Analysis

TradingKey - As the U.S. enters a new rate cycle, the quantitative tightening (QT)—initially launched to reduce the Federal Reserve’s bloated balance sheet following the COVID-19 pandemic—is also nearing its conclusion. A key metric in gauging when to end QT is the scale of the Fed’s ON RRP...

TradingKey - On 17 April 2025, the European Central Bank (ECB) will announce its April policy rate decision, with markets overwhelmingly pricing in a 25-basis-point cut, lowering the Deposit Facility Rate to 2.25%. This aligns with our baseline expectation.

On 10 April 2025, the U.S. released its March Consumer Price Index (CPI) data, revealing a continued slowdown in inflation. Core CPI month-over-month growth eased from 0.2% in February to 0.1% in March, while Headline CPI unexpectedly recorded a negative month-over-month figure of -0.1%.

On 4 April 2025, the U.S. released its March non-farm payroll (NFP) data, reporting a increase of 228,000 jobs, significantly surpassing market expectations of 135,000 and the prior month’s 151,000. Data also show that NFP has risen for two consecutive months.

Yesterday，due to concerns about tariff policies, panic continued to spread in the U.S. stock market before the market opened.With the release of Chicago PMI data, US stocks rebounded across the board. The ISM manufacturing PMI will be released tonight. Will the market continue to rise?

Core Inflation Surprise and Weak Consumption Paint a Challenging Picture for the Fed.

SEOUL/TOKYO, March 27 (Reuters) - For Japan and South Korea, tariffs announced by U.S. President Donald Trump represent a blow to domestic car industries that are both economic pillars and sources of national pride.

China entered 2025 with a boost in economic activity, and officials are ready to roll out more support if growth slows. Huang Yiping, a monetary policy adviser to the People’s Bank of China, told Bloomberg Television on Wednesday at the Boao Forum for Asia that September’s stimulus has already stead

ORLANDO, Florida, March 25 (Reuters) - U.S. economic growth is set to slow this year, perhaps significantly, but no one seems to have told Wall Street. While equity prices and valuations have tailed off recently, analysts are still expecting record-high profits.

TradingKey - On 20 March 2025, the Federal Reserve announced its March interest rate decision. Consistent with broad market expectations, the Fed maintained its policy rate unchanged at 4.25%-4.5%. Regarding balance sheet reduction, starting in April, the monthly cap on maturing U.S. Treasury...

TradingKey - The Federal Reserve (Fed) wrapped up its March 2025 policy meeting on Wednesday (19 March) and did so with a mixed bag of signals. 

TradingKey - It’s been a rough few weeks for stock markets at technology stocks, in particular, have been hard hit by the uncertainty surrounding the impact of tariffs on the US economy.

March 10 (Reuters) - Growing challenges to the euro's status as a reserve currency in a fast-changing global economy are, for now, staying the hand of European capitals as they weigh up the repercussions of a potential seizure of frozen Russian assets.

In addition to the Gross Domestic Product (GDP), terms like Nonfarm Payrolls, "Terror data", and the PMI often appear in media headlines and influence the flow of funds in the capital market.

We anticipate that Core PCE will rise by 2.7%, positioning it between the prior month’s value and the market’s consensus estimate.

As the first nonfarm payrolls (NFP) report of 2025 approaches, the Federal Reserve’s rate cut prospects and markets such as gold and U.S. stocks face a critical test. Following unexpectedly strong ADP employment data, will the NFP report show signs of cooling as anticipated?

TradingKey - Dallas Federal Reserve President Lorie Logan stated on Thursday that the Fed may need to keep interest rates at their current levels for an extended period unless the labor market weakens significantly.

TradingKey – Here are today’s key economic events to watch.

TradingKey – Here are today’s key economic events to watch.

TradingKey – Here are today’s key economic events to watch.