With China facing a deflationary spiral and uncertain economic prospects, lower interest rates alone wouldnβt be enough to kick the economy back into high gear.
U.S. natural gas futures retreated as near-term temperatures werenβt seen as cold as previously forecast, while last weekβs inventory draw of 116 Bcf was smaller than expected.
The majority of EV makerβs market cap rides on hope for robotaxis, robots and AI, but the stock is now at a sharp premium even compared with other tech titans.
Prices slipped in December, driven by cheaper sugar, dairy products and vegetable oils, but remained near 19-month highs, according to a United Nations food price index.
Commerzbank Research said bond markets had an ambiguous start to the year as the eurozoneβs focus shifted to primary market activities and with headwinds from Treasurys appearing to have driven the move.
Oil prices slipped slightly due to optimism about a rebound in Chinaβs economic activities, driven by government stimulus and a concerted push to accelerate economic growth, Pepperstone said.