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Thursday, December 5, 2024

American Market Recap: US stocks stumble as bitcoin gives back gains

US stocks stumble as bitcoin gives back gains

We've been used to seeing some late-day strength in equities but it's the opposite today as the S&P 500 turns lower, falling 0.15%. The Nasdaq is also down 0.2%. To be sure, they're small moves an... 

tranche

The bears are throwing in the towel

imagine being bearish through this period? Well-known market watcher (and often bear) David Rosenberg appears to have given up on his bearish call on the market. That's the kind of thing that can ofte... 

ANZ: Long AUD/NZD as a medium-term trade for 2025

AUD/NZD daily ANZ recommends going long AUD/NZD in early 2025, anticipating AUD outperformance driven by diverging monetary policies, growth dynamics, and New Zealand's diminishing carry advantage. Ke... 

Bitcoin falls through $100,000

Bitcoin 5 mins This will temper the euphoric mood in bitcoin. It's given back the $100,000 level, albeit barely. It rose as high as $103,649 today but it seems as though there is some profit taking. I... 

Magnitude 7.0 earthquake hits off California coast (update: Tsunami threat has passed)

Update : The tsunami warning has passed. The location of the earthquake was 40.370°N 125.025°W. Included were a series of smaller earthquakes nearby. It's well-north of San Francisco and there is a ts... 

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Latest Forex Orders

FX option expiries for 5 December 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . They are for EUR/USD and layered in between 1.0500 through to 1.0550. As such, the expiries could play a role in terms of limiti... 

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