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Monthly Archives: December 2022

South Korea Inflation Data Due On Friday

South Korea Industrial Output Rises 0.4% In N...

[ad_1] South Korea will on Friday release December figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In November, overall inflation was down 0.1 percent on month and up 5.0 percent on year, while core CPI rose 0.3 percent on month and 4.3 percent on year. Also, …

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Treasuries Regain Ground Following Recent Wea…

Treasuries Regain Ground Following Recent Wea...

[ad_1] After moving notably lower over the past several sessions, treasuries regained some ground during trading on Thursday. Bond prices moved steadily higher over the course of the morning and remained firmly positive throughout the afternoon. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, …

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Oil Futures Settle Lower As Inventory Data, C…

*China Consumer Prices -0.2% On Month, +1.6% ...

[ad_1] Crude oil prices drifted lower on Thursday, weighed down by concerns about a surge in Covid-19 cases in China, and on data showing an increase in US crude inventories in the week ended December 23rd. With Covid-19 cases rising in China, concerns about a global recession have risen, raising …

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Gold Futures Settle Higher As Dollar Dips Aft…

Gold Futures Settle Notably Lower As Dollar R...

[ad_1] Gold prices climbed higher on Thursday as the dollar shed ground against most of its major rivals after data showing an increase in US jobless claims helped ease concerns about any aggressive tightening by the Federal Reserve early next year. The dollar index dropped to 103.78 before recovering slightly …

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Seven-Year Note Auction Attracts Modestly Bel…

Seven-Year Note Auction Attracts Modestly Bel...

[ad_1] The Treasury Department finished off this week’s series of announcements of the results of its long-term securities auctions on Thursday, revealing this month’s sale of $35 billion worth of seven-year notes attracted modestly below average demand. The seven-year note auction drew a high yield of 3.921 percent and a …

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U.S. Weekly Jobless Claims Inch Up Slightly M…

Indian Rupee Weakens To Near 5-week Low Again...

[ad_1] First-time claims for US unemployment benefits rose by slightly more than expected in the week ended December 24th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims crept up to 225,000, an increase of 9,000 from the previous week’s unrevised level …

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Latvia Retail Sales Growth At 8-Month High

Latvia Retail Sales Growth At 8-Month High

[ad_1] Latvia’s retail sales grew for the third straight month in November and at a faster pace in eight months, largely driven by a surge in sales of clothing, footwear, and leather goods, figures from the Central Statistical Bureau showed on Thursday. Retail sales climbed a calendar-adjusted 10.7 percent year-over-year …

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U.S. Weekly Jobless Claims Inch Up To 225,000…

Indian Rupee Weakens To Near 5-week Low Again...

[ad_1] First-time claims for US unemployment benefits rose by slightly more than expected in the week ended December 24th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims crept up to 225,000, an increase of 9,000 from the previous week’s unrevised level …

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