News

The World Bank lowered its 2026 economic growth forecast for Russia from 1.2% to 0.8%.

The World Bank raised its 2026 U.S. economic growth forecast from 1.6% to 2.2%.

The World Bank raised its 2025 U.S. economic growth forecast from 1.4% to 2.1%.

U.S. core CPI was lower than expected, and the three major U.S. stock indexes were close to opening flat. Mining stocks strengthened, with Goldfields (GFI.N) rising 2.2%, Cordair Mining (CDE.N) rising 0.97% and Pan American Silver (PAAS.O) rising 0.7%. The Nasdaq China Golden Dragon Index fell 1%, and Pinduoduo (PDD.O) fell more than 5%.

Russian President Vladimir Putin ordered the seizure of the Russian subsidiary of Danish company ROCKWOOL.

Ian Lyngen, interest rate strategist at the Bank of Montreal: As inflation data has taken a back seat to employment data, today's CPI report is unlikely to change the market's expectations that the Fed will remain on hold in January. And the market seems to be reacting that way.

Network status monitoring website DownDetector: User reports show that as of 9:07 a.m. ET, 5,068 users in the United States reported that social media platform "X" was out of order.

U.S. Food and Drug Administration (FDA): No increased risk of “suicidal behavior” has been found with the use of GLP-1.

EU High Representative for Foreign Affairs and Security Policy Karas: (Regarding Iran) We are discussing additional sanctions.

EU High Representative for Foreign Affairs and Security Policy Karas: The goal is to finalize the 20th round of sanctions against Russia in February.

The number of single-family home building permits in the United States fell 0.2% month-over-month to 878,000 units.

The New York Times: U.S. grocery prices rose 0.7% in December, the largest monthly increase since October 2022. Compared with the same period last year, prices increased by 2.4%.

Shares of Trump Media Technology Group (DJT.O) rose 1.7% in pre-market trading after the company launched four "America First" themed investment strategies.

U.S. short-term interest rate futures surged on the release of inflation data, with traders further increasing bets on a rate cut by the Federal Reserve.

Trump Media Technology Group launches "America First" themed investment vehicle.

The annual rate of housing inflation in the United States was 3.2% in December, which was not seasonally adjusted, compared with the previous value of 3%.

The annual rate of US used car and truck inflation in December was 1.6%, which was not seasonally adjusted, compared with the previous value of 3.6%.

The annual rate of new car inflation in the United States was 0.3% in December, which was not seasonally adjusted, compared with the previous value of 0.6%.

The annual rate of energy inflation in the United States, which was not seasonally adjusted, was 2.3% in December, compared with the previous value of 4.2%.

The U.S. unseasonally adjusted core CPI annual rate in December was 2.6%, expected to be 2.70%, and the previous value was 2.60%.