GOLD HOLDS STEADY AS INVESTORS EYE FED DECISION, TRUMP TARIFF MOVES
Gold prices did not change much on Wednesday. Investors are waiting for the U.S. interest rate decision. People are also watching President Trump’s new tariff plans.
Tina Collins
OIL PRICES STEADY AS INVESTORS WEIGH IMPACT OF TRUMP TARIFFS
Oil prices stayed the same on Wednesday. Investors are thinking about how U.S. tariffs on Canada and Mexico might affect oil. They did not worry much about the rise in U.S. crude oil stock.
Gold dips as dollar, yields climb after Fed stands pat on rates
Gold prices went down on Wednesday. The U.S. dollar and bond yields went up. The Federal Reserve did not change interest rates. People expected this decision. The Fed did not say when it might cut rates in the future.
JAPANESE YEN MOVES BACK CLOSER TO MULTI-WEEK TOP AGAINST USD
JAPANESE YEN MOVES BACK CLOSER TO MULTI-WEEK TOP AGAINST USD The Japanese Yen (JPY) strengthens against the US Dollar (USD), pulling the USD/JPY pair below mid-154.00s. Investor expectations of further Bank of Japan (BoJ) rate hikes support the JPY. The narrowing US-Japan yield differential drives flows toward the
US DURABLE GOODS ORDERS SHRINK AT FASTEST PACE IN 6 MONTHS
The US Census Bureau shared data on durable goods orders for December. Orders for durable goods (long-lasting products) dropped more than expected. This was the biggest decline since June last year.
STOCKS ARE LITTLE CHANGED AS NVIDIA LOOKS TO REBOUND FROM AI ROUT
Stock market was mostly unchanged on Tuesday. Nvidia trying to recover after a big sell-off. Investors worried about new Chinese AI company, DeepSeek. Dow Jones stayed flat. S&P 500 went up slightly (0.1%). Nasdaq also rose a little (0.2%).
BOEING REPORTS BIGGEST ANNUAL LOSS IN 4 YEARS
Boeing lost $11.83 billion in 2024, its biggest loss since 2020. In the fourth quarter, it lost $3.86 billion, mainly due to problems in its defense programs. Boeing’s quarterly revenue dropped 31% to $15.24 billion, which was lower than expected. The company spent $14.3 billion
THE FIRST DECISIONS OF THE US FEDERAL RESERVE IN 2025: WILL THEY BE SHOCKING TO PRESIDENT TRUMP?
Big Decision Coming: The US Federal Reserve (Fed) will soon decide on interest rates, which will affect the US dollar and global financial markets. Trump’s Pressure: President Trump wants the Fed to cut interest rates quickly and significantly. Key Factors Affecting the Decision: Inflation: Inflation was 2.9% in
TREASURY YIELDS RISE AS INVESTORS LOOK TO FIRST FED MEETING OF THE YEAR
Treasury yields went up on Tuesday. Investors are waiting for the Federal Reserve’s first meeting of the year. The 10-year yield increased to 4.561%. The 2-year yield increased to 4.216%. Yields and bond prices move in opposite directions (when yields go up, bond prices go down).
MORGAN STANLEY CUTS UK ECONOMIC GROWTH FORECAST FOR 2025
Morgan Stanley lowered its forecast for UK economic growth in 2025 to 0.9% (previously 1.3%). The Bank of England has raised interest rates to a 16-year high (4.75%). High interest rates are slowing down the UK economy.
FED RATE DECISION PREVIEW: GRADUAL EASING AHEAD
FED RATE DECISION PREVIEW: GRADUAL EASING AHEAD The Fed cut rates by 100 basis points in late 2024, including a 25bps reduction in December. FOMC members expect a more gradual pace of easing, with only two rate cuts projected for 2025. Market expectations align with the Fed's projections,
US STOCKS EXTEND GAINS AS NVIDIA REBOUNDS
US STOCKS EXTEND GAINS AS NVIDIA REBOUNDS Nasdaq sees gains as Nvidia shares bounce back by 2.6%. The market re-evaluates concerns around DeepSeek, boosting Nvidia's recovery. Investor optimism grows around companies benefiting from cheaper AI, with Apple and Amazon showing strong performance. Boeing and RTX also see