The US dollar is strong against non-US currencies, but it is powerless against gold bulls! Non-farm prices are off the charts, and the market expects only one interest rate cut this year! Trump threatens military takeover of Greenland, Musk stirs up European politics... What stimulus markets did you miss this week?
On December 27, Gou Ping, a member of the Party Committee and deputy director of the State-owned Assets Supervision and Administration Commission of the State Council, said at the fourth special promotion meeting of the state-owned enterprise reform deepening and upgrading action in 2024 that the general implementation of the management personnel adjustment and incompetent exit system by the end of 2025 is a clear requirement for the reform deepening and upgrading action. The State-owned Assets ...
After Donald Trump won the US Presidential Election, traders rushed into risky asset ETFs, largely unmoved by the prospect of rising interest rates that threatened some of these strategies. Exchange traded funds focused on US equities recorded inflows of about $18 billion on Wednesday. That was almost 16 times the average daily inflow in 2024, according to data. The flows largely reflect the "Trump trade", a bet that the president-elect will loosen regulations on sectors such as banks and crypto...
A US judge has delayed the Biden administration's "blanket ban on non-compete agreements".
The spot Ethereum ETF has been rumored heavily, and traders are rushing to open positions.