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Brazil's Industrial Output Suffers Second Consecutive Monthly Decline

Brazil's industrial sector experienced its second consecutive monthly decline in November, according to data released Wednesday and reported by Reuters. This indicates a potential cooling of the economy as the central bank implements a restrictive monetary policy to combat inflation. Industrial production decreased by 0.6% in November

Equinor Extends Norway LNG Outage by 10 Days

Equinor has extended the outage at its Hammerfest LNG plant in Norway by 10 days, Reuters reports. The plant, also known as Melkoeya LNG, is Europe's largest liquefied natural gas (LNG) export facility, and the outage is expected to last until January 19. The company initially announced on

Cocoa Plunges as Exchange Curbs Volatility

Cocoa prices tumbled to their lowest point in over a week, with the most-active contract shedding nearly 5% in London. Bloomberg reports that traders are adjusting their positions in response to new measures implemented by Intercontinental Exchange Inc. (ICE) to curb market volatility. ICE Futures Europe on Tuesday lowered the

Thai Inflation Hits Target for First Time in Seven Months: Bloomberg

Thailand's inflation rate has returned to the central bank's target range for the first time in seven months, offering the monetary authority some leeway to resist government calls for further rate cuts amid mounting global economic uncertainty. Consumer prices rose 1.23% year-on-year in December, according

BOJ Governor Ueda: Rate Hike Still on Table

Bank of Japan (BOJ) Governor Kazuo Ueda has reiterated the central bank's willingness to raise interest rates if the economy continues to improve, Bloomberg reports. This comes as market watchers closely scrutinize the BOJ's next steps, seeking clues on the timing of its next rate hike.

Thai Inflation Hits Target for First Time in Seven Months: Bloomberg

Thailand's inflation rate has returned to the central bank's target range for the first time in seven months, offering the monetary authority some leeway to resist government calls for further rate cuts amid mounting global economic uncertainty. Consumer prices rose 1.23% year-on-year in December, according

BOJ Governor Ueda: Rate Hike Still on Table

Bank of Japan (BOJ) Governor Kazuo Ueda has reiterated the central bank's willingness to raise interest rates if the economy continues to improve, Bloomberg reports. This comes as market watchers closely scrutinize the BOJ's next steps, seeking clues on the timing of its next rate hike.

US Job Growth Cools But Remains Healthy: Bloomberg

US employers likely moderated hiring in December, concluding a year of steady job growth, according to a Bloomberg report. Economists surveyed by Bloomberg predict approximately 160,000 jobs were added, putting the average monthly job growth for 2024 near 180,000—a decline from previous years but still indicative of

Zero-Day Options Dominate S&P 500 Options Trading in Unprecedented Shift

For the first time ever, zero-day options (0DTE) on the S&P 500 Index surpassed all other expirations combined in the fourth quarter of 2024, highlighting the rapid growth of these short-term contracts, Bloomberg reports. Trading in options expiring the same day averaged more than 1.5 million contracts

China to Sharply Increase Treasury Bond Funding to Spur Growth in 2025

China plans to significantly increase funding from ultra-long treasury bonds in 2025 to stimulate business investment and consumer spending, Nikkei Asia reports. This move aims to revitalize the faltering economy. Yuan Da, deputy secretary-general of the National Development and Reform Commission (NDRC), announced the plan at a press conference. Special