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 […]
Trump’s Return Sparks Dollar Surge, Bitcoin Boom, and Bond Yield Climb Amid Inflation Concerns Asian shares fell as China’s weak market weighed on broader sentiment, while U.S. bond yields and the dollar rose. Bitcoin steadied above $90,000, buoyed by Donald Trump’s anticipated crypto-friendly policies, with the cryptocurrency up over 30% in just two weeks. Investors […]
Bond Market Braces for High-Inflation Scenarios as Trump Returns! Surging Treasury Yields: After Trump’s win, U.S. 10-year Treasury yields rose nearly 15 basis points. Analysts predict these long-term yields could climb further, spurred by tax cuts and tariffs, which are expected to boost inflation and raise costs of imported goods. Debt Surge Alert: Trump’s policy […]
Trump’s Victory Spurs Dollar Surge & Bitcoin Boom as Inflation Data Looms The U.S. dollar sits close to a 6.5-month peak, benefiting from Trump’s win and investor expectations for his inflationary policies, including trade tariffs and tax cuts. Treasury yields are rising as a December Fed rate cut becomes less certain, with odds now at […]