News
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ADP Employment Change set to show US job growth slowing in December, Fed unlikely to alter plans
Financial markets slowly return from the winter holidays and the macroeconomic calendar starts to be packed. These days, the focus has been on the United States (US) and President-elect Donald Trump’s proposed tariffs.
Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says
Apple still cannot sell its iPhone 16 in Indonesia despite striking a deal to build a local production facility, as it has not met domestic content rules, the industry minister said on Wednesday.Reuters
Jan 8, 2025
Forex Today: US Dollar consolidates recovery gains ahead of key data, FOMC Minutes
Here is what you need to know on Wednesday, January 8: Following a bearish opening to the week, the US Dollar (USD) gathered strength against its rivals on Tuesday, supported by the upbeat macroeconomic data releases and the cautious market mood.Fxstreet
Jan 8, 2025
JGB yields hit multi-year highs tracking US peers
TOKYO, Jan 8 (Reuters) - Japanese government bond yields rose to multi-year highs on Wednesday, pulled by climbing U.S. Treasury yields after robust economic data pointed to a slower pace of interest rate easing by the Federal Reserve.Reuters
Jan 8, 2025
Ethereum Takes Early Q1 Lead Showing Post-Halving Strength – Will History Repeat?
After a lackluster 2024, Ethereum has started 2025 with a bang, surging over 13% since the year began. This impressive performance has reignited optimism among investors who are anticipating a bullish year for ETH and the broader altcoin market.Bitcoinist
Jan 8, 2025
Why Tesla, Broadcom, and Rivian Fell Today as Treasury Yields Shot Higher
Treasury yields continued to surge on sticky inflation data, dragging the market down today. Tech and artificial intelligence (AI) stocks bore the brunt of the sell-off, as the Nasdaq Composite fell nearly 2%, more than the other major market indexes.The Motley Fool
Jan 8, 2025
China expands consumer trade-in scheme to revive economic growth
BEIJING, Jan 8 (Reuters) - China added more home appliances to the list of products that can be used in its consumer trade-in scheme and will offer subsidies for additional digital goods this year, in an effort to revive demand in the sluggish household sector.
Reuters
Jan 8, 2025
