Fed's Beige Book signals steady jobs, moderating price pressures.The latest Beige Book from the Fed showed US economic activity improving modestly, with eight of twelve Districts reporting growth at a “slight to modest pace”. Three Districts saw no change and one reported a modest decline, marking a better backdrop than recent cycles where stagnation dominated.

Fed's Beige Book: Outlooks were mildly optimistic.Fed's Beige Book: Outlooks were mildly optimistic

FX Today: Focus remains on US data, Fedspeak, and UK GDP figures.FX Today: Focus remains on US data, Fedspeak, and UK GDP figures

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs As Traders Bet On Iranian Supply Disruption.Oil markets wait for the potential U.S. attack on Iran.

WTI hits highest since late October as Iran unrest fuels risk premium.WTI hits highest since late October as Iran unrest fuels risk premium

Fed's Bostic: Inflation challenge has not been won yet.Fed's Bostic: Inflation challenge has not been won yet

Natural Gas News: EIA Short-Term Outlook Sees Decline—Market Down 8.89% Today.Natural gas futures plunge 8.89% as warm weather destroys demand. EIA forecasts 2% decline in 2026 with storage surplus widening above seasonal norms.

U.S. Dollar Retreats As Treasury Yields Decline: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY.The American currency is losing ground as traders react to Producer Prices data.

The Iran Risk Premium: WTI Hits $62 as Revolts Continue – US Oil Outlook.Between record corporate issuance signaling high-paced economic activity, the US capture of a head of state in Venezuela (combined with threats to other nations), and now revolts in Iran, geopolitics has firmly taken the lead in driving volatility.

USDJPY: Dips from the Area Near 160 on Renewed Intervention Talks.The news that Japan's PM is to call snap election in February, further deflated yen, but the following comments from Fin Min about intervention against yen's excessive losses, cooled the situation and lifted Japan's currency.

Crude Oil Forecast: WTI Tests 3+ Month Highs, Iran Tensions Boiling Over?.In the current environment, it can be hard for traders to get a clean read on what's driving the market on a day-to-day basis. In addition to long-term trends around economic growth and inflation, the AI infrastructure buildout, and sovereign debt loads, a different geopolitical hotspot appears to crop up daily.

USD/JPY retreats as Japan warns on excessive FX moves.USD/JPY retreats as Japan warns on excessive FX moves

Bank of England working to protect against non-bank failure risk, Ramsden says.The Bank of England is making progress towards ensuring that the financial system is safe in the event of a collapse of an institution outside the traditional banking sector, Deputy Governor Dave Ramsden said on Wednesday.

Fed's Miran: Deregulation last year was 'substantial'.Fed's Miran: Deregulation last year was 'substantial'

Natural Gas Price Outlook – Natural Gas Continues to Churn.The natural gas markets have fallen a bit during the trading session on Wednesday but continue to see a lot of questions about demand going forward. Ultimately, this is a market that will move on with the weather.

Oil News: Futures Rally as Outlook Splits on Iran Risk and Rising Crude Inventory.Crude oil futures rally to $61.83 as traders bet on Iran risk, but rising U.S. inventory and returning supply challenge the bullish outlook.

Crude Oil Price Analysis – Oil Continues to Move on Geopolitics.Crude oil continues to rise on geopolitics, looking very overextended at the moment.

US: Retail Sales Rebound in November .Retail sales rose 0.6% month-over-month (m/m) in November, rebounding from a 0.1% contraction in October. The headline result was stronger than the consensus forecast, which called for a 0.4% m/m gain.

Japan Steps Up Verbal Intervention, Yen Finds Temporary Breathing Room.Yen recovered broadly today after Japan delivered its strongest verbal intervention in months, temporarily slowing the currency's slide. The shift in tone came as USD/JPY neared 160, its strongest level since July 2024, prompting officials to push back more forcefully against what they described as excessive moves.

Oil rebound strengthens NOK outlook against the Euro – Société Générale.Oil rebound strengthens NOK outlook against the Euro – Société Générale

US Inflation Is Stickier Than It Appears as CPI Masks Rising PCE Risks.Summary:US inflation cooled marginally in December, but underlying price pressures remain elevated Food inflation surged at its fastest pace since 2022, weighing on consumer affordability Economists warn that PCE inflation is likely to run hotter than CPI The Federal Reserve appears increasingly comfortable with inflation hovering near 3%US inflation data initially looked encouraging, but a closer reading suggests price pressures remain more persistent than headline numbers imply. While December's Consumer Price Index showed a modest easing in core inflation, rising […]

US retail sales beat expectations with 0.6% mom growth in November.US retail sales posted a solid upside surprise in November. Headline sales rose 0.6% mom to USD 735.9B, beating expectations of a 0.4% increase.

United States Producer Price Index ex Food & Energy (YoY) increased to 2.9% in October from previous 2.6%.United States Producer Price Index ex Food & Energy (YoY) increased to 2.9% in October from previous 2.6%

United States Producer Price Index ex Food & Energy (MoM) rose from previous 0.1% to 0.3% in October.United States Producer Price Index ex Food & Energy (MoM) rose from previous 0.1% to 0.3% in October

US November PPI final demand Y/Y +3.0% vs +2.7% expected.As a reminder, this is November data and besides being old news at this point, it could have the same shutdown related issues of the November CPI. I don't expect the market to focus too much on the data because we already got the more important and more timely December CPI yesterday.

Dollar Does Not Tolerate Dissent.JP Morgan believes that the White House's focus on lowering interest rates will have the opposite effect. Inflation will accelerate, and rates will rise.

India's central bank proposes to tweak how banks compute FX risk exposure.India's central bank on Wednesday proposed changes to how banks calculate their net foreign exchange exposure and the capital needed to be set aside against potential FX risk.

Sterling edges higher, key UK data flurry up ahead.The pound rose on Wednesday, gaining against the dollar, euro and yen, ahead of economic growth data later this week that might help ​shape expectations for Bank of England monetary policy in the coming ‌months.

investingLive European markets wrap: Yen bounces back a little, precious metals stay hot.The Japanese yen was the main focus on the session after dropping in Asia, with USD/JPY ramping up above 159.00 to its highest since July 2024 at one point.

The Dollar Consolidates while Japan Steps Up its Intervention Threats and Decision Day for the SCOTUS.The dollar is mostly softer, but the consolidative tone persists. The yen remains the notable exception.