邦达亚洲:沃什获美联储主席提名 黄金大幅下挫

Group 1: US Economic Data - The US December PPI year-on-year increased by 3%, exceeding the expected 2.8% and matching the previous value of 3% [1] - The core PPI for December rose by 3.3% year-on-year, above the expected 2.9% and the previous value of 3% [1] - Month-on-month, the PPI increased by 0.5%, higher than the expected 0.2% and the previous value of 0.2% [1] - The core PPI month-on-month rose by 0.7%, significantly above the expected 0.2% and the previous value of 0% [1] - Service costs saw a notable increase, with trade profit margins rising to the highest level since mid-2024, driven mainly by wholesale machinery equipment profit margins [1] - Overall commodity prices remained stable due to a decline in energy prices, but core commodity prices continued to accelerate [1] Group 2: Canadian Economic Data - In November 2025, Canada's GDP stagnated at zero, following a 0.3% decline in October [2] - The growth in the service sector offset the decline in goods production, including manufacturing [2] - Overall manufacturing decreased by 1.3%, with durable goods production experiencing the largest drop of 1.9%, affecting sectors like transportation equipment, machinery, and automotive parts [2][7] - The durable goods sector fell to its lowest level since mid-2011, excluding the impact of COVID-19 in early 2020 [7] Group 3: Currency Market Movements - The gold price dropped significantly, reaching an 8-day low, trading around 4550, influenced by profit-taking and the hawkish nomination of Kevin Warsh as Fed Chair [9] - The USD/JPY pair rebounded significantly, reaching a 3-day high at 154.90, supported by short covering and a strong dollar index recovering above 97.00 [10] - The USD/CAD pair also saw a substantial rebound, recovering the 1.3600 level and trading around 1.3660, supported by short covering and a strong dollar index [11]