2025-12-15 Monday
2025-12-20
23:19:25
[US Government Plans to Hire 1,000 AI Engineers for Federal Positions] The US government website shows that the Trump administration has launched a recruitment program to hire 1,000 engineers for two-year positions in federal government departments. According to the website, the Trump administration is seeking individuals with expertise in software engineering, artificial intelligence, cybersecurity, and data analytics. These engineers will be assigned to relevant positions within government agencies, with the majority located in Washington, D.C. The website also indicates that several private companies, including Apple, Google, and Nvidia, have pledged to consider hiring those who complete their terms. This plan is part of the Trump administration's efforts to reshape government agencies.
23:00:02
The NAHB Housing Market Index for the United States in December
Previous
:
38
Forecast
:
38
Published Value
39
Previous
22:40:19
[Milan: Fed's Policy Stance Is Imposing Unnecessary Restrictive Effects on the Economy] Federal Reserve Governor Stephen Milan reiterated that, based on his optimistic assessment of inflation trends and emerging warning signs in the job market, the Fed's current policy stance is exerting unnecessary restraining effects on the economy. Milan stated that as rent increases gradually return to normal from the surge during the COVID-19 pandemic, housing inflation is expected to enter a steady downward trend. He believes that, due to the transmission effect of the cooling job market, core service inflation, excluding housing, food, and energy, will not face significant upward pressure. Milan stated that some drivers of service inflation (such as portfolio management fees) are essentially statistical biases, rather than changes in prices actually perceived by consumers.
22:01:45
[Canadian Inflation Remains Sticky, Soaring Food Prices Offset Energy Deflation, Core Indicators Cool] ⑴ Canada's annualized inflation rate remained unchanged at 2.2% in November, primarily driven by food prices, which saw their fastest increase in over two years. ⑵ Year-on-year declines in gasoline and housing costs partially offset the impact of rising food prices; excluding gasoline, the November CPI rose 2.6% year-on-year. ⑶ The core inflation indicator, excluding volatile items, fell below 3% for the first time since March, below the upper limit of the Bank of Canada's inflation control range. ⑷ The Bank of Canada's preferred core indicators, the median and cut-off mean CPI, both fell to 2.8% in November, the first time they have fallen below 3% since the tariff policy took effect. ⑸ Overall food prices rose 4.2% year-on-year, the largest increase since December 2023, with grocery prices rising 4.7% and restaurant dining costs rising 3.3%. Adverse weather and trade policies are considered major factors driving up food prices. (6) Despite the cooling of core inflation, the strong rise in food prices indicates that the internal structure of inflation remains stubborn, which may make central banks cautious in their policy decisions.
21:59:28
[US Stocks Rise Slightly in Pre-Market Trading, Focus on Non-Farm Payrolls and CPI] ⑴ US stock index futures rose slightly in pre-market trading on Monday, as the market remained cautious at the start of a week packed with key economic data releases. ⑵ This week's market focus will shift sequentially to Tuesday's non-farm payrolls and retail sales data, followed by Thursday's November Consumer Price Index report. ⑶ The New York Stock Exchange announced that seven of the ten largest IPOs in 2025 will choose to list on the NYSE, including well-known companies such as Circle, Figma, and Klarna. ⑷ NYSE President Lynn Martin stated that the focus for 2026 will be "maintaining momentum, simplifying the listing process for companies, while upholding the reputation of the US market as the most trusted, liquid, and competitive market globally." ⑸ Baron Capital founder and CEO Ron Baron will ring the opening bell at 9:00 AM ET to celebrate the launch of Baron's actively managed ETFs.
21:54:41
[Demand for French Treasury Bonds Remains Robust, Short-Term Interest Rates Fluctuate Slightly] ⑴ The French Treasury successfully auctioned a total of €7.79 billion in government bonds of various maturities on Monday, with overall market demand remaining robust. ⑵ The 3-week bond auction, valued at €500 million, attracted €2.145 billion in bids, resulting in a bid-to-cover ratio of 4.29 and a marginal yield of 1.950%. ⑶ The 13-week bond auction, valued at €3.6 billion, attracted €7.75 billion in bids, resulting in a bid-to-cover ratio of 2.153 and an average yield of 2.079%, slightly lower than the 2.088% of the previous auction of the same maturity. ⑷ The 28-week bond auction, valued at €1.795 billion, attracted €4.525 billion in bids, resulting in a bid-to-cover ratio of 2.521 and an average yield of 2.117%, slightly higher than the 2.103% of the previous auction of the same maturity. (5) The auction of 50-week sovereign bonds amounted to €1.895 billion, attracting €5.365 billion in bids, a bid-to-cover ratio of 2.831, and an average yield of 2.146%, roughly the same as the 2.148% in the previous auction of the same maturity. (6) All maturities of sovereign bonds were oversubscribed, and no non-competitive bidding occurred, indicating that market demand for French short-term sovereign credit remains robust, and interest rate levels have not changed significantly.
