BoJ Minutes: Members agree BoJ will continue to raise rates if economic price forecasts materialize.BoJ Minutes: Members agree BoJ will continue to raise rates if economic price forecasts materialize

USD/JPY attracts some sellers below 156.50 as Yen strengthens on intervention fears.USD/JPY attracts some sellers below 156.50 as Yen strengthens on intervention fears

Crude Oil Price Forecast: Rally Reclaims 20-Day – 50-Day $59.13 Test Ahead.Crude oil extended its counter-trend rally Thursday, reclaiming the 20-day average at $58.20 and trading near the day's $58.54 high while positioning for a test of the 50-day resistance zone near $59.13–$59.37.

United States API Weekly Crude Oil Stock increased to 2.4M in December 19 from previous -9.3M.United States API Weekly Crude Oil Stock increased to 2.4M in December 19 from previous -9.3M

Natural Gas Price Forecast: Bullish Reversal to $4.46 – 20-Day Resistance Looms.Natural gas spiked through a resistance zone Tuesday to an eight-day high of $4.46, reclaiming both the 10-day and 20-day averages and forming an outside week reversal off the $3.80 higher swing low.

South Korea Consumer Sentiment Index dipped from previous 112.4 to 109.9 in December.South Korea Consumer Sentiment Index dipped from previous 112.4 to 109.9 in December

US Dollar: Data Shows Strong GDP but Strong Inflation Too.Markets were quiet on Tuesday ahead of the Christmas break as the final major US data releases of the week produced a mixed picture. Strong third-quarter GDP growth was offset by hotter inflation readings in the PCE index, contradicting last week's softer CPI data.

Pound-to-Dollar Rate Forecast: GBP Climbs Above $1.35 as USD Weakens.The Pound US Dollar (GBP/USD) exchange rate firmed on Tuesday, with the pairing striking its best levels since late September. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.34974 (+0.22%)Euro to Dollar (EUR/USD): 1.17894 (+0.22%)Dollar to Japanese Yen (USD/JPY): 156.1925 (-0.46%) DAILY RECAP: The US Dollar (USD) faced.

Canadian Dollar tests five-month highs on Tuesday.Canadian Dollar tests five-month highs on Tuesday

Natural Gas News: Futures Jump 10% Today on Cold Weather Forecast and LNG Demand.Natural gas futures surged 10% on strong LNG demand and colder forecasts, but high production and key resistance near $4.452 could limit further upside.

BoC December Minutes highlight cautious optimism amid global and domestic risks.BoC December Minutes highlight cautious optimism amid global and domestic risks

Oil News: Short-Covering Lifts Crude Oil as Venezuela Disruptions Hit Supply.Crude oil gains as short-covering, Venezuela sanctions, and shipping risks lift prices, supporting a firmer near-term oil forecast despite surplus concerns.

Trump: Fed chair must align with my views on rates and markets.Trump: Fed chair must align with my views on rates and markets

United States 5-Year Note Auction rose from previous 3.562% to 3.747%.United States 5-Year Note Auction rose from previous 3.562% to 3.747%

NEC Director Hassett: Fed moving too slowly on rate cuts amid strong growth.NEC Director Hassett: Fed moving too slowly on rate cuts amid strong growth

United States 52-Week Bill Auction fell from previous 3.46% to 3.38%.United States 52-Week Bill Auction fell from previous 3.46% to 3.38%

USD/JPY declines on firmer Yen despite strong US economic data.USD/JPY declines on firmer Yen despite strong US economic data

US consumer confidence slides to 89.1, recession signal persists.The pullback was driven by the sharp deterioration in current conditions. The Present Situation Index dropped -9.5 points to 116.8, signaling growing unease over labor market and business conditions.

US Trade Representative: Will levy tariffs on semiconductors from China.US Trade Representative: Will levy tariffs on semiconductors from China

US consumer confidence report December 89.1 versus expected 91.0.The Conference Board's latest release confirms that US consumer confidence fell for the fifth consecutive month in December 2025. Despite a temporary reprieve following the end of the federal government shutdown, rising anxiety over jobs and a darkening business outlook have pushed a key recession indicator deeper into the danger zone.

Crude Oil in 2025: Supply Dynamics Continue to Dominate the WTI Market.As 2025 comes to an end, one of the most important lessons for the oil market is that the balance between supply and demand expectations continues to dominate the main oscillations in crude prices. Oil is on track to end the year with WTI below 60 dollars, levels not consistently seen since 2021.

United States Richmond Fed Manufacturing Index in line with forecasts (-7) in December.United States Richmond Fed Manufacturing Index in line with forecasts (-7) in December

Canada's Economy Takes a Step Back in October.Compositionally, 11 of 20 industries registered a decline on the month. Goods industries (-0.7% m/m) reversed out last month's hefty gain, while the services sector contracted by a smaller 0.2% m/m.

U.S. Economy Remains Strong in Q3, With GDP Rising 4.3%.After having been delayed by nearly two months because of the government shutdown, this morning the Bureau of Economic Analysis released its initial estimate of Q3 GDP (replacing both the advance and second estimates) and a preliminary reading of corporate profits (normally released with the second estimate of GDP).

Yen Finds Breathing Room From Verbal Intervention, But Fiscal Risk Narrative Deepens.Yen rebounded broadly today, but the move appears driven more by pre-holiday profit-taking than a genuine shift in trend. Position squaring into year-end has offered temporary relief after recent weakness, yet price action lacks the conviction typically associated with durable reversals.

US Dollar Forecast: DXY Stabilizes as Strong GDP Lifts Treasury Yields.The U.S. Dollar Index steadies after dipping to support as strong GDP meets flat-to-firm Treasury yields in thin holiday trading. Key levels remain in focus.

Natural Gas Price Outlook – Natural Gas Continues to Attempt a Rally.Natural gas rallies on Tuesday. If we can break above the $4.20 level, then the market could go much higher from here.

In other economic news today: US durable goods weak. Industrial Production modestly higher.The Federal Reserve's released Industrial Production and Capacity Utilization data for November and it shows that industrial production staged a modest recovery in November after a tepid October. While the headline index beat expectations, capacity utilization remains steady

Crude Oil Price Outlook – Oil Stalls Slightly in Early Tuesday Trading.The light sweet crude oil market has shown itself to be slightly positive in the early hours of Tuesday.

US durable goods fall -2.2% mom as transport orders drag.US durable goods orders fell -2.2% mom to USD 307.4B in October, undershooting expectations for a -1.5% decline. The weakness was driven largely by transportation equipment, which dropped -6.5% to USD 103.9B after two consecutive monthly increases.