SocGen's Overnight Economic News Summary
BY MT Newswires | ECONOMIC | 12/18/25 06:06 AM EST06:06 AM EST, 12/18/2025 (MT Newswires) -- Societe Generale in its early Thursday economic news summary pointed out:
-- Major currencies rangebound before European Central Bank, Bank of England, European Union Council summit. 10-year United States Treasury on 4.14% before the U.S. consumer price index, jobless claims. Brent crude rebounds above $60/barrel. Nasdaq closed at a near four-week low on Wednesday. The Indian rupee (INR) fights back for the second day.
-- Japan: international investors bought net 1.41 trillion yen ($9.1 billion) of Japanese government bonds (JGB) last week, the most in eight months. Foreign portfolio investments on track to buy most JGBs this year since at least 2005 as yields climb to multi-decade highs.
-- Day ahead: ECB forecast to stay on hold, to raise gross domestic product estimate. BoE forecast to cut 25bps to 3.75%. U.S. November CPI, SocGen forecasts headline and core +0.3% month over month. U.S. weekly jobless claims. The Czech central bank (CNB) is forecast to stay on hold and Mexico's Banxico is estimated to reduce by 25bps.
-- Nikkei -1.0%, EUR 10-year IRS -1bp at 2.92%, Brent crude +0.8% at $60.2/barrel, Gold -0.2% at $4,333/oz.
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
Print
