According to Vanda Research, Nvidia shares attracted record investments of almost $30 billion in 2024. This has made them the most popular among private investors. As of the end of December, Nvidia shares are on track to overtake the popularity of Tesla shares, which were the leaders in 2023. «Nvidia kind of stole the show…
Recent media reports have raised concerns about potential intervention by the Bank of Japan due to a significant weakening of the national currency, which has declined by approximately 13% since October. Many banks and investment firms view this as a likely scenario ahead of the Japanese central bank’s meeting in January. Let’s analyze this situation…
Russian Finance Minister Anton Siluanov said that Russian companies have started using bitcoin and other cryptocurrencies in international settlements. This was made possible by changes in legislation aimed at circumventing Western sanctions. Economic restrictions have made it difficult to trade with key partners such as China and Turkey, as local banks avoid transactions with Russia…
The upper levels can’t, and the lower levels won’t? Speculators have increased their oil purchases at the fastest pace since September 2023, driven by expectations that new sanctions against Russia and Iran will tighten supply, while China’s stimulus measures will boost demand. However, Brent crude oil prices remain stubbornly stagnant, neither rising nor dropping significantly….
The brief rally for the EUR/USD currency pair didn’t last long. A slowdown in the Personal Consumption Expenditures (PCE) index—an inflation gauge preferred by the Federal Reserve—to 0.1% month-over-month in November, along with statements from FOMC officials indicating that monetary easing would continue into 2025, seemed to trigger a corrective response for the main currency…
US stocks rally after weak trading After two straight losing sessions, US stocks ended the week on a positive note, as encouraging inflation data and comments from Federal Reserve officials eased investor concerns about future interest rate moves. Inflation is slowing: Key data The published Personal Consumer Expenditure (PCE) index, one of the main indicators…
The main events by the morning: December 20 Source link
At the last meeting, the Fed, as expected, cut the rate by 0.25%. This decision was taken into account by the markets in advance, but the revised forecasts for rates caused a sharp reaction in the financial markets. Fed Chairman Jerome Powell said that in 2024, only two rate cuts are expected instead of the…
The EUR/USD pair plunged to 1.0351 with a single-session fall of 1.32%. The instrument recorded its lowest close in two years. This slump was triggered by unexpectedly hawkish statements from the Federal Reserve, which made it clear that no rate cuts are anticipated in January. According to the updated FOMC forecasts, only two rate cuts…
OPEC+ expresses concern about a possible increase in oil production in the United States after Donald Trump returns to the White House. The expansion of U.S. supplies could undermine the alliance’s efforts to maintain prices and reduce its market share. OPEC+, which produces about half of the world’s oil, recently extended production restrictions until the…