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Economic Overview on December 26, 2023: Anticipated News and Potential Impacts

Hello, esteemed colleagues! Tomorrow, on December 26, 2023, significant economic events await us. Let's examine how these news items might influence the financial world.

1. Japan Bank Basic CPI (YoY) (08:00 JPY) - Forecast: 3.0%
The anticipated rise in Japan's basic consumer price index can provide insights into the country's economic health. #Japan #Inflation

2. Basic CPI (YoY) (Nov) (08:00 SGD) - Forecast: 3.20%, Actual: 3.30%
Singapore is set to release data on the basic CPI for November. An exceeding forecast may impact local authorities' decisions. #Singapore #Inflation

3. Consumer Price Index (YoY) (Nov) (08:00 SGD) - Forecast: 3.8%, Actual: 4.7%
Singapore's Consumer Price Index is expected to surpass the forecast. How will this affect consumer spending? #CPI #Expenditure

4. S&P/CS Composite-20 HPI (MoM) (Oct) (17:00 USD) - Forecast: 0.2%
Impact on the U.S. real estate market: How will housing prices change in October? #RealEstate #Market

5. S&P/CS Composite-20 HPI Excluding Seasonal Variations (YoY) (Oct) (17:00 USD) - Forecast: 5.0%, Actual: 3.9%
The annual increase in U.S. housing prices may influence buyer and investor decisions. #Housing #Investments

6. 2-Year Treasury Note Auction (21:00 USD) - Average Yield: 4.887%
A bond auction in the U.S.: What does this mean for the financial market and the dollar? #Finance #Bonds

Conclusion:
Stay tuned for updates, discuss events in the comments, and prepare for potential changes in financial markets. Good luck with your investment strategies! #Economy #Finance #Investments #News #FreshForecast #FreshForex
Financial News: Anticipated CPI and Unemployment Data in the U.S. on January 11, 2024

Tomorrow, January 11, 2024, at 16:30 Moscow time, investors will be closely watching the release of crucial data from the U.S., which could impact financial markets.

Consumer Price Index (CPI):

According to forecasts, in December, the month-on-month CPI is expected to increase by 0.3%, matching the previous month. The annual CPI growth is projected to reach 3.2%, exceeding the previous reading of 3.1%. These figures may significantly influence currency pairs, including EUR/USD and USD/JPY, potentially strengthening the U.S. dollar.

Unemployment:

Also at 16:30, data on the number of initial claims for unemployment benefits will be published. The estimated number of claims is 210,000, compared to the previous figure of 202,000. This data can impact stock markets and shares of companies, particularly in the employment-sensitive sectors. Investors may keep an eye on indices such as the S&P 500, Dow Jones, and Nasdaq.

Potential Impact on Instruments:

If the forecasts are confirmed, a strengthening of the U.S. dollar is expected. Investors considering currency transactions may monitor changes in the currency market. Shares of companies, especially those sensitive to changes in employment, may also react to the unemployment data.

#CPI #Dollar #Unemployment #FinancialMarkets #EconomicData
"GBP/USD: Impact of Consumer Price Index on Pair Movement"

The GBP/USD pair hopes to strengthen its position after a good rebound from levels below 1.2600. The increase in the Consumer Price Index (CPI) in the UK in December served as the basis for this upward movement. The report showed a rise to 4.0%, the first increase in 10 months.

The market assesses the probability of a Bank of England (BoE) interest rate cut in May at around 60%, compared to over 80% the previous Tuesday. This, in turn, supports the British pound. The decline in the US dollar after its recent surge also contributes to the pair's strength.

Trading recommendation: Primarily trade on sell (Sell), monitor the level of 1.2700. Important macroeconomic news today may affect GBP/USD.

#Forex #GBPUSD #BoE #CPI #TradingRecommendation
USDJPY: Awaiting US Inflation Data and Bank of Japan Comments

The USD/JPY pair is trading without significant changes at the start of the Asian session. Uncertainty about the timing of interest rate cuts leaves the US dollar in consolidation. Investors are awaiting the release of US Consumer Price Index (CPI) data and comments from the Bank of Japan, which could influence the Japanese yen's exchange rate. Trading recommendation: preferably trade on buy from current price levels.

Today's events in the financial markets could significantly impact currency pair rates, so investors should exercise caution and monitor market dynamics. #Forex #Finance #Investments #EURUSD #GBPUSD #USDJPY #inflation #CPI #BankofEngland #Fed #BankofJapan #labormarket #unemployment