Time | Country | Event | Period | Previous value | Forecast | Actual |
---|
07:00 | United Kingdom | Halifax house price index | December | 1.2% | 0.8% | -0.2% |
07:00 | United Kingdom | Halifax house price index Y/Y | December | 4.7% | 4.6% | 3.3% |
07:30 | Switzerland | Consumer Price Index (MoM) | December | -0.1% | -0.1% | -0.1% |
07:30 | Switzerland | Consumer Price Index (YoY) | December | 0.7% | 0.6% | 0.6% |
07:45 | France | CPI, m/m | December | -0.1% | 0.3% | 0.2% |
07:45 | France | CPI, y/y | December | 1.3% | 1.5% | 1.3% |
During today's Asian trading, the US dollar fell moderately against major currencies, continuing yesterday's decline and reaching a one-week low amid conflicting reports about Donald Trump's tariff policy.
The US Dollar Currency Index (DXY), which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona) fell by 0.24% to 107.98. Yesterday, the index lost 0.64% after a report in the Washington Post that Trump's aides were studying plans according to which tariffs would apply only to sectors considered critical to the national or economic security of the United States. However, Trump later denied this report, which caused a rebound in the US dollar. Last week, the US dollar index reached its highest level since November 9, 2022, amid expectations that Trump's promised fiscal stimulus, reduced regulation and higher tariffs would boost the US economy. This week, investors will focus on the minutes of the December Fed meeting, job openings data, ADP employment numbers and the nonfarm payrolls report, which will clarify the trajectory of the Fed's monetary policy this year. According to the CME FedWatch Tool, markets see a 6.9% probability of a 0.25% rate cut in January (compared to 9.6% a week ago), while the probability of an additional rate cut in March is 41.4%.