Next Week Macro Outlook: Fed Minutes to Reveal Rate Cut Clues for Next Year
BlockBeats News, December 27th - Last week, despite the Christmas holiday in the peripheral market, the prices of gold, silver, and platinum all soared to historic highs, continuing the precious metals' historic year-end rally. Driven by safe-haven sentiment and rate cut expectations, spot gold continued to hit new all-time highs, with the highest nearing $4550 per ounce on Friday, up over 70% for the year. Silver's performance was even more fierce, consistently breaking through key levels and setting new records, with the highest point on Friday exceeding $79 per ounce, skyrocketing over 10% in a single day.
At 03:00 on Tuesday, the Federal Reserve released the minutes of its monetary policy meeting;
At 21:30 on Wednesday, the US reported initial jobless claims for the week ending December 27th;
At 22:45 on Friday, the final value of the US December S&P Global Manufacturing PMI.
Investors are looking forward to the US stock market ending 2025 on a strong note next week, closing out another robust year. Major US stock indices are expected to finish higher in December, after the market shrugged off earlier volatility this month due to weakness in the tech sector, driven by concerns over spending in the field of artificial intelligence.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The United States is planning to promote dollar stablecoins overseas in an effort to strengthen its position as a reserve currency.
According to sources, the Trump administration is considering an initiative to promote US dollar-pegged stablecoins abroad in order to strengthen the dollar’s position as a global reserve asset.
Kratos Defense EVP, CFO Deanna H. Lund sells USD 341,999.11 in common shares
The US Treasury repurchases $6 billion in ultra-long-term bonds: three times the amount planned for early August, with the 30-year yield still reaching its highest level since 2007.
The United States will repurchase up to $6 billion worth of long-term government bonds.
Warning of AI credit risk, Moody's: The off-balance sheet commitments of the five major US giants have increased eightfold in three years, soaring to $2.8 trillion.
According to a report by Moody’s Ratings, the five companies Amazon, Microsoft, Google, Meta, and Oracle collectively bear about $2.8 trillion in off-balance-sheet obligations related to AI. Among these, lease commitments exceed $1 trillion, purchase commitments total $1.57 trillion, and guarantees amount to $137 billion. This figure represents explosive growth compared to $350 billion in 2023. Moody’s analysts noted that the pace of growth for these commitments is even more noteworthy.
Crypto prices
More
