Australian Dollar gives up recent gains as the US Dollar edges higher – FXStreet
The Australian dollar continues to rise despite strong economic data from China released on Friday. China's GDP grew by 5.4% year-on-year in the fourth quarter of 2024, after reporting a 4.6% expansion in the third quarter. U.S. retail sales rose 0.4% month-on-month in December, compared to expectations for a 0.6% increase. The Australian dollar (AUD) […]
Stock futures tick higher as traders await first of two key inflation readings this week: Live updates – CNBC
Traders work on the floor of the New York Stock Exchange on January 10, 2025 in New York City. new york stock exchange Stock futures rose on Tuesday after the producer price index, the first of two major inflation reports released this week, was lower than expected. futures tied to Dow Jones Industrial Average Increased […]
Pound Sterling retreats as higher UK gilt yields keep downside bias unabated – FXStreet
British pound falls The outlook remains weak as UK gold yields rise. Investors are awaiting December UK and US CPI figures to be released on Wednesday. The Fed is expected to cut interest rates only once this year. The British pound (GBP) resumed its decline in the European session on Tuesday due to a rise […]
Gold prices edge higher amid speculation over rates, Trump tariffs – Investing.com
Investing.com — Gold prices rose slightly in Asian trade on Tuesday, stabilizing after overnight losses as traders speculated on how tough trade tariffs President-elect Donald Trump plans will be. did. Markets are also awaiting further clues on US interest rates from key inflation data released this week, with the dollar hovering near a two-year high […]
Crypto Surging Higher Than Expected As Asset Class Now in ‘Fundamentally Different Game’: Investor Ryan Watkins – The Daily Hodl
A former research analyst at cryptocurrency intelligence firm Messari believes the digital asset market will remain high for a long time. Ryan Watkins, co-founder of digital asset investment firm Thinkocracy Capital, said: say He said on social media platform X that he believes crypto patterns such as four-year cycles and altcoin seasons are becoming a […]
Silver (XAG) Forecast: Will Higher CPI Deliver the Final Blow to Bulls? – FX Empire
The market currently expects the Fed's next interest rate cut to be in June at the earliest, marking a change from the previous forecast for spring easing. Stronger-than-expected CPI growth could further delay this timeline and strengthen the dollar, weighing on silver prices. Support for industrial and safe haven demand offers Silver's industrial role continues […]
Gold News: Trump Policy Risks Drive Prices Higher Despite Treasury Yield Spike – FX Empire
Will strong jobs numbers force the Fed to keep interest rates on hold? Nonfarm payrolls exceeded expectations in December, increasing by 256,000 compared to economists' expectations of 160,000. The unemployment rate fell to 4.1% and average hourly wages increased by 0.3%. This strong performance made it less likely that the Fed would cut rates immediately, […]
UK Says Trump Right to Demand Higher Military Spending From NATO
LONDON (AP) – Europe's security is “at risk” and President-elect Donald Trump is right to say NATO allies should increase military spending, Britain's top diplomat says. he said on Thursday. Foreign Secretary David Lammy said: “The post-Cold War peace is completely over.” “Donald Trump and J.D. Vance are exactly right when they say Europe needs […]
Trump Has Higher Favorable Rating than Disney
President-elect Donald Trump currently has a higher favorability rating than the Walt Disney Grooming Company. exclusive rasmussen report According to a Breitbart News poll, Disney Grooming Syndicate has a favorable rating of just 49 percent, with 43 percent viewing the company unfavorably. These are amazing numbers. Disney's favorability rating is +6, but President-elect Trump's +11 […]
Fed’s Waller sees cooler inflation despite higher forecasts
U.S. Federal Reserve President Christopher Waller responded to the central bank's forecast for rising prices and growing expectations among investors that the Fed may not cut rates significantly this year. , showed a redoubled stance on further interest rate cuts and curbing inflation. “We believe that inflation will continue to move toward our 2% target […]