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Daily Digest

Pomegra Newswire

Economy News

Economic news that moves markets: inflation prints, jobs reports, GDP, central-bank decisions, and what each release means for investors.

October PPI: 6.5% Annual Rate Lifts 10-Year Yield to 5.16%
Economy
MAJOR
6h ago6 min read

October PPI: 6.5% Annual Rate Lifts 10-Year Yield to 5.16%

October producer prices rose 0.3%, below forecasts, but the 6.5% annual rate is the highest since November 2022, pushing the 10-year Treasury yield to 5.16%.

Fed Rate Hike Odds Near 90% for December After Hot CPI
Economy
MAJOR
15h ago6 min read

Fed Rate Hike Odds Near 90% for December After Hot CPI

Traders price a December fed rate hike near 90% after October CPI rose 0.4%, as two-year Treasury yields head for their worst week since 2024 before PPI.

White House Says Tariffs Push Is 'Just Getting Started'
Economy
MAJOR
1d ago4 min read

White House Says Tariffs Push Is 'Just Getting Started'

The White House vowed to extend its tariff push after midterm losses as 62% of Americans back repeal in a Reuters/Ipsos poll and prices rose 0.4% in October.

Gold Slides Below $4,000 on Fed Rate Hike Bets
Economy
MAJOR
1d ago5 min read

Gold Slides Below $4,000 on Fed Rate Hike Bets

Gold fell below $4,000 an ounce as a 19-month-high dollar and 5% Treasury yields lifted bets on a December Fed rate hike after hot October inflation data.

10-Year Treasury Yield Near 5% as Fed Rate Hike Odds Climb
Economy
MAJOR
1d ago5 min read

10-Year Treasury Yield Near 5% as Fed Rate Hike Odds Climb

The 10-year Treasury yield is back near 5% after a hot October CPI and Waller's warning, with traders pricing about 87% odds of a December Fed rate hike.

White House "Quadruples Down" on Tariffs After Midterms
Economy
MAJOR
2d ago6 min read

White House "Quadruples Down" on Tariffs After Midterms

The White House says it will expand tariffs after Republicans lost Congress, even as a Reuters/Ipsos poll shows 62% of Americans favor repealing them.

Gold Slides 1.6% to $4,074 as Fed Rate Hike Bets Build
Economy
NOTABLE
3d ago6 min read

Gold Slides 1.6% to $4,074 as Fed Rate Hike Bets Build

Gold fell 1.6% to about $4,074 an ounce on Nov. 10 as hawkish Fed signals and higher Treasury yields boosted rate-hike bets and hit precious metals.

Treasury 10-Year Auction Clears at 5.02% on Weak Demand
Economy
MAJOR
3d ago6 min read

Treasury 10-Year Auction Clears at 5.02% on Weak Demand

The $42 billion 10-year Treasury auction cleared at 5.02% with its widest tail since February as foreign demand fell most since 2016, lifting rate fears.

Waller Backs December Fed Rate Hike, Eyes 50 bps if CPI Hot
Economy
MAJOR
3d ago4 min read

Waller Backs December Fed Rate Hike, Eyes 50 bps if CPI Hot

Fed Governor Waller backs a December hike and is open to 50 basis points after a hot core CPI print, lifting fed rate bets to about 15% for a half-point move.

Fed Rate Hike Bets Ride on October CPI Report
Economy
MAJOR
3d ago5 min read

Fed Rate Hike Bets Ride on October CPI Report

US October CPI is expected to rise 0.3% overall and 0.2% at the core, with no annual rate published, as traders weigh a December fed rate hike.

Fed Rate Hike Odds Near 80% After Strong October Jobs
Economy
MAJOR
3d ago6 min read

Fed Rate Hike Odds Near 80% After Strong October Jobs

A 165,000-job October gain and 4.1% unemployment lifted odds of a December Fed rate hike to nearly 80%, as the 10-year Treasury yield hovers near 4.9%.

