The figures on EU inflation and US employment could be significant

The American Dollar got a boost early Thursday, backed by the echoes of a hawkish Federal Reserve. The greenback gained additional momentum ahead of Wall Street’s opening following the release of upbeat US employment-related figures.

According to data released by Challenger Job Cuts, layoffs decreased in December from 76.835K in November to 43.651K during that month – an indication that job security is on the rise across America and businesses are hiring more workers than ever before. Additionally, ADP Survey’s Employment Change report showed 235,000 new positions were created in December alone – far surpassing expectations for growth within this sector at this time last year! Lastly, Initial Jobless Claims declined to 204 thousand for the last week of December which further cements these positive trends we are seeing throughout our economy today!

These encouraging signs have investors feeling optimistic about Friday’s Nonfarm Payrolls report and Euro Zone’s Harmonized Index Consumer Prices (HICP) due out later this week as well – both reports could potentially provide further evidence towards continued economic recovery since 2020 began! As such it looks like there may be plenty more good news coming down the pipeline about our nation’s financial health so stay tuned for updates over what should be an exciting few days ahead!

European Central Bank

The European Central Bank (ECB) is currently in the process of winding down its bond-buying program. The central bank has been gradually reducing its monthly purchases since January 2018 and is expected to end the scheme by the end of this year.

At a recent meeting, ECB member French central bank chief Francois Villeroy noted that policymakers should aim to reach what he termed as a “terminal rate” by Summer of 2020. This terminal rate would be lower than current levels but still provide sufficient liquidity for markets and ensure stability in prices across Europe.

Villeroy’s comments come at an interesting time for global financial markets given increasing geopolitical tensions between China and US as well as other factors such as Brexit uncertainty which could weigh on economic growth prospects going forward. His remarks suggest that there may be some room for further easing from the ECB if needed – something which investors will certainly watch closely over the coming months ahead of their next policy decision later this week.

Spot gold settled at $1,832 a troy ounce on Tuesday, with buyers still taking their chances on dips. The precious metal has been trading in an upward trend since the start of the year and is currently trading near its highest level since 2011. Gold prices have been supported by increasing geopolitical tensions between major powers such as China and the United States, which has resulted in increased demand for safe-haven assets like gold.

Crude Oil

Meanwhile, crude oil prices are consolidating near weekly lows after having dropped from over $75 per barrel earlier this month to around $73.60 a barrel today due to rising global supply levels amid slowing economic growth prospects worldwide. Crude oil inventories have also risen sharply during this period of lower demand which further weighed down crude prices despite ongoing OPEC production cuts that were aimed at reducing global supplies of oil products and stabilizing markets.

Overall it appears that investors remain optimistic about spot gold despite recent losses while they remain cautious towards commodities such as crude oil given current market conditions surrounding supply levels versus demand dynamics globally speaking. This could be seen as indicative of investor sentiment being focused more heavily on safe-haven assets rather than riskier investments at present time.