TOP 5 STOCKS TO CONSIDER FOR 2025 AMID LOWER RETURNS AND HIGHER UNCERTAINTY US stocks had strong performance in 2024 but face increasing uncertainty for 2025. Analysts predict moderating returns and higher volatility in the upcoming year. Goldman Sachs forecasts the S&P 500 to rise 9.6%, closing
French stocks performed poorly in 2024 compared to other major markets. They ended the year with losses, unlike most European and US markets, which saw strong double-digit growth. Political upheaval in France contributed to this underperformance.
Mary Daly, President of the Federal Reserve Bank of San Francisco, said cryptocurrencies are not the same as gold. She highlighted that people often compare cryptocurrencies and gold, but they are different. Daly emphasized the need to clearly understand and define cryptocurrencies based on their actual use and value. She
US DOLLAR TO REMAIN STRONG IN 2024 AND 2025: TRUMP FACTOR AND FEDERAL RESERVE POLICIES SUPPORTING GAINS The US Dollar (USD) is expected to see steady gains in 2024. The potential return of Donald Trump as president in 2025 is boosting investor confidence in a strong USD. The Federal Reserve
SINGAPORE’S ECONOMY TO BEAT 2024 FORECAST, PM WONG SAYS Singapore’s economy outperformed expectations in 2024. The country’s GDP grew by 4%, surpassing the November forecast of 3.5%. The strong performance sets a solid base to navigate a more challenging global environment in the coming year. Prime
HONG KONG EXPORTS AND IMPORTS MISS EXPECTATIONS Actual export growth was 2.1%, below the forecast of 4.1% and previous 3.5%. Actual import growth was 5.7%, exceeding the forecast of 4.9% and previous 4.5%.
OIL PRICES DIP IN THIN TRADE, INVESTORS FOCUS ON CHINA AND U.S. ECONOMIC DATA Oil prices declined on Monday in light holiday trade. Trading volumes were lower as the year-end approaches. Traders are waiting for economic data from China and the U.S. later this week. The data will
CHICAGO PMI HITS 6-MONTH LOW The Chicago PMI for December dropped to 36.9. This is the lowest level in 6 months. The reading was worse than expected, which was 42.7. November’s reading was 40.2.
BITCOIN PRICE ANNUAL FORECAST: 2025 OUTLOOK BRIGHTENS WITH US PRO-CRYPTO POLICY Bitcoin's price rose more than 140% in 2024, reaching $100K in early December. Launch of Bitcoin Spot ETFs and reduced supply following the 2024 halving event. Crypto-friendly candidate Donald Trump's victory in the US presidential
GOLD PRICE FORECAST: XAU/USD PIERCES $2,600 AMID RISK AVERSION CURRENT PRICE: XAU/USD at $2,599.81. Market movements are exaggerated due to thin trading volumes ahead of New Year's Eve. Uncertainty about the new year pushes investors towards safe-haven assets. XAU/USD accelerated its decline
EUR/USD AT RISK OF ANOTHER SLIDE: CAN BULLS SURVIVE? EUR/USD RECOVERY: The pair started a recovery wave from the 1.0340 zone. BEARISH TREND LINE: A major bearish trend line forms with resistance at 1.0450 on the 4-hour chart. EUR/USD is currently below 1.0450, the
$18 BILLION IN BITCOIN AND ETHEREUM OPTIONS EXPIRE TODAY: MARKET EXPECTS VOLATILITY $18 BILLION WORTH OF OPTIONS: Bitcoin and Ethereum options contracts set to expire today, marking the largest expiry ever. Expiry could trigger sharp price movements and increased volatility. Investors and traders are bracing for significant market opportunities amid