๐บ๐ธ Miran, a Trump appointee at the Federal Reserve, has stated that the Fed should reduce interest rates by 1.5% this year. Since the beginning of the year, Miran has been advocating for a significant rate cut during TV broadcasts before market openings, emphasizing that such a move would reassure everyone, including grandmothers in Kansas, about the state of the economy and the stock market.
๐ Upcoming Events
๐บ๐ธ The United States will release Initial Jobless Claims at 16:30 MSK. Additionally, the Trade Balance for October will also be announced at the same time.
๐บ๐ธ The United States will release Initial Jobless Claims at 16:30 MSK. Additionally, the Trade Balance for October will also be announced at the same time.
๐จ The United States has reported its Initial Jobless Claims at 208,000, slightly below the expected 213,000 and an increase from the previous week's 200,000. Meanwhile, Continuing Jobless Claims stand at 1.914 million, surpassing expectations of 1.9 million and up from the earlier figure of 1.866 million, which was revised to 1.858 million.
๐จ๐บ๐ธ The United States' trade balance for October reported a deficit of $29.4 billion, significantly better than the expected $58.1 billion and a decrease from the previous figure of $48.1 billion. This marks the lowest trade deficit recorded since 2016.
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๐ข๐บ๐ธ๐ป๐ช JD Vance, a potential future U.S. president, revealed that while everyone was celebrating, the U.S. gifted itself a new resource-rich colony for the New Year.
mt ะฒ max
mt ะฒ max
๐จ The U.S. Treasury Secretary, Janet Yellen, has urged the Federal Reserve to lower interest rates. This call comes amid ongoing economic challenges, as the government seeks measures to stimulate growth and manage inflation effectively.
โ ๏ธ๐ฌ๐ฑ The European Union is exploring potential responses to former President Trump's threats regarding Greenland, according to Estonian Prime Minister Kaja Kallas. The situation has raised concerns about geopolitical stability in the region. For more information, visit mt ะฒ max.
โ ๏ธ๐ข๐ท๐บ The Russian gas industry, including Gazprom, is facing a significant issue as it enters a period of surplus in the global fuel market, experts from the Institute of Energy and Finance report. This development poses challenges for the sector's future amidst shifting demand dynamics. For further details, visit the link: here.
๐ข๐บ๐ธ๐ป๐ช Vitol and Trafigura are in talks with the United States regarding the sale of Venezuelan oil, according to RTRS.
๐ท๐บ Russia's Minister of Industry and Trade, Denis Manturov, announced that a roadmap is being prepared for the establishment of a new national trade model.
๐ฅ๐บ๐ธ Googleโs parent company, Alphabet Inc. (GOOGL), has reached a record high in its stock value, showcasing the company's significant growth and resilience in the technology sector. Investors remain optimistic about Alphabetโs future, driven by its advancements in artificial intelligence and digital advertising. For more details, visit here.
๐จ๐บ๐ธ๐จ๐ด Colombia and the United States are preparing for a presidential meeting set to take place in Washington soon, according to the Colombian ambassador to the U.S.
๐ฅ๐บ๐ธ U.S. defense stocks surged at the market opening following former President Donald Trump's announcement that the military budget for 2027 should reach $1.5 trillion. Notable gains include Lockheed Martin (LMT), up by 9%, and Raytheon Technologies (RTX), which increased by 3%.
๐ Coincheck has acquired 3iQ for $112 million to expand its range of cryptocurrency services. This strategic move comes as Coincheck aims to enhance its offerings in the digital asset space. Meanwhile, the company's stock has seen a decline, with CNCK down by 11%.
๐ CZ has announced that his memoir titled "Binance Life" (ๅธๅฎไบบ็) will be released in 4 to 6 weeks.