21:53:43
[Ontario Pushes for Intra-Regional Free Trade, Breaking Down Barriers to Target a $200 Billion Annual Economic Pie] ⑴ Ontario, Canada, is taking a key step by releasing a new draft bill under the Ontario Free Trade and Mobility Act 2025 to implement a "mutual recognition" mechanism with other Canadian jurisdictions. ⑵ This move aims to break down intra-Canada trade barriers that cost the national economy up to $200 billion annually and increase the prices of goods and services by up to 14.5%. ⑶ Under the mutual recognition principle, goods or services approved for sale or use in another recognized jurisdiction in Canada will be considered to meet Ontario's standards without additional testing, approval, or fees; similarly, businesses authorized to provide services in a recognized jurisdiction will be entitled to equivalent authorization in Ontario. ⑷ The province is also accelerating labor mobility; starting January 1, 2026, certified professionals can begin working in Ontario within 10 business days after regulatory agencies confirm their qualifications. (5) As Canada’s largest interprovincial trading entity, Ontario’s move aims to enhance its economic resilience and competitiveness by reducing red tape and accelerating market access for local businesses in the face of global market instability.
21:44:54
[New York State Manufacturing Activity Unexpectedly Contracts, Weak Demand Dragging It Down, But Future Expectations Improve] ⑴ Data released Monday by the Federal Reserve Bank of New York showed that New York State manufacturing activity unexpectedly contracted in December after two consecutive months of expansion, with the business conditions index falling sharply by 22.6 points to -3.9, well below the market expectation of a positive 10.0. ⑵ This contraction was mainly dragged down by a sharp drop in shipments, with the shipments sub-index plummeting 22.5 points to -5.7, falling into contraction territory. Meanwhile, backlogs decreased, and supply availability also deteriorated. ⑶ Although price increases slowed for the second consecutive month, they remained high, indicating that cost pressures persist. ⑷ However, the new orders sub-index remained stable, employment showed moderate growth, and business capital expenditure plans increased. ⑸ The business conditions expectations index, which measures the outlook for the next six months, rose to its highest level since January, indicating that manufacturers' optimism about the medium-term outlook has strengthened.
21:43:38
[Canadian Inflation Shows Stickiness, Food Prices Surge to Two-Year High, Core Indicators Cool for the First Time] ⑴ Canada's annualized inflation rate remained unchanged at 2.2% in November, primarily driven by food prices, which have risen to a two-year high. ⑵ The year-on-year decline in gasoline prices continued to weigh on the overall consumer price index. Excluding gasoline, the November CPI rose 2.6% year-on-year. ⑶ Crucially, the core inflation indicator, excluding volatile items, fell below 3% for the first time since March, below the upper limit of the Bank of Canada's inflation control range. ⑷ The Bank of Canada's preferred core indicators, the median and cut-off mean CPI, both fell to 2.8% in November, the first time they have fallen below 3% since Trump's tariffs took effect. ⑸ Overall food prices rose 4.2% year-on-year, with grocery prices rising 4.7% and restaurant dining costs rising 3.3%. Adverse weather and trade policies are generally considered major factors driving up food prices. (6) Despite signs of cooling in core inflation, the continued strong rise in food prices suggests that the internal structure of inflation remains sticky, which may make central banks cautious when considering a policy shift.
21:42:58
[Canada's November Inflation Rate Remains Stable at 2.2%, Food Price Growth Accelerates] ⑴ Canada's overall inflation rate remained stable at 2.2% in November, unchanged from October and below the expected 2.3%, continuing its recent moderate approach to the central bank's baseline target of 2%. ⑵ Gasoline prices fell 7.8% year-on-year, a smaller decline than the 9.4% drop in October, due to monthly price increases caused by refinery disruptions. ⑶ Food inflation accelerated again, with store-bought food prices rising 4.7% year-on-year, the fastest pace since the end of 2023, primarily driven by rising prices for fresh fruit and other food products. ⑷ Housing price growth slowed, with rent inflation falling to 4.7% from 5.2% in October. ⑸ Meanwhile, mobile phone service prices rose sharply by 12.7% year-on-year, continuing their rebound as industry-wide promotional activities decreased. ⑹ In addition, core inflation remained stable at 2.6% for the third consecutive month, highlighting underlying price pressures despite cooling prices in some service categories.
