Softer Economic Data, Growing Geopolitical Concerns

From Nasdaq:

1) Recent sell-off and soft economic data have led to growing geopolitical concerns and ongoing scepticism about a Q1 rate cut. Bond traders show signs of doubting dovish Fed pivot, while German inflation rises to 3.8%, potentially blocking rate-cut hopes.

2) German emissions reach a 70-year low, but climate goals are still lagging behind targets. In the US, the first large-scale offshore wind project comes online, producing enough electricity to power 400,000 homes.

3) The Fed minutes cite lower inflation risks, while spot container shipping rates soar 173% due to Red Sea diversions. Mortgage demand falls 9.4%, and all-cash home sales in Manhattan hit a record high. Expected eurozone inflation raises doubts over rate cuts.



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