Market News 17/12/2024

Today’s Market News:

Asian markets mixed as traders assess China consumer spending data

* Dow down for 8th day; longest losing streak since 2018

07

* Nasdaq rallies over a percent to hit a new high

Two day FOMC meet begins today

37591

European markets end lower

GIFT Nifty signals a negative start

US 10-year yield flat as investors prepare for potential rate cut

Dollar edges higher against major peers as investors eye Fed rate cut

Gold gains as dollar eases ahead of Fed meet

Oil dips on soft Chinese spending data

Bitcoin rises to new record above $107,000

US Treasury Yield Steady At 4.39% As Investors Eye Fed’s Rate Decision

* European Mkts End Lower, Benchmark Indices Fall Up To Nearly 1%

* Asian Mkts Muted In Early Trade, KOSPI Down Nearly 1%, Nikkei Flat

* BoJ Decision On Rate Cuts Due On Thu, PBOC To Announce Its Loan Prime Rates On Fri

* Oil Prices Drop From Recent Highs On Weakened China Cons Spending, Brent Below $74/bbl

* GIFT Nifty Lower, Signals A Start With Cuts For Indian Market

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top