KOMATSU CONCERNED ABOUT TRUMP'S TARIFFS AND TRADE POLICIES Komatsu fears retaliatory tariffs from Canada on U.S.-made mining machines, impacting its exports, especially since Canada is its largest market for these products. Potential tariffs on imports from Canada, China, and Mexico could lead to retaliatory barriers, threatening
Gold prices fell by 1%, reaching a near two-week low. The U.S. Federal Reserve reduced interest rates as expected. The Fed signaled it would slow down further rate cuts in 2025. This decision strengthened the U.S. dollar and Treasury yields, impacting gold prices
UK RATE FUTURES SIGNAL AROUND 55 BASIS POINTS OF BOE RATE CUTS BY END OF 2025 UK rate futures suggest approximately 55 basis points (bps) of rate cuts by the end of 2025. Before the Bank of England's (BoE) recent policy announcement, the expectation was for around 45
The Dow Jones dropped 960 points (2.2%) on Wednesday, heading for its longest losing streak since 1974. This would be the 10th straight day of losses for the Dow. The S&P 500 fell 2%, and the Nasdaq Composite dropped nearly 4%. The decline came after a disappointing
Oil prices rose on Wednesday. U.S. crude stocks decreased, which supported the price increase. The Federal Reserve reduced interest rates as expected. However, the Fed indicated it will slow future rate cuts, limiting oil price gains.
GOLD 2025 OUTLOOK: WHAT'S NEXT? Gold has risen by 28% in 2024, outperforming the S&P 500, and hit a record high in October. Gold's price has been wavering since October and didn't rise with other assets after Donald Trump's election.
Thursday's Breaking News (Moscow Time) BoE Interest Rate Decision (GBP) Time: 15:00 Previous Rate: 4.75% Forecast: No change (4.75%) US GDP Growth (QoQ, Q3) Time: 16:30 Previous Growth: 3.0% Forecast: Slower growth (2.8%) US Initial Jobless Claims Time: 16:30 Previous: 242K
Rate Cut and Pause The Fed cut interest rates by 0.25% (25 basis points), completing a total of 1% reduction this year. This is likely the last adjustment for now, as the Fed plans to pause further changes. One member, Beth Hammack, disagreed, wanting to keep rates unchanged. Future
US ECONOMIC DATA RELEASED Business inventories in the U.S. grew by 0.1% in October, matching the forecast and previous month's reading. The U.S. Housing Market Index for December came in at 46, slightly below the forecast of 47, but unchanged from the previous month.
ETF REVIEW: DECEMBER FLOWS SO FAR FAIL TO KEEP PACE WITH NOVEMBER ETF flows in December have been slower compared to November. So far, $90 billion has flowed into ETFs this month, well below November's $220 billion. November's Record Flow: November saw the highest ETF inflows
Interest Rate Cut: The Federal Reserve lowered interest rates by 0.25% to 4.50%, as expected. Inflation Progress: Powell expects core inflation to drop to 2.5% next year, showing significant improvement. Tariff Impacts: It's too early to judge the effect of tariffs on the economy, but
BITCOIN PRICE FORECAST: BTC EXTENDS UPSIDE ABOVE $107K AS MICROSTRATEGY AND RIOT EXPAND BITCOIN HOLDINGS Bitcoin price is trading above $107,300, reaching a new all-time high of $107,793 recently. Companies like MicroStrategy and Riot Platforms have been buying more Bitcoin, fueling the price rally. MicroStrategy bought an additional