- Wall Street index futures lose between 0.5% and 1%. The VIX volatility index is up 5%, in response to growing demand for risk hedging against a potential spike in volatility after the US session (Nvidia results).
- USDIDX dollar index futures are up 0.5%, with yields on 10-year U.S. Treasury bonds rising 3 basis points to 4.41% today; EURUSD lost more than 0.5% to 1.054.
- The Fed’s Michelle Bowman said the Fed should be more cautious in its easing policy as the effects of the fight against inflation slowly evaporate while it falls short of its target, and the rate of neutral interest in the US economy is now likely to be much higher than the 2% previously predicted.
- The Fed’s Lisa Cook’s comments also demonstrate some caution, as she made clear that further rate cuts would only be justified if the base case scenario (continued decline in inflation) plays out.
- We are seeing a sharp decline in semiconductor stocks. Susquehanna analysts downgraded Qualcomm to $210 from $230 previously, highlighting disappointment over the company’s recent press conference.
- Shares of Eli Lilly gain 3% (along with Novo Nordisk) after the WSJ reported on the activity of the company’s sales representatives, who are pitching private companies and U.S. unions on the benefits of subsidizing drug processing. GLP-1 obesity for employees.
- Natural gas contracts at Henry’s Crossroads (NATGAS) gain 8% today, supported by a change in the US weather forecast for late November/early December; NOAA forecasts indicate much lower temperatures than expected.
- Oil is trading 0.5% lower, with today’s EIA data showing a larger-than-expected rise in U.S. inventories.
-
Crude stocks: 0.545 million Brk (expected: -0.085 million Brk; previous: 2.089 million Brk)
Gasoline stocks: 2.054 million Brk (expected: +0.75 million Brk; previous: -4.407 million Brk)
Distillate stocks: -0.114 million barrels (expected: +0.4 million barrels; previous: -1.394 million barrels)
- Gold gains nearly 0.7% in response to growing political tensions and risks to the global economy going forward, which could be impacted by U.S. tariff policies.
- On the other hand, opinions on the subject are divided, with Goldman Sachs CEO Solomon indicating that Trump’s proposals are more likely to fuel economic growth. Silver, on the other hand, is trading lower, with palladium and platinum also losing ground
- Bitcoin corrects gains after hitting $95,500, and is currently trading at $94,000; Microstrategy shares are up 13%, and volume data shows record interest in the stock, with volumes traded in recent days approaching those of Microsoft and Nvidia. According to as-yet unconfirmed media reports, Trump’s team is planning to create the first-ever White House role related to cryptocurrencies.
-
Source : xStation5
Source: xStation5
“This content is a marketing communication within the meaning of Article 24(3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/ 92 /EC and Directive 2011/61 /EU (MiFID II) The marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No. 596/. 2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Directives 2003/124/EC, 2003/125 / EC and 2004/72 / EC of the Commission and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No. 596/2014 of the European Parliament and of the Council with regard to standards regulatory techniques relating to technical arrangements for the objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for the disclosure of special interests or indications of conflicts of interest or any other advice, including in the field of investment advice, within the meaning of article L321-1 of the Monetary and Financial Code. All information, analyzes and training provided are provided for informational purposes only and should not be interpreted as advice, a recommendation, a solicitation for investment or an invitation to buy or sell financial products. XTB cannot be held responsible for the use made of it and the resulting consequences, the final investor remaining the sole decision-maker regarding the position taken on their XTB trading account. Any use of the information mentioned, and in this regard any decision taken in relation to a possible purchase or sale of CFDs, is the exclusive responsibility of the final investor. It is strictly prohibited to reproduce or distribute all or part of this information for commercial or private purposes. Past performance is not necessarily indicative of future results, and anyone acting on such information does so entirely at their own risk. CFDs are complex instruments and carry a high risk of rapid loss of capital due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You need to make sure that you understand how CFDs work and that you can afford to take the likely risk of losing your money. With the Limited Risk Account, the risk of losses is limited to the capital invested.”
Canada
