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Financial

Will A Solid US Jobs Report Dampen Expectation For A Fed Cut This Month?

December 6, 2024 - by - Leave a Comment

Image Source:   Overview: There are two broad developments in the G10 currencies ahead of the US jobs report. The euro, Swiss franc, sterling, Swedish krona, and the Canadian dollar are in …

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Financial

Europe Sinks Into Crisis

December 6, 2024 - by - Leave a Comment

Europe’s economic situation is a matter of growing concern. Once a symbol of prosperity and cooperation, the European Union is now weakened by major economic and energy challenges. The continent’s …

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Financial

The Dark Side Of The European ETF Industry

December 6, 2024 - by - Leave a Comment

Within the current market environment in the European ETF industry where the estimated net inflows are at a record high level and assets under management (AUM) are moving from one …

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Financial

Bitcoin Sets New ATH Above $104,000, Yet Investors Don’t Want To Sell

December 6, 2024 - by - Leave a Comment

Bitcoin has set a new all-time high (ATH) beyond the $104,000 mark during the past day, but on-chain data shows investors are still unwilling to sell.  Bitcoin Exchange Netflow Has …

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Financial

100k Bitcoin

December 6, 2024 - by - Leave a Comment

Turn on CNBC, and you will notice a bright green box permanently affixed to the bottom right corner with the ever-changing price of Bitcoin. Bitcoin is all the rage as …

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Financial

Gold Prices React To Fed Policy And Global Tensions: Key Insights For Traders

December 6, 2024 - by - Leave a Comment

Image Source:   The Federal Reserve’s indication of a potential pause in its rate-cutting cycle has impacted gold prices. This has resulted in gold dropping to a one-week low. Higher interest …

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Financial

OPEC+ Countries Postponed Production Cuts Until Spring

December 6, 2024 - by - Leave a Comment

Image Source:   The Dow Jones Industrial Average (US30) was down 0.55% at Thursday’s close, the S&P500 Index (US500) decreased by 0.19%, and the Nasdaq Technology Index (US100) fell by 0.31%. …

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Financial

Daily Market Outlook – Friday, Dec. 6

December 6, 2024 - by - Leave a Comment

Image Source:   Risk in Asia declined on Friday amid renewed political tensions in South Korea, causing unease among investors ahead of the crucial U.S. nonfarm payrolls report, which could affect …

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Financial

Gold Prices Dip But Remain Supported By Fed Rate Cut Expectations

December 6, 2024 - by - Leave a Comment

Image Source:   Gold prices dipped below 2,620.00 USD per troy ounce on Friday, marking a second consecutive session of decline. The value of the precious metal continues to be influenced …

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Financial

XAUUSD Poised For 2nd Straight Weekly Decline?

December 6, 2024 - by - Leave a Comment

Global Drivers: Conflicts and economic fears boosted demand China’s Role: Central bank, consumers led gold buying spree Fed Policy Impact: Rate cuts, labor data influence gold prices Potential trading range: 2,588.29-2,701.02 (73.4% probability), Bloomberg …

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