Financial Markets Daily Report
16 January 2025

Risk-on mode in financial markets during yesterday’s session, as December US CPI data signaled cooling core inflation. Headline CPI rose 0.2pp to 2.9% (+0.4% mom), as expected by consensus, while core CPI, expected to stay at 3.3% yoy (+0.3% mom) fell to 3.2% (+0.2% mom).