SNB total sight deposits w.e. 5 July CHF 453.4 bn vs CHF 452.0 bn prior

Australia private sector credit growth steady in November. With the data in line with expectations, the release is unlikely to shift AUD or rates.

SPX +0.79%, Nasdaq +1.51% on chip stock surge & benign CPI. MU +10% on strong forecast. Fed rate cut odds rise.

Freight rates jump to $2/mile, rejection rates hit 10.72% as capacity tightens. Traders eye bull market potential.

PBOC is expected to set the USD/CNY reference rate at 7.0378 – Reuters estimate

Goldman Sachs expects the BoE to cut rates by 25bp in March, June and September after December’s move, citing a weakening labour market and well-contained inflation that could allow more easing than markets expect.

UK consumer confidence rose to -17 in December from -19, matching this year’s highs, a GfK survey showed. While easing inflation and limited budget tax rises offered support, households remain cautious and spending subdued.

US auto sales hit 16.3M in 2025, up 2% from 2024. EV sales lag, but overall market sees best year since 2019.