{ }
In November 2024, risk assets rebounded, with positive returns across various hedge fund strategies, particularly in Equity Hedged and Relative Value sectors. Macro and discretionary trading strategies also performed well, driven by favorable positions in rates and commodities, despite some mixed results in energy and metals. Overall, the market showed a constructive outlook following the US election, with significant performance dispersion among managers.
XRP's recent price fluctuations have been influenced by a 15% drop following a U.S. SEC appeal against Ripple Labs, creating uncertainty among investors. Despite this, analysts remain optimistic, predicting potential price surges due to increased adoption, including Wells Fargo's integration of XRP for payments and successful oil trades between India and UAE using the XRP Ledger. The cryptocurrency's utility in cross-border transactions positions it for significant future growth, with some forecasts suggesting it could reach values as high as $1,000 in the coming years.
US Bitcoin ETFs have faced their largest outflow since their inception, with $671.9 million withdrawn, breaking a 15-day streak of inflows. This significant outflow marks a notable shift in investor sentiment towards Bitcoin ETFs.
Investors are optimistic about the U.S. stock market's prospects for 2025, anticipating strong corporate profit growth and a solid economy, despite concerns over persistent inflation and potential tariffs under President Trump. The S&P 500 is projected to rise 14%, with year-end targets ranging from 6,000 to 7,000, as the current bull market shows room for further gains. However, elevated valuations and inflation risks could lead to market volatility.
Political turmoil in Washington is driving stocks toward their worst weekly performance of the year. Investors are reacting to the uncertainty, which has heightened concerns about market stability and economic outlook. The situation continues to evolve, impacting investor sentiment significantly.
Investors are hoping for a "Santa Claus Rally" as December shows disappointing returns, despite a strong overall performance in 2024. The S&P 500 is up over 23% for the year, but rising Treasury yields and a lack of broad market strength raise concerns about future gains. With eight of the eleven sectors in negative territory, analysts suggest caution before buying into the market.
A commission of inquiry has found Credit Suisse's Board and management responsible for the bank's loss of confidence, while criticizing the Swiss banking regulator, Finma, for its "partial inefficiency." The report highlights Finma's failure to act decisively despite numerous warnings and calls for stricter regulations for systemically important banks. The merger with UBS raises concerns about the future stability of Switzerland's banking sector.
The FTSE 100 has dropped over 3% this week, facing significant risk aversion due to U.S. Federal Reserve rhetoric, potential government shutdown, and tariff threats from Donald Trump. The index is testing a crucial support level at 8,000 points, with a favorable risk/reward ratio for potential buying, while a break below this level could signal a bearish outlook for the market.
IG
The crypto market is experiencing volatility, with Ripple's XRP recently surging above $2.70 before facing rejection, while analysts predict potential growth to $5.85. Meanwhile, the DTX Exchange has gained traction, hitting an all-time high and raising over $10.4 million in its presale, positioning itself as a significant player in the crypto space.
A parliamentary investigation has concluded that Credit Suisse is responsible for its collapse in spring 2023, citing significant financial losses of 33.7 billion francs over twelve years while paying out 39.8 billion francs in bonuses. The report criticized the Financial Market Authority for ineffective supervision and called for clearer regulations for systemically important banks. Following its difficulties, Credit Suisse was sold to UBS in an emergency sale, averting fears of a global financial crisis.

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.