💵 💴 💶25 Basis Point Cut, But Signals of Less Easing for 2025💴 💶 The U.S. Federal Reserve (Fed) is expected to lower interest rates by another 25 basis points on December 18, moving policy closer to a neutral stance from a restrictive zone. However, given persistently high inflation and President-elect Trump’s focus on boosting […]
💵 💴 💶Oil Prices💴 💶 Oil prices surged as the European Union approved a new sanctions package that threatens Russian oil flows and could tighten global crude oil supply. Brent crude oil futures rose by 1.94% to $73.59 per barrel, while U.S. West Texas Intermediate crude oil futures climbed by 2.57% to $70.35 per barrel. […]
💵 💴 💶GLOBAL MARKETS💴 💶 Asian markets and the USD paused ahead of the anticipated rate cut in Canada and today’s U.S. inflation data release. The U.S. CPI data will be announced at 16:30 Turkish time. Core inflation in the U.S. is expected to remain at 3.3% in November. The likelihood of a rate cut […]
💵 💴 💶SEC Vote: A Critical Week for the Crypto World💴 💶 The United States Department of the Treasury has officially recognized Bitcoin as “digital gold,” highlighting its primary role as a store of value. Alongside this acknowledgment, the Treasury noted that the rising adoption of stablecoins has increased demand for Treasury bonds. The Treasury’s […]
💵 💴 💶U.S. Treasury Recognizes Bitcoin as ‘Digital Gold’💴 💶 The United States Department of the Treasury has officially recognized Bitcoin as “digital gold,” highlighting its primary role as a store of value. Alongside this acknowledgment, the Treasury noted that the rising adoption of stablecoins has increased demand for Treasury bonds. The Treasury’s report emphasizes […]
💵 💴 💶US Stock Markets Slow Down Ahead of Employment Report💴 💶 US stock markets closed lower, pressured by UnitedHealth and technology stocks, as investors awaited Friday’s employment data. Short-term Treasury yields declined. Gold prices dropped, while the dollar weakened against major currencies. Oil prices edged lower as investors balanced strong supply outlooks with OPEC+’s […]
💵 💴 💶BTC Finally Reaches $100,000💴 💶 Bitcoin’s $100,000 mark has been one of the most anticipated milestones within the crypto community. For most traders and investors, it was always a question of “when,” not “if.” The asset has been experiencing a significant bull run since Donald Trump’s election victory and has finally reached this […]
💵 💴 💶Fed Pricing in Rate Cuts💴 💶 Markets are pricing in a 72% probability that the Fed will cut interest rates by 25 basis points this month. By the end of next year, a total of 80 basis points in rate cuts are anticipated. Fed officials have expressed confidence in their statements that inflation […]
💵 💴 💶US Markets Start December 2024 with Record Highs💴 💶 US markets, including Nasdaq and S&P 500, rose sharply due to strong performances from tech stocks. Investors are awaiting a week packed with key economic data, including critical unemployment figures to be released on Friday. Indices have shown positive momentum as Treasury yields slightly […]
💵 💴 💶XRP Surpasses Solana and USDT: A Remarkable Comeback After 7 Years💴 💶 Ripple, which faced a challenging period after a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) four years ago, has managed to overcome this difficult phase and has made a stunning comeback. The cryptocurrency issued by the company, XRP, […]
