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South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks

Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer

US Dollar Slips After PCE Inflation Data Eases Fed Rate Hike Expectations

Japan Targets 1%+ Real Economic Growth With ¥370 Trillion Investment Plan

China Factory PMI Seen Returning to Growth in June as AI Export Demand Supports Economy

Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns

Oil Prices Rise as US-Iran Tensions Threaten Strait of Hormuz Oil Shipments

Asian Currencies Trade Mixed as Yen Hovers Near 40-Year Low, Dollar Holds Firm on Fed Outlook

China Expands Export Controls, Adds 20 Japanese Companies to Restricted List

Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms

Gold Prices Rise Above $4,000 as Inflation Data and Weaker Dollar Boost Demand

World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures

SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile

S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges

Gold Prices Fall Below $4,000 as Strong Dollar, Fed Rate Hike Bets Weigh on Bullion

Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen

China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations

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FxWirePro- Major Economic events for th day

Tuesday, January 7, 2025 3:38 AM UTC

Time (GMT)	Currency	Event	Impact	Actual	Forecast	Previous
7:30 AM	CHF	CPI m/m	High	-	-0.10%	-0.10%
9:30 AM	GBP	Construction PMI	High	-	54.3	55.2
10:00 AM	EUR	Core CPI Flash Estimate y/y	High	-	2.70%	2.70%
10:00 AM	EUR	CPI Flash Estimate y/y	High	-	2.40%	2.20%
3:00 PM	CAD	Ivey PMI	High	-	55.4	52.3
3:00 PM	USD	ISM Services PMI	High	-	53.5	52.1
3:00 PM	USD	JOLTS Job Openings	High	-	7.73M	7.74M
7:45 AM	EUR	French Prelim CPI m/m	Medium	-	0.30%	-0.10%
9:30 AM	GBP	Housing Equity Withdrawal q/q	Medium	-	-11.5B	-14.7B
10:00 AM	EUR	Italian Prelim CPI m/m	Medium	-	0.30%	0.00%
10:00 AM	EUR	Unemployment Rate	Medium	-	6.30%	6.30%
1:00 PM	USD	FOMC Member Barkin Speaks	Medium	-	-	-

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