Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10% dalam sehari. Meski terkoreksi, euro masih berada dekat level tertinggi sejak awal Oktober yang disentuh pada Kamis lalu, jadi tekanan jual sejauh ini masih terbatas. Dolar AS (USD) terlihat menguat pelan setelah sebelumnya tertekan ke level terendah lebih dari dua bulan. Kenaikan ini lebih mirip rebound teknikal ketimbang perubahan tren besar, karena ekspektasi pasar masih condong ke The Fed yang dovish. Bank sentral AS baru saja memangkas suku...
Inflation in the US, as measured by the change in the Consumer Price Index (CPI), rose to 2.7% on a yearly basis in November from 2.6% in October, the US Bureau of Labor Statistics (BLS) reported on Wednesday. This reading came in line with the market expectation. On a monthly basis, the CPI rose 0.3% following the 0.2% increase recorded in October. The core CPI, which excludes volatile food and energy prices, rose 3.3% on a yearly basis to match October's increase and analysts' estimate. The monthly core CPI rose 0.3% in November. Market reaction to US inflation data These figures don't...
The US Consumer Price Index (CPI) report for November, a key measure of inflation, is due out on Wednesday at 13:30 GMT by the Bureau of Labor Statistics (BLS). Markets are eagerly awaiting the release, as it could trigger significant swings in the US Dollar (USD) and influence the Federal Reserve's (Fed) plans for interest rates in the coming months. As per the CPI measure, US inflation is expected to rise at an annualized rate of 2.7% in November, slightly higher than the 2.6% growth reported in the previous month. Annual core CPI inflation, which excludes volatile food and energy...
President-elect Donald Trump has already signaled that trade tariffs are likely to form part of his political agenda, but against concerns that a tit-for-tat U.S.-EU trade spat could threaten a fresh wave of inflation, Citi argues that tariffs may prove deflationary in the Eurozone at a time when the economy is in the doldrums. "Even if the EU retaliates like-for-like with reciprocal tariffs, the HICP impact is likely negligible," Citi economists said in a recent note. Imports from the U.S. make up just over 10% of euro area goods imports, a quarter of which is energy but this is unlikely...
China's consumer inflation shrank more than expected in November as recent stimulus measures did little to offset a stubborn deflationary trend, while producer inflation also contracted. Consumer price index inflation fell 0.6% month-on-month in November, government data showed on Monday. That was lower than expectations for a 0.4% decline and worse than the 0.3% contraction seen in the previous month. CPI grew 0.2% year-on-year, lower than expectations for a 0.5% gain and weaker than the 0.3% growth seen in the previous month. The figures suggest that while some aspects of China's...
The unemployment rate in the United States went up to 4.2% in November of 2024 from 4.1% in the prior month, in line with market expectations. The number of unemployed individuals increased by 161,000 to 7.145 million, while employment levels decreased by 355,000 to 161.141 million. Meanwhile, the labor force participation rate edged down to 62.5% from 62.6%, and the employment-population ratio fell to 59.8% from 60%. Source: Trading Economics
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10% dalam sehari. Meski terkoreksi, euro masih berada...
US President Donald Trump said Washington is willing to provide security assistance to Ukraine as part of a deal to end the war with Russia. He emphasized that security support is a crucial factor...