<ul><li><a href="https://www.forexlive.com/news/us-to-weigh-strikes-against-houthi-terror-bases-in-yemen-20240104/">US to weigh strikes against Houthi terror bases in Yemen</a></li><li><a href="https://www.forexlive.com/news/fitch-downgrades-four-chinese-national-asset-management-firms-by-one-no
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US to weigh strikes against Houthi terror bases in Yemen
<p><a href="https://www.forexlive.com/news/rising-middle-east-tensions-increase-the-likelihood-of-us-strikes-on-houthi-bases-in-yemen-20240102/" target="_blank" rel="follow">US media reported </a>on a meeting on Wednesday at the White House of US President Biden's national security team to consid
Germany December preliminary CPI +3.7% vs +3.7% y/y expected
<ul><li>Prior +3.2%</li><li>CPI +0.1% vs +0.1% m/m expected</li><li>Prior -0.4%</li><li>HICP +3.8% vs +3.8% y/y expected</li><li>Prior +2.3%</li><li>HICP +0.2% vs +0.3% m/m expected</li><li>Prior -0.7%</li></ul> This article was written by Justin Low at
ForexLive European FX news wrap: Dollar mixed, yen struggle continues
<p>Headlines:</p><ul><li><a href="https://www.forexlive.com/news/euro-and-sterling-hold-slight-gains-after-pmi-deluge-20240104/">Euro and sterling hold slight gains after PMI deluge</a></li><li><a href="https://www.forexlive.com/news/ishikawa-earthquake-to-shelve-boj-plans-for-an-ear
UK PM Sunak says that there will be no election this spring
<p>That means an autumn election around October is the most likely. As a reminder, the latest date for the UK to go to the polls will be 28 January 2025. But it is unlikely that Sunak will let it go right down to the wire and risk any unnecessary scrutiny in doing so.</p> This article […]
US December Challenger layoffs 34.82k vs 45.51k prior
<ul><li>Prior 45.51k</li></ul><p>US-based employers announced 34,817 job cuts in December and that brings the total number of layoffs in 2023 to 721,677 jobs. For some context, that is a 199% increase from the 363,284 layoffs announced in 2022. So, if you want any further evidence that the US job market is loosening, t
Ishikawa earthquake to shelve BOJ plans for an early policy pivot?
<p>The trading year for Japan officially began today after an extended new year's holiday, and we are seeing the yen drop further. It seems like domestic banks are fueling the fire in saying that the supposed impossible task by the BOJ to perform an early policy pivot, has now just became even more impossible. In […]
Dollar mostly lower so far but the yen is struggling even more
<p>There seems to be a bit of pushing and pulling in markets at the moment, and I would say that something's gotta give in due time. The dollar is mostly lower across the board, with it only gaining against the Japanese yen today. That comes as Treasury yields are pushing back higher on the session […]
Euro and sterling hold slight gains after PMI deluge
<p>While the UK economy arguably ended the year on a high, the Eurozone economy is still suffering a downturn even with the positive revisions to the French and German data earlier. But amid a steadier market mood today, the euro and pound are able to push a little higher against the dollar now.</p><p>EUR/USD is up […]
UK November mortgage approvals 50.07k vs 48.50k expected
<ul><li>Prior 47.38k; revised to 47.89k </li><li>Net consumer credit £2.0 billion vs £1.4 billion expected</li><li>Prior £1.3 billion; revised to £1.4 billion</li></ul><p>Mortgage lending to individuals was at net zero in November compared to £0.1 billion of net repayments in October. The annual