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Futures rise, CPI this week, Bitcoin’s new record high

Futures rise, CPI this week, Bitcoin’s new record high

Investing.com – US stock futures rise, suggesting a possible extension to a rally in equities in the wake of Donald Trump’s election win last week. Key inflation data will highlight the economic calendar this week, with…

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No reason not to cut rates in Dec as of now, ECB’s Holzmann tells paper By Reuters

No reason not to cut rates in Dec as of now, ECB’s Holzmann tells paper By Reuters

VIENNA (Reuters) – As things currently stand, there is no reason for the European Central Bank not to cut interest rates in December but the decision will be based on the data available then, ECB…

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Both political parties want inflation lower By Reuters

Both political parties want inflation lower By Reuters

WASHINGTON (Reuters) -Minneapolis Federal Reserve President Neel Kashkari said he was not concerned about a potential clash between the Fed and President-elect Donald Trump because both major U.S. political parties want inflation lower. “I am…

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BOJ hopes to keep 2% inflation target while monitoring climate shock risks By Reuters

BOJ hopes to keep 2% inflation target while monitoring climate shock risks By Reuters

By Leika Kihara TOKYO (Reuters) – The Bank of Japan (BOJ) hopes to maintain its 2% inflation target even if climate change causes long-term shocks to future price developments, Governor Kazuo Ueda said on Saturday.…

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SNB policy outlook 2024/2025 as per UBS By Investing.com

SNB policy outlook 2024/2025 as per UBS By Investing.com

Investing.com — UBS economists expect the Swiss National Bank (SNB) to continue its easing cycle with two anticipated rate cuts in December 2024 and March 2025. These adjustments, expected to lower the policy rate from…

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S&P 500 cracks 6,000 mark as Trump win, easing Fed rally continues By Reuters

S&P 500 cracks 6,000 mark as Trump win, easing Fed rally continues By Reuters

By Chuck Mikolajczak NEW YORK (Reuters) -The breached the 6,000 mark and was poised for its biggest weekly percentage gain in a year, as Donald Trump’s election victory and a possible Republican Party sweep in…

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US, UK and Sweden pile on rate cuts By Reuters

US, UK and Sweden pile on rate cuts By Reuters

By Alun John and Dhara Ranasinghe LONDON (Reuters) – The United States, Britain and Sweden all cut interest rates this week, even as Donald Trump’s U.S. election win introduced a fresh element of uncertainty given…

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Brazil denies CNN report that upcoming spending cuts limited to $2.6 billion By Reuters

Brazil denies CNN report that upcoming spending cuts limited to $2.6 billion By Reuters

SAO PAULO/BRASILIA (Reuters) -Brazil’s government denied on Thursday a report by CNN Brasil saying its highly anticipated package to rein in mandatory expenses would involve cuts of up to just 15 billion reais ($2.6 billion),…

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China’s Xi urges US to ‘get along’ as he congratulates Trump By Reuters

China’s Xi urges US to ‘get along’ as he congratulates Trump By Reuters

By Liz Lee, Farah Master and Ryan Woo BEIJING/HONG KONG (Reuters) -China’s President Xi Jinping congratulated Donald Trump on his U.S. presidential win and urged both nations to find the “right way to get along”,…

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Fed to be cautious following Trump victory, Nomura says in hawkish shift By Investing.com

Fed to be cautious following Trump victory, Nomura says in hawkish shift By Investing.com

investing.com — The political dust hasn’t even settled since Donald Trump’s decisive victory, but some on Wall Street are already reining in their forecasts for rate cuts, expecting a more cautious Federal Reserve. Nomura said…

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