Risk appetite rose, USD up, gold fluctuated, focus on geopolitics and initial claims.
On Wednesday, due to the Christmas holiday, trading of precious metals, US oil, foreign exchange, stock index futures contracts under CME, as well as Brent crude oil futures contracts under ICE, were suspended for the whole day.
CWG Markets
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20h 9min ago
On Wednesday, due to the Christmas holiday, trading of precious metals, US oil, foreign exchange, stock index futures contracts under CME, as well as Brent crude oil futures contracts under ICE, were suspended for the whole day.
On Thursday (December 26th Beijing time), due to the Christmas holiday, the market trading was light. The Nikkei index closed higher on Wednesday after recovering from its initial decline, driven by the rise in the automotive sector. However, trading was mainly dominated by retail investors who repurchased low-priced stocks in many global markets due to holiday closures. The Nikkei index closed up 0.24% at 39130.43 points.
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Markets in Flux: Fed Signals, Geopolitical Tensions, and Oil Gains
The Dollar Index held steady amid subdued holiday trading but maintained a positive trajectory, reflecting hawkish sentiment from the Federal Reserve. Fed officials signaled potential policy tightening in 2025, supported by a resilient economic recovery, keeping investors focused on upcoming US economic indicators for further direction.
PU Prime
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1 day ago
ATFX Economic Calendar- 2024.12.23~2024.12.27
The ATFX Weekly Economic Calendar is a comprehensive resource designed to help traders and investors stay ahead of market-moving events. It outlines key economic data releases, central bank meetings, speeches, and geopolitical events for the week. This calendar provides a strategic tool for navigating global markets, offering insights into potential volatility triggers across multiple asset
ATFX
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1 day ago
ATFX Market Outlook 23rd December 2024
U.S. consumer spending is expected to remain steady for November, while the core PCE price index posted its smallest month-on-month increase this week. Last Friday, U.S. stocks experienced a sharp rise after two days of sluggishness amid lower-than-expected inflation data, and calming remarks from Federal Reserve officials alleviated market concerns about interest rate hikes.
ATFX
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1 day ago
Inflation has risen less than expected, the US dollar fell significantly last Friday The gold prices rebounded by nearly $30
Last Friday, due to the cooling of the Federal Reserve's favorite inflation indicator, which warmed expectations of interest rate cuts
CWG Markets
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1 day ago
Merry Christmas, Everyone! Markets Stay Subdued Amid Holiday Cheer
The Dollar Index remained flat as markets slowed down for Christmas, with limited economic data revealing continued contraction in the US manufacturing sector. Gold prices stayed stagnant during thin holiday trading, weighed down by the Fed's cautious stance on reducing borrowing costs, keeping a bearish tone in the market.
PU Prime
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1 day ago
2025 Outlook: What is Next for Developed Economies and Currencies?
As the door closes in 2024, and while the year feels like it has passed in the blink of an eye, a lot has happened. If I had to summarise it all in four words, it would be: ‘a year of surprises’.
FP Markets
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2 days ago
Interest rate bets in focus amid holiday-shortened week
Dollar rebounds on hawkish Fed outlook - Divergence with ECB bets weighs on euro/dollar - Aussie suffers on RBA shift, China concerns - Yen hovers near five-month low on BoJ disappointment
XM Group
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2 days ago
Daily Global Market Update
Gold, Euro, and Pound declined against the dollar, with negative technical signals. Bitcoin experienced mixed signals, with a slight drop despite an initial gain. US stocks rose on holiday-thin trading, buoyed by the funding bill and tech gains, particularly Apple. MicroStrategy continued its Bitcoin buying spree.
Moneta Markets
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2 days ago