{ }
Gold prices face potential decline below the $2,600 mark amid unease following the Fed's recent interest rate cut to 4.25-4.50%. Investor sentiment is dampened by uncertainty surrounding upcoming Trump policies and inflation trends, particularly as the PCE deflator data is anticipated. The market remains cautious as many investors have begun their holiday breaks.
IG
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.
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.
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 Parliamentary Commission of Inquiry's report on Credit Suisse's downfall highlights years of mismanagement, scandals, and a lack of compliance with regulatory authorities, leading to a crisis that necessitated an emergency merger with UBS. The report criticizes the "too big to fail" legislation for being overly lenient and calls for improved cooperation among authorities and better risk management. It also emphasizes the need for lessons to be learned, as Switzerland now has only one globally systemically important bank.
Solana's ecosystem achieved a record $92 million in monthly revenue in November, with decentralized applications (dApps) generating $365 million, primarily from DeFi, which accounted for 83.7% of the total. Notably, Pumpfun led the dApps with $106 million, driven by memecoin interest. Despite this revenue surge, Solana's price has declined by 14.2% in the past week, potentially linked to an upcoming token unlock in March.
XRP, Ethereum, and Solana are experiencing significant declines, with Ethereum down 13% and Solana 18%. The crypto market is reacting to the Federal Reserve's indication that interest rate cuts will slow in 2025, leading to a 7.3% drop in Bitcoin to $94,662. As the holiday season approaches, reduced liquidity may increase volatility in the market, which currently holds a total value of about $3.5 trillion.
Bitcoin experienced an 8% drop following a Federal Reserve rate cut, briefly testing liquidity levels before rebounding above $98,000. A significant transfer of 72,000 BTC by a whale, including 8,000 BTC aged 5-7 years, has sparked speculation about a market top or a shift towards altcoins. Analysts are closely watching key price levels, particularly $103,600 and $100,000, to determine Bitcoin's short-term trajectory amidst this volatility.
The Swiss National Bank (SNB) has acknowledged receipt of the Parliamentary Commission of Inquiry's report on the Credit Suisse collapse and its merger with UBS, promising a thorough analysis. The bank reaffirmed its commitment to enhancing regulatory measures in Switzerland and its active role in national and international regulatory discussions.
Bitcoin recently hit a new all-time high of over $108,000 but has since dropped to $94,500 following comments from Federal Reserve Chair Jerome Powell about interest rates. This has sparked debate in the crypto community over whether this decline is a normal correction or signals the end of the bull market. Analysts emphasize the importance of the $94,000 support level, with potential consequences for BTC's price trajectory if it fails to hold.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

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.