UBS's Ermotti Warns Europe Too Slow on Fiscal Contagion
Economy
MAJOR
4d ago6 min read

UBS's Ermotti Warns Europe Too Slow on Fiscal Contagion

UBS CEO Sergio Ermotti says Europe is moving too slowly to contain fiscal contagion as French 10-year bond yields hold near 4.75%, above Italy and Greece.

China PPI Jumps 5.7% in October as Consumer Prices Lag
Economy
MAJOR
4d ago6 min read

China PPI Jumps 5.7% in October as Consumer Prices Lag

China's October producer prices rose 5.7%, the fastest since June 2022, while consumer inflation eased to 0.7%, as Asian equities rebounded on Monday.

October CPI Preview: Why Interest Rates Hang on Tuesday
Economy
MAJOR
4d ago6 min read

October CPI Preview: Why Interest Rates Hang on Tuesday

October CPI arrives Tuesday with inflation seen near 3.9%, and a 77% December hike probability makes it the week's key test for rate-sensitive stocks.

Fed Rate Hike Odds Hit 78% After 165,000 October Jobs
Economy
MAJOR
5d ago6 min read

Fed Rate Hike Odds Hit 78% After 165,000 October Jobs

A stronger-than-expected October jobs report lifted the 10-year Treasury yield to about 4.86% and moved traders firmly toward a December Fed rate hike.

10-Year Treasury Yield Hits 4.87% After Strong Jobs Data
Economy
MAJOR
Nov 66 min read

10-Year Treasury Yield Hits 4.87% After Strong Jobs Data

The 10-year Treasury yield rose to 4.87% and the dollar index gained 0.7% as strong October payrolls raised interest rate hike bets; gold fell nearly 1%.

October Jobs Report: US Adds 165K, Jobless Rate at 4.1%
Economy
MAJOR
Nov 65 min read

October Jobs Report: US Adds 165K, Jobless Rate at 4.1%

US employers added 165,000 jobs in October versus about 59,000 expected, and unemployment fell to 4.1%, strengthening the case for a December fed rate hike.

Fed Rate Hike Odds Slip to 66% Ahead of Jobs Report
Economy
MAJOR
Nov 65 min read

Fed Rate Hike Odds Slip to 66% Ahead of Jobs Report

Fed rate hike odds for December fell to about 66% after the midterms and a 4.4% S&P 500 rout, with October payrolls forecast at 65,000 in today's jobs report.

Gold Price Hits $4,125 as Yields and Dollar Slide
Economy
NOTABLE
Nov 55 min read

Gold Price Hits $4,125 as Yields and Dollar Slide

Gold bullion jumped about 2% to a two-week high near $4,125 as the dollar slid to a one-month low and Treasury yields fell before Friday's U.S. jobs data.

BoE Holds Rates at 3.75% as British Inflation Hits 3.5%
Economy
MAJOR
Nov 55 min read

BoE Holds Rates at 3.75% as British Inflation Hits 3.5%

The Bank of England held Bank Rate at 3.75% on 5 November, defying market pricing for a hike to 4% as british inflation ran at 3.5%, well above its 2% target.

France 10-Year Yield Hits 5.14%, Highest Since 2002
Economy
MAJOR
Nov 36 min read

France 10-Year Yield Hits 5.14%, Highest Since 2002

France's 10-year bond yield hit 5.14%, its highest since 2002, as Japanese investors trim French debt, adding to global sovereign debt worries and rate fears.

Fed Rate Held at 3.75-4.00% as Warsh Keeps December Open
Economy
MAJOR
Nov 26 min read

Fed Rate Held at 3.75-4.00% as Warsh Keeps December Open

The fed rate stays at 3.75-4.00% after a 10-2 vote, as Warsh declines to commit to a December hike that markets price at about 85% with the 10-year near 5%.

