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December 03, 2024
Indonesia CPI Review: Headline Inflation Eases in November, but Core Pressures Build
December 3, 2024 6:29 AM UTC
Easing food inflation saw headline CPI decline to 1.5% yr/yr in November. Nonetheless, price pressures from a weakening IDR persist. Bank Indonesia will likely hold rates till the end of 2024.
December 02, 2024
Preview: Due December 5 - U.S. October Trade Balance - Deficit to slip but may rebound in coming months
December 2, 2024 4:31 PM UTC
We expect an October trade deficit of $74.7bn, down from $84.4bn in September and below the Q3 average of $78.0bn. though trend in the deficit is probably still widening and we may see strong imports data later in Q4 in an attempt to beat threatened tariffs.
U.S. November ISM Manufacturing - Bounce led by positive new orders
December 2, 2024 3:27 PM UTC
November’s ISM manufacturing index at 48.4 from 46.5 is the highest since June and follows an upgraded final S and P manufacturing index of 49.7, also the highest since June, from a preliminary 48.8 and 48.5 in October.
Bank of Canada Preview for December 11: Another 50bps easing with tariffs threatened
December 2, 2024 2:16 PM UTC
The Bank of Canada meets on December 11, and we expect a second straight 50bps easing, to 3.25%. While October’s inflation data was a mild disappointment the underlying picture looks subdued. While there are some signs the economy is starting to respond to lower rates, with Q3 GDP having disappoin
Asia Summary and Highlights 2 December
December 2, 2024 5:13 AM UTC
Asia Session
Over the weekend, Trump tweeted that he had a productive meeting with Trudeau while feeling the other way with BRICS. The equity space is opening the week with individual performance with Chinese and Hong Kong equities in the green and Nikkei & U.S. three major equity indexes in the red.