Bitcoin Nears $100K Amid Crypto-Friendly Regulatory Hopes! Can Bitcoin break the $100K barrier before the end of the year? Crypto Soars on Regulatory HopesBitcoin jumped to $97,361 this week, fueled by expectations that pro-crypto candidates will lead US regulators under President-elect Donald Trump. SEC and CFTC Shake-UpPaul Atkins, a known crypto advocate, is in the […]
Gold Holds Steady Amid Cease-Fire News Is Gold Poised for a Comeback or Will US Data Weigh It Down? Gold trades near $2,630/oz as Israel and Hezbollah agree to a 60-day cease-fire. Haven demand softens following Middle East developments. US Data in Focus Investors await key US economic reports, including: Fed’s November meeting minutes PCE […]
Global Markets Brace for Impact After Trump’s Tariff Warning Could Trump’s tariff threats spark a prolonged trade war, and how might this impact global economic recovery efforts? Trump Targets Tariffs on Mexico, Canada, and China In a late-night Truth Social post, Trump warned of 25% tariffs on Mexico and Canada over border control issues and […]
Euro Hits 2-Year Low: Key Highlights on ECB Rate Cut Expectations Will the euro continue its slide, or can the ECB steady the ship? Euro Slides to $1.0335 The euro tumbles to its weakest level since 2022, losing over 1% in a single session.Markets Eye Aggressive ECB Cuts Traders now see a 50% chance of […]
Asian Equities Rebound as Tech Stocks Rally; Dollar Extends Winning Streak Asian equities rose Friday, led by a rebound in semiconductor stocks, as investors eased concerns over Nvidia’s revenue outlook. The MSCI Asia Pacific index climbed 0.7%, with gains in Australia, Japan, and South Korea offsetting declines in Hong Kong and China. The dollar extended […]
$100K Bitcoin: Milestone or Just the Beginning of a New Era? Is $100K just the beginning for Bitcoin? Historic Milestone in Sight Bitcoin surged to $98,342, just shy of the symbolic $100,000 mark. The crypto market gained $900 billion since Trump’s election victory on Nov. 5. Trump’s Pro-Crypto Stance President-elect Donald Trump’s pivot from crypto […]
Asian Equities Decline Amid Nvidia Forecast Miss and Geopolitical Tensions Asian stocks fell 0.3%, led by declines in tech heavyweights, as Nvidia’s third-quarter revenue forecast disappointed lofty expectations, dampening sentiment globally. Indian markets underperformed due to a US indictment of Gautam Adani, causing sharp losses in Adani Group shares and bonds. Nvidia’s ripple effect impacted […]
Markets Hold Steady as Nvidia’s Big Moment Arrives Stock futures are calm as investors eagerly await Nvidia’s earnings, a key event that could shape Wall Street’s direction. Nvidia’s results, fueled by soaring AI demand, are expected to move its stock sharply, with concerns about potential chip delays adding suspense. Meanwhile, Target’s gloomy holiday forecast has […]
US Dollar Set for Biggest Weekly Gain Amid Fed Pause & Trump’s Inflation-Driven Policies The U.S. dollar was on track for its best weekly gain since September, spurred by expectations of fewer Federal Reserve rate cuts and anticipation that President-elect Donald Trump’s policies could fuel inflation once he assumes office in January. The dollar index […]
US Stocks Hold Steady as Investors Eye Fed’s Next Moves Amid Strong Dollar and Easing Inflation US stock futures nudged higher as investors awaited new producer price data and a speech from Fed Chair Jerome Powell, both of which could shape expectations for a potential December rate cut. Following mixed inflation data, markets remain optimistic […]