21:42:11
The New York Fed's Manufacturing Price Payment Index for December in the United States
Previous
:
49
Forecast
:
-
Published Value
37.60
Previous
21:42:05
The New York Fed's manufacturing outlook Index for the next six months in December
Previous
:
19.10
Forecast
:
-
Published Value
35.70
Previous
21:41:40
The monthly rate of outstanding orders in Canada's manufacturing sector in October
Previous
:
-1%
Forecast
:
-
Published Value
0.10%
Previous
21:41:35
Canada's monthly rate of new manufacturing orders in October
Previous
:
2.50%
Forecast
:
-
Published Value
-0.40%
Previous
21:41:28
Canada's manufacturing inventory monthly rate for October
Previous
:
0%
Forecast
:
-
Published Value
-0.70%
Previous
21:41:22
Canada's manufacturing inventory-to-shipment ratio for October
Previous
:
1.70
Forecast
:
-
Published Value
1.70
Previous
21:40:45
The New York Fed's manufacturing Employment Index for December in the United States
Previous
:
6.60
Forecast
:
-
Published Value
7.30
Previous
21:40:40
The New York Fed's manufacturing New Orders Index for December in the United States
Previous
:
15.90
Forecast
:
-
Published Value
0
Previous
21:40:37
The New York Fed's manufacturing price acquisition index for December in the United States
Previous
:
24
Forecast
:
-
Published Value
19.80
Previous
21:40:07
Canada's seasonally adjusted CPI annual rate for November
Previous
:
2.16%
Forecast
:
-
Published Value
2.22%
Previous
21:40:05
Canada's November CPI reading
Previous
:
165.30%
Forecast
:
-
Published Value
165.40%
Previous
21:37:48
[Canada's November Inflation Rate Remains Unchanged at 2.2%, Below Expectations] ⑴ Canada's Consumer Price Index (CPI) rose 2.2% year-over-year in November, unchanged from October, but below market expectations of 2.3%. ⑵ The CPI rose 0.1% month-over-month in November, unchanged from the previous month. ⑶ The Bank of Canada's core CPI rose 2.9% year-over-year, unchanged from the previous month; it fell 0.1% month-over-month, compared to a 0.6% increase previously. ⑷ The core CPI rose 0.2% month-over-month, compared to a 0.3% increase previously. ⑸ The median CPI rose 2.8% year-over-year, below the expected 2.9%; the cut-off mean rose 2.8% year-over-year, below the expected 2.9%; the consumer staples index rose 2.8% year-over-year, compared to 2.7% previously. ⑹ The CPI excluding gasoline rose 2.6% year-over-year, unchanged from the previous month. ⑺ Statistics Canada stated that declining tour and accommodation costs, coupled with slower rent growth, put downward pressure on the overall CPI. (8) On a year-on-year basis, the slowdown in service price growth was partially offset by rising commodity prices, driven by increases in grocery prices and a narrowing decline in gasoline prices. (9) For residents, grocery prices rose 4.7% year-on-year, higher than October's 3.4%, marking the highest increase since December 2023 and posing significant downward pressure. (10) Fresh fruit was the main driver of the price increases, while leading categories included frozen beans (up 17.7% year-on-year) and coffee (up 27.8% year-on-year).
21:37:31
[New York Fed's December Manufacturing Index Sharply Below Expectations] ⑴ The New York Fed's manufacturing index for December came in at -3.9, far below the market expectation of 10.0 and the previous month's reading of 18.7. ⑵ Business activity declined slightly in December after two consecutive months of expansion, with the overall business conditions index falling sharply from the previous month's high into negative territory. ⑶ New orders remained stable, with about one-third of businesses reporting growth and another third reporting declines. ⑷ Shipments declined slightly, reflecting a weakening of short-term demand. ⑸ Shorter delivery times indicate easing supply chain pressures; however, deteriorating supply availability suggests a return of input constraints. ⑹ Inventories increased slightly, indicating hoarding behavior amid uncertainty. ⑺ Employment grew moderately, with the employment index rising to 7.3, the sixth positive reading in the past seven months; average hours worked declined slightly, indicating limited momentum in labor demand. (8) Input cost growth slowed for the second consecutive month, but remained high; the price paid index fell to 37.6, the lowest level since January; prices collected also declined, slightly easing profit pressures but still remaining at historically high levels. (9) Capital expenditure plans increased, with the capital expenditure index rising to 6.9, indicating moderate investment growth. (10) Businesses became more optimistic about the next six months, with the future business conditions index rising to its highest level since January, and expectations for new orders and shipments also improved significantly. (11) Businesses expect price pressures to remain high, and inventories are expected to expand further. (12) Overall, current activity has slowed, but forward-looking optimism has increased; inflationary pressures are easing but not eliminating, and employment and investment conditions continue to support the gradual recovery of the manufacturing sector.