US Q3 GDP Hits 3.4%, PCE at 3.6%: Fed Rate Hike Eyed
Economy
MAJOR
Oct 305 min read

US Q3 GDP Hits 3.4%, PCE at 3.6%: Fed Rate Hike Eyed

US economic growth accelerated to 3.4% in the third quarter while PCE inflation rose to 3.6%, keeping a December fed rate increase in sharp focus for markets.

Gold Slips to $4,020 as Fed Rate Hike Bets Build
Economy
NOTABLE
Oct 305 min read

Gold Slips to $4,020 as Fed Rate Hike Bets Build

Gold fell about 1% to near $4,020 an ounce and silver lost 3% as strong GDP and hot PCE inflation kept Federal Reserve rate hike bets for December alive.

BOJ Holds Rates at 1.25%, December Hike in Focus
Economy
MAJOR
Oct 304 min read

BOJ Holds Rates at 1.25%, December Hike in Focus

The Bank of Japan is set to hold its policy rate at 1.25% today with a hawkish tilt, keeping a December hike and yen carry-trade unwinding in play.

Bitcoin $80,000 Test After Fed Hold, 3.7% Inflation
Economy
MAJOR
Oct 294 min read

Bitcoin $80,000 Test After Fed Hold, 3.7% Inflation

Bitcoin traded near $80,100 on Oct. 29, down 1.6% in 24 hours, after the Fed held rates at 3.75%-4.00% and September inflation ran hot.

France 10-Year Yield Tops 5% for First Time Since 2002
Economy
MAJOR
Oct 295 min read

France 10-Year Yield Tops 5% for First Time Since 2002

France's 10-year bond yield topped 5% for the first time since 2002 as riots and deficit fears hit Paris, raising contagion concerns for Italy and Spain.

US Q3 GDP, PCE Data Land With 10-Year Yield at 5%
Economy
MAJOR
Oct 296 min read

US Q3 GDP, PCE Data Land With 10-Year Yield at 5%

US third-quarter GDP and September PCE inflation print at 8:30 a.m. ET as the 10-year Treasury yield holds near 5% and the fed rate path hangs on the data.

Fed Rate Held at 3.75%-4% as Cook, Hammack Dissent
Economy
MAJOR
Oct 284 min read

Fed Rate Held at 3.75%-4% as Cook, Hammack Dissent

The Fed rate stays at 3.75%-4% after a 10-2 vote, as Lisa Cook and Beth Hammack dissented for a hike and Chair Kevin Warsh announced fewer meetings from 2027.

Gold Slips Toward $4,000 Ahead of Fed Rate Decision
Economy
NOTABLE
Oct 275 min read

Gold Slips Toward $4,000 Ahead of Fed Rate Decision

Gold slipped toward $4,000 an ounce on Oct. 27 as a firmer U.S. dollar and 5% Treasury yields weighed on bullion before Wednesday's Fed rate decision.

Why do economic reports move stocks?

Stock prices rest on two things interest rates control: the value of future profits and the appetite for risk. That is why a hotter-than-expected CPI inflation print or a strong jobs report can move every stock at once - the numbers change where investors expect the Federal Reserve to set rates. The desk covers each major release with what was expected, what arrived, and how markets repriced.

The calendar repeats monthly: CPI and PCE for inflation, nonfarm payrolls for employment, GDP for growth, and the Fed's FOMC meetings where policy is actually set. Each report writes through to the wiki entry explaining the indicator, so coverage of a payrolls surprise links directly to what nonfarm payrolls measures and why markets care.

Frequently Asked

Which economic reports does Pomegra cover?

The desk covers major releases including CPI inflation, jobs reports, GDP, and central-bank rate decisions, with plain-English explanations of the market impact.

What is an economic indicator?

An economic indicator is a statistic - like unemployment or GDP growth - used to judge the health and direction of an economy. The Pomegra wiki and learn library explain the major ones.