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Thursday, January 2, 2025

American Market Recap: Biden discussed plans for striking Iran if it moves towards building a nuclear bomb

Biden discussed plans for striking Iran if it moves towards building a nuclear bomb

Axios reports that US President Biden was presented with options for a potential attack on Iran's nuclear facilities if Tehran moves towards a nuclear weapon before Jan 20. The meeting took place 'sev... 

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What is it about the pound on the first trading day of the year?

The pound is the weakest performer today, falling 1.15% on the first real trading day of the year. Deutsche Bank notes that there is a pattern here: Remarkably, this extends sterling's losing run on t... 

US stocks slump to the lows of the day

AAPL daily The early optimism in US stock markets has faded. The S&P 500 is down 35 points, or 0.6% with all the selling coming in the past hour. Particularly notable are the declines in Tesla (6.... 

US 30-year fixed mortgage rate edges up to 6.91% from 6.85%

Optimism is high for many sectors of the US economy in 2025 but one area that's slumped since the election is home builders. That's co-incided with better economic data since September and rising 30-y... 

Why the US dollar is so strong to start the year

The US dollar as the top performer in 2023 and 2024. So far, 2025 is much the same as the US dollar surges to start the year. It's up more than 1% against the euro and pound and is outshining every ot... 

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US 30-year fixed mortgage rate edges up to 6.91% from 6.85%

Optimism is high for many sectors of the US economy in 2025 but one area that's slumped since the election is home builders. That's co-incided with better economic data since September and rising 30-y... 

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