Topic: Daily Market Updates
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ECB to lead the global easing cycle in 2024
Falling oil price reinforces bets on rate cuts. EUR under strong selling pressure. Pound down, UK yields at 7-month lows.
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Greenback extends rebound as global yields tumble
European, Australian yields underperform. China trade due. US jobs the major release.
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ECB saves the dollar from weak jobs data
Cracks in the US labor market. Pound loses steam. Euro nears 3-week low on dovish ECB signal.
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Greenback gains for second day; Aussie hit after RBA
USD index climbs to two-week highs. Asian FX mostly lower. US trade due.
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Risk-off as investors await jobs data
Risk-off as investors await jobs data. Pound retraces in uneventful trading. Euro loses further momentum.
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Aussie falls ahead of RBA as global shares drop
Global shares ease after strong November. RBA seen as likely on hold. Emerging FX hit as sentiment shifts.