German business sentiment deteriorated more than expected in December, as companies grappled with geopolitical uncertainty, industrial stagnation, and broader economic headwinds in Europe’s largest economy. Ifo Business Climate Index Falls The Ifo Institute’s business climate index fell to 84.7 in December, down from a downwardly revised 85.6 in November. This …

Oil prices edged lower on Tuesday as renewed demand concerns in China weighed on sentiment, while investors adopted a cautious stance ahead of the U.S. Federal Reserve’s final policy decision of the year. West Texas Intermediate (WTI) crude fell 11 cents to $70.60 a barrel (as of 0802 GMT). Brent …

The Bank of Japan (BOJ) is set to conclude its final two-day meeting of the year on Thursday, with analysts and markets closely watching whether the central bank will raise interest rates or maintain its cautious stance. The decision comes against the backdrop of slowing economic momentum and increasing political …

Bitcoin extended its recent rally on Tuesday, briefly reaching a fresh all-time high as investor sentiment remained buoyed by hopes of pro-crypto policies under incoming U.S. President Donald Trump. The surge comes as Trump floated the idea of establishing a Strategic Bitcoin Reserve—a move that has sparked both enthusiasm and …

The U.S. dollar remained near a three-week peak against major currencies on Monday as financial markets braced for a busy week of central bank policy meetings. Investors are closely watching the Federal Reserve, which is widely expected to lower interest rates while signaling a gradual approach to further easing throughout …

U.S. stocks saw modest gains on Monday, with trading activity subdued as investors awaited the Federal Reserve’s final policy meeting of the year. By 06:10 ET (11:10 GMT), Dow Jones Futures rose 50 points (0.1%), S&P 500 Futures added 8 points (0.1%), and Nasdaq 100 Futures climbed 55 points (0.3%). …

Europe’s labour market softened in the third quarter, with data on Monday indicating a decline in inflationary pressures, potentially paving the way for further interest rate cuts. Labour cost growth in the eurozone slowed to 4.6% in Q3, down from 5.2% in the previous quarter, according to Eurostat. Meanwhile, the …

Bitcoin surged to an unprecedented high above $106,000 on Monday, fueled by optimism surrounding a potentially favorable regulatory environment under President-elect Donald Trump. His comments about creating a U.S. strategic bitcoin reserve—akin to the nation’s oil reserves—further bolstered market enthusiasm for cryptocurrencies. Key Highlights: Bitcoin Price Surge: Bitcoin reached a …

Oil futures eased slightly on Monday after reaching their highest levels in weeks, as traders booked profits ahead of the Federal Reserve’s final policy meeting of the year. Despite the decline, prices remain supported by fears of supply disruptions linked to potential U.S. sanctions on major oil exporters like Russia …

Gold prices remained relatively flat during Asian trading on Monday as investors tread cautiously ahead of the Federal Reserve’s final policy meeting for 2024. A stronger dollar and mixed signals on U.S. interest rate expectations added pressure to the precious metal, while industrial metals, such as copper, faced headwinds from …