21:36:41
Poland recorded its largest trade surplus in 18 months in October. ⑴ Poland's trade account recorded a surplus of €553 million in October 2025, compared to a deficit of €333 million in the same period last year. ⑵ This is the largest trade surplus since April 2024, mainly due to faster export growth than import growth. ⑶ Exports rose 4.2% to a record high of €32.4 billion, primarily driven by increased exports of other consumer goods, particularly clothing, footwear, and video game consoles. ⑷ Public bus sales and agricultural product shipments also increased. ⑸ Conversely, exports of passenger cars, auto parts, and supplies declined further. ⑹ Imports grew more moderately, rising 2.4% to €31.8 billion, mainly driven by capital goods, particularly computers and passenger cars, although imports of consumer goods and agricultural products declined compared to October 2024.
21:35:39
[Canadian Housing Starts Rebound 9.4% Month-over-Month in November] ⑴ Canadian housing starts rose 9.4% month-over-month in November, rebounding from a 17% decline in October. The seasonally adjusted annualized rate of starts was 254,058 units, slightly higher than market expectations of 250,000 units. ⑵ In major cities with populations over 10,000, housing starts rose 11% to 233,573 units, while rural areas saw starts at 20,485 units. ⑶ Among major metropolitan areas, Montreal saw a significant 24% year-over-year increase in housing starts, partially offsetting an 11% decline in Toronto and a 1% decline in Vancouver.
21:30:24
U.S. New wheat export sales for the week ending November 20 -USDA Weekly
Previous
:
95.05
Forecast
:
-
Published Value
38.11
Previous
21:30:24
U.S. net export sales for the week ending November 20 - wheat for the second year -USDA weekly
Previous
:
0
Forecast
:
-
Published Value
0.75
Previous
21:30:23
New pork export sales in the United States as of November 20 -USDA Weekly
Previous
:
2.57
Forecast
:
-
Published Value
4.75
Previous
21:30:23
U.S. net export sales for the week ending November 20 - total soybean oil for two years -USDA weekly
Previous
:
1.02
Forecast
:
-
Published Value
0
Previous
21:30:23
U.S. new beef export sales for the week ending November 20 -USDA Weekly
Previous
:
1
Forecast
:
-
Published Value
1.91
Previous
21:30:23
U.S. net export sales for the week ending November 20 - Soybean oil for the current year -USDA weekly
Previous
:
-1.33
Forecast
:
-
Published Value
0.75
Previous
21:30:23
U.S. net export sales for the week ending November 20 - Soybean total for two years -USDA weekly
Previous
:
69.56
Forecast
:
-
Published Value
232.07
Previous
21:30:23
U.S. net export sales for the week ending November 20 - Soybean oil for the second year -USDA weekly
Previous
:
2.35
Forecast
:
-
Published Value
-0.75
Previous
21:30:19
U.S. net export sales for the week ending November 20 - Soybean meal for the current year -USDA weekly
Previous
:
35.79
Forecast
:
-
Published Value
15.10
Previous
21:30:19
U.S. net export sales for the week ending November 20 - Soybean meal for the second year -USDA weekly
Previous
:
0
Forecast
:
-
Published Value
0.05
Previous
21:30:18
U.S. net export sales for the week ending November 20 - Soybeans for the second year -USDA weekly
Previous
:
0
Forecast
:
-
Published Value
0
Previous
21:30:18
U.S. net export sales for the week ending November 20 - Corn for the second year -USDA weekly
Previous
:
0
Forecast
:
-
Published Value
0
Previous
21:30:18
U.S. soybean new export sales for the week ending November 20 -USDA Weekly
Previous
:
81.25
Forecast
:
-
Published Value
245.54
Previous
21:30:18
U.S. New corn export sales for the week ending November 20 -USDA Weekly
Previous
:
259.27
Forecast
:
-
Published Value
193.60
Previous
21:30:16
U.S. net export sales for the week ended November 20 - total pork -USDA weekly
Previous
:
2.36
Forecast
:
-
Published Value
4.49
Previous
21:30:16
U.S. net export sales for the week ending November 20 - Corn for the current year -USDA weekly
Previous
:
238.04
Forecast
:
-
Published Value
184.32
Previous
21:30:14
U.S. net export sales for the week ending November 20 - total wheat for two years -USDA weekly
Previous
:
85.04
Forecast
:
-
Published Value
36.92
Previous
21:30:14
U.S. net export sales for the week ending November 20 - cotton for the current year -USDA weekly
Previous
:
18.76
Forecast
:
-
Published Value
14.84
Previous
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