Month: December 2023

ECB Vice-President Luis de Guindos acknowledged the recent slowdown in CPI, which eased to 2.4% last month, describing it as “a positive surprise.” However, he cautioned that it was “too early to declare victory.” De Read more…

Tesla  (TSLA) – Get Free Report shares edged lower Monday after the carmaker posted the biggest slump in China sales in nearly a year. It faces intensifying competition in the world’s biggest EV market while looking Read more…

Summary We look for the FOMC to keep rates on hold at its December 13 meeting, an expectation that is universally shared. If realized, the third consecutive hold would suggest that, rather than the FOMC Read more…

BoC meets on Wednesday; it could maintain its hawkish stance Market is preparing for a series of rate cuts in 2024 Loonie’s outperformance against the US dollar could pick up speed Last Bank of Canada Read more…

On Friday and Monday, we saw legendary moves in gold. On Friday evening, the price rose to $2075 on the background of risk appetite with reduced liquidity in the instrument. On Monday, the price of Read more…

Gold spiked to new record high above $2100 in early Monday, in reaction to the comments from Fed Chair Powell on Friday, who said that current level of interest rates is sufficient to complete the Read more…

The next couple of weeks could be massive for financial markets going into 2024, with a range of data from the US in the coming days setting us up nicely for the Fed meeting on Read more…

AUD/USD lower on Monday RBA likely to maintain rates on Tuesday The Australian dollar has started the week in negative territory. In the European session, AUD/USD is trading at 0.6648, down 0.40%. The Australian dollar Read more…

December begins extremely optimistically for the cryptocurrency market, resembling: → December 2020, when bitcoin grew by 46.9%; → December 2017, when bitcoin grew by 38.9%; → December 2016, when bitcoin grew by 30.8%. If there Read more…