Nasdaq Jumps 3% As AI Rally Continues
Indices were on the rise in yesterday’s session as the AI and Tech rally continued.
EUR/USD Ticks Up Within Range With Investors Awaiting US Data
EUR/USD posts mild gains on Tuesday's European session, trading near 1.1540 after bouncing from 1.1510 lows.
GBP/USD Price Holds Above 1.3100 As Markets Brace For UK Autumn Budget
The GBP/USD price stays positive above 1.3100, awaiting the UK budget.
Daily Market Outlook - Tuesday, Nov. 25
Tech stocks gave global markets a boost for the third consecutive day, fuelled by growing expectations of a Federal Reserve rate cut in December.
Two Trades To Watch: DAX, USD/JPY Forecast - Tuesday, Nov. 25
USD/JPY slips amid concerns about yen intervention and as expectations of a Fed December rate cut rise.
Fed Officials Hint At A December Rate Cut
According to CME FedWatch, the probability of a 25 bps cut at the December 9-10 meeting is estimated at about 79%.
Nvidia Stock Drops As Meta Considers Buying Google’s AI Chips
Nvidia fell 3.6% in premarket trading after reports that Meta may adopt Google’s TPUs, signaling growing competition in the AI chip market.
The Last Few Weeks Have Been Brutal
Rate cut, no rate cut…maybe a rate cut? Everyone watching their portfolios swing wildly while trying to figure out if this is the start of something worse or just noise.