Markets Price in 99% Chance of a Rate Cut Amid Treasury Yields Surge, as Election Day Looms
Treasury yields remain a crucial indicator for investors.
BTC$63,844.00+0.31%
ETH$1,674.64+0.03%
USDT$0.9994+0.07%
USDC$0.9998+0.03%
XRP$1.14+0.27%
SOL$67.49+1.11%
TRX$0.3164+1.33%
FIGR_HELOC$1.03+0.07%
DOGE$0.0874+0.97%
HYPE$58.20-1.22%
USDS$0.9997+0.00%
LEO$9.62+1.28%
RAIN$0.013-1.19%
ZEC$412.23-5.62%
XLM$0.1907-1.62%
BTC$63,844.00+0.31%
ETH$1,674.64+0.03%
USDT$0.9994+0.07%
USDC$0.9998+0.03%
XRP$1.14+0.27%
SOL$67.49+1.11%
TRX$0.3164+1.33%
FIGR_HELOC$1.03+0.07%
DOGE$0.0874+0.97%
HYPE$58.20-1.22%
USDS$0.9997+0.00%
LEO$9.62+1.28%
RAIN$0.013-1.19%
ZEC$412.23-5.62%
XLM$0.1907-1.62%
President-elect Donald Trump's announcement of potential tariffs on imports from Mexico, Canada, and China has caused a significant drop in General Motors' stock price.
Treasury yields remain a crucial indicator for investors.
The U.S. Justice Department is reportedly considering breaking up Google to address antitrust concerns.
Canada has announced a 100% surtax on China-made electric vehicles, effective October 1, 2024, impacting Tesla and other automakers.
The U.S. government has restricted AMD and Nvidia from exporting advanced AI chips to several Middle Eastern countries.
Live Nation stock plummeted after reports of the DOJ suing the firm over antitrust violations.
Both the Bank of England and the Federal Reserve held interest rates steady, with future cuts hinted at based on inflation progress.
Federal Reserve chair Jerome Powell is set to announce the bank's rate decision on Wednesday, with investors awaiting guidance on the monetary policy outlook ahead.
The December 2023 Consumer Price Index (CPI) reveals a mixed economic landscape, with a 0.3% monthly and 3.4% annual increase in consumer prices.
Inflation in the UK fell abruptly to 3.9% in November, the lowest since September 2021.
Equities, gold, and crypto markets all advanced on Thursday following the Fed's much-awaited dovish pivot.
New Fed minutes data is expected to include a "superficially hawkish rhetoric" that rate-hiking cycle may not be over. However, that's not what investors actually think.
New export controls have placed $5 billion worth of Nvidia's AI chip orders at risk, the WSJ reports.