The US stock market experienced a decline in the holiday-shortened week, with the S&P 500 and Nasdaq Composite declining by 1.1% and 1.5% respectively largely due to the performance of the communication services and information technology sectors. However, US Treasury yields have continued to rise, surpassing the 4.6% mark, largely …

Gold prices continued their downward trajectory today, weighed down by persistently strong US interest rates. This decline brings the market closer to a critical support level – a key trend line – whose breach could signal further weakness. The precious metal is trading at 2,620.95, down -0.45% on the day.Technical …

The US Dollar Index (DXY) continues to display remarkable strength as the year draws to a close, trading near 108.00 despite the holiday-thinned market. While muted trading activity and cautious market sentiment have limited volatility, the dollar remains firmly bid. This resilience reflects a confluence of factors, from the robust …

The Dow Jones Industrial Average (DJIA) experienced a significant decline on Friday, shedding nearly 400 points. This downturn occurred amidst thin holiday trading volumes, with many investors remaining on the sidelines. The broader market also cooled, particularly in the technology sector, as investors engaged in some profit-taking ahead of the …

The EUR/USD currency pair recently displayed a modest rebound, inching towards 1.0430 after a period of decline. While this provides some respite, the pair remains below the crucial 20-day SMA, indicating a persistent downtrend. A sustained break above this SMA would be necessary to signal a potential shift in market …

Bitcoin (BTC) experienced a remarkable surge in 2024, reaching a new all-time high of $108,353 in mid-December, representing a 140% price increase. This milestone, surpassing $2 trillion in market capitalization, marked a significant turning point for Bitcoin and the broader cryptocurrency market. As for its daily performance; Bitcoin is -3.7% …

Cautiously Optimistic Outlook for 2025: Navigating Interest Rates and InflationThe US economy defied recession predictions in 2024, demonstrating robust growth, moderating inflation, and improved efficiency. While a “soft landing” remains the prevailing expectation, several key factors will shape the economic landscape in 2025.Evolving Role of the Federal ReserveThe Federal Reserve’s …

Gold prices are holding steady above $2,630 per ounce as the US Dollar maintains its strength. The Federal Reserve has signaled a slower pace of interest rate cuts next year, reducing upward pressure on Gold. This, coupled with the recent rise in US Treasury yields, is weighing on the precious …

Turkey’s central bank recently made a significant policy shift, cutting its key interest rate by 2.5 percentage points to 47.5%. This marks the first rate cut in nearly two years, a move that has raised eyebrows among economists given the country’s ongoing struggle with high inflation. The bank’s decision was …

Financial markets are poised for a challenging 2025, navigating corporate transformations, geopolitical uncertainties, and economic resilience. Key factors like government policies, market dynamics, and global events will significantly impact major sectors including oil, gold, the US dollar, and cryptocurrencies.The US election outcome could trigger a long-term economic upswing, driven by …