more…