Mixed Asian Markets Amid China’s Profit Decline: Key Highlights Asian Markets Waver as China’s Industrial Slump Deepens: What’s Next? China’s Industrial Profits Decline: Industrial profits in China dropped over 7% in November, marking the fourth consecutive month of declines, and fell nearly 5% year-on-year for January-November. Japan’s Nikkei Climbs: The Nikkei 225 rose 1.8% to […]

Turkey’s Central Bank Cuts Key Rate: Highlights of the Economic Shift Could this rate cut signal the beginning of a new economic strategy for Turkey, or will it further complicate the fight against inflation? Interest Rate Cut Announced: Turkey’s central bank lowered its one-week repo rate by 2.5 percentage points to 47.5%, marking its first […]

US stock futures dipped slightly early Thursday amid subdued holiday-season trading. The market’s “Santa Claus rally” gained momentum earlier in the week, with the Dow and Nasdaq marking four consecutive sessions of gains and the S&P 500 extending its winning streak to three. Growth stocks, including the “Magnificent Seven” tech giants, surged, led by Tesla’s […]

Dollar Set to End Year Stronger Amid Fed and Policy Uncertainty The U.S. dollar appears poised to close the year with gains exceeding 6%, marking a significant rebound after its dip last year. Despite a recent easing of inflationary pressures, the outlook for 2025 remains uncertain as markets and policymakers navigate a complex global landscape. […]

Tech Surge Fuels Asian Stocks Rally Amid Pre-Holiday Trading Asian Markets Rise: Stocks in Asia climbed in thin trading, led by gains in the tech sector after US technology giants lifted Wall Street benchmarks on Monday.Standout Performers: Mainland China and Hong Kong markets outperformed, while Japan showed mixed results. Taiwan Semiconductor Manufacturing Co. hit a […]

Sterling Falters Amid UK Business Confidence Drop and Fed-Driven Dollar Rally The British pound started the week sluggishly against the U.S. dollar as a survey highlighted a dip in UK business confidence, and traders continued to assess the dollar’s rally fueled by the Federal Reserve’s cautious stance. Key Takeaways: UK Business Confidence Hits 2024 Low: […]

Santa Claus Rally Fuels Optimism as Stocks Rise U.S. stock futures climbed Monday after the S&P 500 logged its biggest gain since early November on Friday, sparking hopes for a year-end “Santa Claus rally.” Cooling inflation data, with PCE prices rising less than expected, added to the market’s optimism. In political developments, President Biden signed […]

Dollar Holds Steady Ahead of Fed Decision; Central Banks in Focus Dollar steady as markets await Fed’s “hawkish cut” and updated 2025 projections. Yen and global rivals brace for key central bank meetings this week. Robust U.S. retail sales and cautious BOJ signals drive currency moves. #USD #Fed #Forex #CentralBanks The U.S. dollar held firm […]

November Retail Sales Surprise Wall Street US retail sales rose 0.7% in November, surpassing economists’ expectations of a 0.6% increase. The American consumer remains resilient as the holiday shopping season kicks off strong! Revised October Data Adds More Optimism October retail sales were revised upward to 0.5% (previously 0.4%), further fueling confidence in consumer spending. […]

Dollar Steady Ahead of Fed Decision; Global Currencies Eye Central Bank Moves Dollar holds near peaks as Fed readies a likely rate cut, with traders raising long-term rate expectations. Euro and yen stay weak ahead of global central bank decisions this week. Canadian dollar hits 4.5-year low amid political turmoil. #USD #Fed #Forex The dollar […]