Jobless Claims Show Limited Layoffs But Challenges Getting Rehired -- Market Talk
US Initial Jobless Claims Decline Unexpectedly in Week Ended Dec. 21
The Christmas holiday has ended, and the "Return Month" in the USA is about to arrive.
The USA Retail Federation predicts that the return volume is expected to account for 17% of all Commodity sales in the USA, with total returns reaching 890 billion USD.
U.S. Dollar ETF (USDU) Hits a New 52-Week High
Historically, how did interest rate cuts end when the economy achieved a soft landing?
Goldman Sachs found that G10 central banks tend to end the easing cycle slowly and cautiously by pausing rate cuts, with nearly half of historical "soft landing" rate-cut cycles lasting more than a year. The institution believes that the Fed's statement in December aligns with the pattern of slowing down seen in the later stages of rate-cut cycles in history.
On Thursday, most currencies in Emerging Markets in Asia weakened as trading decreased during the Christmas holiday.
On Thursday, due to investors focusing on the interest rate outlook of the Federal Reserve, most Emerging Markets currencies in Asia weakened against the USD. The Korean won has been one of the worst-performing Asian currencies this year amid domestic political turmoil and the tariff threats of elected President Trump, with the won falling 0.6% against the dollar to its lowest level since March 2009. The Thai baht declined 0.3% against the dollar, while the Indian rupee hit a historic low against the dollar. Poon Panichpibool, a market strategist at Krung Thai Bank, stated that Trump 2.0 policies could support the USA economy, keeping the dollar strong, which impacts Emerging Markets.