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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

Canadian ETFs Smash Records, Surpassing C$500 Billion in Assets

Canadian exchange-traded funds (ETFs) experienced record-breaking growth in 2024, surpassing C$500 billion in assets for the first time, as reported by Bloomberg. This surge was fueled by strong market returns and substantial inflows. At the end of December, Canadian ETF assets under management reached C$519 billion, according to

Fed Governor Cautious Despite Recent Inflation "Bump"

Federal Reserve Governor Adriana Kugler expressed cautious optimism about the US economy while acknowledging recent inflationary pressures in an interview on Friday, Bloomberg reports. While acknowledging that the economy is in a good place overall, Kugler stressed the need for further observation to ensure inflation is truly on a downward

China's Premier Calls for Swift Action to Boost Economy

China's leadership is urging local governments to act decisively to ensure a strong economic start to 2025, Premier Li Qiang stated, as reported by South China Morning Post. The call comes amid growing concerns about China's ability to sustain economic growth, given rising global uncertainties and

Repeat Defaults Hit Record High in Leveraged Loan Market: JPMorgan

A record number of companies repeatedly defaulted on their debt in 2024, according to a JPMorgan Chase & Co. report cited by Bloomberg. This trend underscores the continuing strain on corporate balance sheets, particularly within the leveraged loan market where interest rates are increasing. The JPMorgan report reveals that roughly

China's Central Bank Embarks on Historic Monetary Policy Overhaul

China's central bank is planning a major shift in its monetary policy, moving towards a more internationally aligned system based on interest rates, the Financial Times reports. This move aims to bring China's monetary policy closer to the practices of central banks like the US Federal