Global rate cuts boost the US dollar, pushing it higher against euro, franc, and yen. Shifting rate cut expectations and rising US Treasury yields contribute to dollar strength, impacting emerging markets and the Japanese yen.
Global Market Outlook: Dollar Strengthens as Rate Cut Expectations Shift Read More »
US manufacturing contracted further in December, hitting a 4.5-year low, while the services sector surged to a 38-month high. This divergence reflects optimism around post-election policies but also growing concerns about potential tariffs and rising import costs.
US Manufacturing Contracts Further in December, Services Sector Soars Read More »
Fundstrat’s Tom Lee predicts S&P 500 will hit 7,000 by mid-2025, driven by Fed rate cuts and strong earnings. He anticipates a year-end pullback to 6,600, still a 9% gain from current levels, citing historical market patterns.
Fundstrat’s Tom Lee Predicts S&P 500 to Reach 7,000 in Mid-2025 Before Year-End Pullback Read More »
Strong US job growth prompts Fed officials to reassess potential interest rate cuts. While positive, they emphasize a comprehensive labor market analysis alongside other economic indicators before any decisions.
Fed Officials Weigh Labor Market Strength Against Potential Rate Cuts Read More »
China signals aggressive economic stimulus for 2025 amid trade war concerns and domestic deflation. The Politburo pledged a “moderately loose” monetary policy and proactive fiscal measures, hinting at increased government spending and potential interest rate cuts.
China Signals Bolder Economic Support for 2025 Amid Trade War Concerns Read More »
Chinese stocks surged to a two-week high on anticipation of economic stimulus measures at the upcoming Central Economic Work Conference. Investors expect significant rate cuts and policy adjustments to boost growth and combat deflationary pressures.
Chinese Stocks Surge on Anticipation of Economic Stimulus Read More »
Pound, gold, and oil markets react to US jobs data and Fed rate cut anticipation. Analysis covers GBP/USD, gold price response, and OPEC+ output cut extension’s impact on oil.
Pound, Gold, and Oil Market Analysis: December 6, 2024 Read More »
ECB interest rate cut: gradual or aggressive? Market anticipates a half-point cut due to slowing eurozone growth and inflation dipping below target, while ECB officials lean towards smaller reductions.
Fed rate cut pace hinges on economic conditions, says Chicago Fed President Goolsbee. He anticipates nearing a stopping point for reductions by late 2024, with a neutral rate around 3%.
Goolsbee: Fed Rate Cuts Pace Hinges on Economic Conditions Read More »
November jobs data fueled market optimism, signaling a likely Fed rate cut in December. Stocks rallied, with the Nasdaq leading gains while the Dow dipped slightly, mirroring weekly performance.
November Jobs Report Fuels Market Optimism for Fed Rate Cut Read More »
