Investing.com – The Federal Reserve is all but certain to deliver what would be its third straight rate cut, futures are edging higher, and Honda and Nissan are reportedly exploring a merger. 1. Fed set to deliver rate cut The Federal Reserve concludes its final policy meeting of the year later Wednesday, with a 25-basis
Investing.com — UBS strategists expect to build on its gains heading into 2025. The bullion has remained steady around $2,650/oz this week, constrained by the strength of the US dollar, rising US Treasury yields, and improved risk appetite for US equities. Gold rose 28% since the start of the year, outperforming the equity index. In
Investing.com– Bitcoin slipped on Wednesday after a three-day winning streak and a record high, as the digital currency saw profit-taking ahead of a Federal Reserve interest rate decision. fell 2.4% to $103,688.0 by 01:13 ET (06:13 GMT), after breaching the $108,000 level a day earlier. The largest cryptocurrency reached an all-time high of $108,244 for
Investing.com– Most Asian stocks rose on Wednesday after a report suggested that China will target increased fiscal spending in the coming year, although caution before a Federal Reserve rate decision limited gains. Regional markets took middling cues from a weak overnight session on Wall Street, as the fell from record highs and as the logged
Investing.com– The Dow closed lower for the ninth day on Tuesday, suffering its longest losing streak since 1978 as the Federal Reserve kicked off its last meeting of the year. At 4:00 p.m. ET (21:00 GMT), the fell 266 points, or 0.6%, the index fell 0.4%, and the slipped 0.3%. Retail sales surprise to upside as
Investing.com — Bank of America’s Global Fund Manager Survey (FMS) for December signals a potential “sell” moment for risk assets, with cash levels falling to a three-year low and investor sentiment turning sharply bullish. The report notes that the average cash allocation among fund managers has dropped to 3.9% of assets under management (AUM), triggering
Investing.com — Bank of America strategists expect the Federal Reserve to cut the target range for the fed funds rate by 25 basis points to 4.25%-4.5% at its December meeting. With markets already pricing in nearly a full rate cut, attention will likely focus on the Fed’s communication regarding its future policy direction. BofA expects
Investing.com — The is more likely to drop below 5500 or rise above 7100 than remain within the range of consensus forecast in 2025, according to BCA Research. The firm believes that the range of forecast for the equity index is “too narrow.” The range of predictions for 2025 across sell-side strategist targets cluster around
Investing.com — Wedbush forecasts a 25% surge in technology stocks in 2025, driven by the continuing AI boom. The investment bank predicts AI-related capital expenditure (capex) will exceed $2 trillion over the next three years. According to Wedbush, three key factors will drive the tech industry’s growth. Firstly, the firm anticipates major AI initiatives from
Investing.com — Net positioning on the remains firmly bullish but showed a slight decline over the past week due to negative flows, according to Citigroup (NYSE:) strategists. “The large gap in net positioning on US vs European markets persists but began to narrow after reversals in flows on both sides of the pond,” strategists led
