US Economic Indicators Signal Mixed Trends

Commodity markets began 2025 with mixed results as traders dealt with economic concerns in China, rising oil prices, and the potential political impact of Donald Trump's return. US stock markets, despite initial gains, closed lower after recent attacks dampened optimism. The US dollar is on track for its strongest weekly performance in over a month, supported by solid economic data and expectations of pro-growth policies. Meanwhile, gold prices rose due to safe-haven demand, while WTI crude oil surged 5% driven by cold weather forecasts and economic stimulus hopes in China. Investors are focused on upcoming US jobs data that could influence market direction ahead of the new administration's inauguration. Mixed signals from China's economy, including slowing consumer price growth but improved manufacturing activity, add to global economic uncertainties.