Daily Market Outlook - Monday, Dec. 8
Global markets climbed on Monday as investors geared up for a busy week of central bank meetings, with the Federal Reserve widely anticipated to cut interest rates.
Canadian Dollar Hits 2‑Month High
The Canadian dollar strengthened above 1.39 per USD, reaching a two‑month high, supported by strong labor market data and US dollar weakness.
A Make Or Break FOMC…
The short-to-intermediate term picture dramatically improved over the past two weeks due to the shift in Fed communications, which raised the odds of a Dec cut to roughly 90%.
German Industrial Production Shows Tentative Signs Of Bottoming Out
The second consecutive monthly increase suggests that industrial production has finally reached a period of bottoming out.
Gold Forex Signal: Continues To See Buyers
Gold prices remain in a strong uptrend, with buyers stepping in on dips and momentum targeting $4,400–$4,500, backed by central bank demand and technical strength above $4,200 support.
Bitcoin Recovery Stalls Below $93k: Will It Rally Higher Soon?
The cryptocurrency market has opened the new weekly candle bullish, with Bitcoin and other major coins and tokens currently in the green.
Americans Can’t Even Afford Car Insurance Anymore…
The most important funding system in the world is flashing warning signals. Most people won't notice until it's too late.
Sensex Today Trades Lower; IndiGo Down 4%
Indian share markets are trading lower today, with the Sensex trading 197 points lower, and the Nifty is trading 61 points lower.
