Justin had the bombshell German CPI data on Monday: Germany December preliminary CPI +2.6% vs +2.4% y/y expected For some context, it was at 2.7% back in September. Stagflation much? Ugh. To emphasize the jump in inflation, Spain’s December CPI also came in faster-than-expected price at 2.8% (2.6%…
Read MoreANZ remarks on the result: ANZ-Roy Morgan Consumer Confidence jumped 3.6pts in the first week of 2025, reaching a top-three result since the start of 2023. We expect more upward momentum this year as tax cuts, rising real wages and rate cuts support households. 87.5 is still very…
Read MoreGoldman Sachs headline is here from Monday: Goldman Sachs trim its gold forecasts, gold not to reach US$3000 in 2025 Adding in a little more now: GS cite a slower expected pace of central bank monetary easing policy in 2025 This will trim back demand for gold a…
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Read MoreASUS has unveiled a new range of motherboards for Intel and AMD platforms, delivering advanced performance and innovative features for gamers, PC builders, and content creators. The announcements include the B860 and Z890 series for Intel Core Ultra processors and the B850, B840, and X870E series for AMD…
Read MoreThe major US stock indices are closing mixed with the Dow industrial average down marginally while the NASDAQ index leads the advances. A look at the numbers shows: Dow industrial average -25.57 points or -0.06% at 42706.56. S&P index +32.91 points or 0.55% at 5975.38. NASDAQ index +243.30…
Read MoreUS stocks close mixed. Dow down modestly. Nasdaq leads. Crude oil settles at $73.56 How Bank of America sees the China trade unfolding in 2025 Bitcoin back above $100,000. What next technically speaking? The gloomy start to the year for China continues with today’s reversal US sells 3-year…
Read MoreICYMI – reports Monday US time on OPEC oil supply dipping a touch in December. Info via Bloomberg (gated). OPEC’s crude oil production declined in December, driven primarily by the UAE’s efforts to implement supply cuts aimed at stabilizing global oil markets. Output fell by 120,000 barrels per…
Read MoreGood morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: This article was written by Eamonn Sheridan at www.forexlive.com.
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