The market’s focus this week will be on US economic news. On Wednesday, the Dec ADP employment change is expected to increase by +48,000. Also, the Dec ISM services index is expected to slip -0.3 to 52.3. In addition, the Nov JOLTS job openings are expected to climb by +9,000 to 7.679 million. Finally, on Wednesday, Oct factory orders are expected to decline by -1.1% m/m. On Thursday, Q3 nonfarm productivity is expected to climb by +4.7%, and unit labor costs are expected to rise by +0.3%. Also, initial wee ...

By Leika Kihara TOKYO, Jan 6 (Reuters) - The Bank of Japan should set policy to anchor long-term inflation expectations around 2%, former deputy governor Masazumi Wakatabe, who is currently a member of a key government ​panel, was quoted as saying at the panel's meeting last month. At the government's top economic council meeting on ‌December 25, Wakatabe said inflation was likely to moderate as cost-push factors dissipate and help turn real wages positive in 2026, according to the minutes ‌of the meetin ...

Key Takeaways The big question facing bond markets in 2026—and thus anyone hoping to buy a home—is whether long-term rates will stay sluggishly high even as the Federal Reserve cuts rates. It's a scenario that could diminish the impact of the Fed's rate cuts, as homebuyers hold off amid elevated mortgage rates and businesses opt against longer-term investments. It is, however, one that several analysts think may occur next year. Those analysts foresee interest rate charts "steepening,†with long-term rates r ...

The dollar index (DXY00) climbed to a 1-week high on Friday and finished up by +0.19%.  The dollar rose on Friday amid yen weakness.  Also, upbeat comments on Friday from New York Fed President John Williams supported the dollar, as he said some of the data we're seeing is "pretty encouraging" and that he sees no sign of a sharp deterioration in the jobs data.  The dollar fell back from its best level after the University of Michigan's US Dec consumer sentiment index was unexpectedly revised lower.  Also, ...

Group 1 - Fresh US economic data indicates easing inflation pressures, but consumers are still under strain, suggesting improving macro conditions with potential near-term volatility for Bitcoin and the broader crypto market [1] - US consumer sentiment increased to 52.9 in December, which is nearly 30% lower than a year ago, while short-term inflation expectations dropped to 4.2% and long-term expectations eased to 3.2% [2][3] - Falling inflation expectations suggest households believe price pressures are easing, supporting the Federal Reserve's goal of cooling inflation without maintaining restrictive policies for too long [3][4] Group 2 - Lower inflation expectations reduce the necessity for high interest rates, leading markets to price in earlier or deeper rate cuts, which is significant for risk assets like crypto [5] - Historically, Bitcoin has responded more to liquidity conditions than to consumer confidence or economic growth, indicating a potential positive outlook for the crypto market as financial conditions loosen [5][6] - Lower interest rates typically reduce returns on cash and bonds, leading to a gradual loosening of financial conditions [6]

All right, that's a quick snapshot of how we get up and running for trade today. Uh let's get to George Sis who joins me this morning. Very good morning to you, George.And we do have some uh data hitting the tape this morning. We've got consumer sentiment. Let's start with that.What are you seeing. >> Well, I think if you consider consumer sentiment, if you go back to 2024, October of 2024, so almost a little bit over a year ago, sentiment's actually drifted lower, but it st seems to stabilized slightly abo ...

U.S. Michigan consumer sentiment edged up in December to 52.9, slightly above November but still nearly 30% lower than a year ago, reflecting ongoing cost-of-living pressures. Short-term inflation expectations fell for a fourth straight month to 4.2%, while long-term expectations eased to 3.2%, suggesting moderating inflation concerns despite weak overall confidence. ...

I mean, I don't I don't think we have to be in a bubble for the market to say we're going to take a break for a while from the expensive tech stock. I mean, and that has happened multiple times. So, I try to sort of sidestep, you know, the the argument of maybe the riskreward is better elsewhere is not answered by Yeah, but it's not a bad bubble, okay.Because you can still be outside of a bubble or in the bubble in the making or two years away uh and still have the riskreward not look great. We weren't in a ...

British households’ inflation expectations edged down from their highest in two years, a slight easing that may soothe concerns at the Bank of England as officials decide whether to cut interest rates further https://t.co/hyzj4PQgtz ...

I wanted to ask you um the inflation expectations uh has has come down in your SCP report. Um do you see the tariff price increases as passing through in the next 3 months. Is it a six-month process that we're looking for that to end.And then because of that, is jobs the threat to the economy. >> So with with tariff inflation, you know, it takes there's the announcement of a tariff and then there's, you know, they start to take effect and then it takes some months. goods may have to be shipped from other pa ...