Category: December
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Treasuries Rally as Mixed Jobs Data Fuels December Fed Cut Bets
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Breadcrumb links BMN Business US Treasuries rose and traders boosted their bets on a Fed rate cut this month after a mixed November employment report. Article writer: Bloomberg News Michael Mackenzie and Edward Bolingbroke Published on December 6, 2024 • 3 minute read You can save this article by registering…
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Altcoins Poised For December Gains As Bitcoin Loses Ground
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This article is also available in Spanish. Although Bitcoin remains the world’s best digital asset, with its price hovering between $90,000 and $96,000 this week, some experts are looking to the future and beyond. Bitcoin. Related reading According to some crypto commentators on Twitter/X, Bitcoin’s market dominance is declining, which…
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Altcoins Poised For December Gains As Bitcoin Loses Ground
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This article is also available in Spanish. Although Bitcoin remains the world’s best digital asset, with its price hovering between $90,000 and $96,000 this week, some experts are looking to the future and beyond. Bitcoin. Related reading According to some crypto commentators on Twitter/X, Bitcoin’s market dominance is declining, which…
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Bitcoin Set To Hit $140,000 Target In December – Here’s Why
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Bitcoin (BTC) had a somewhat turbulent end to November, hitting a local low of $90,796 on Tuesday. Notably, market bulls have shown some resilience in the past few days resulting in a 5.9% market gain to move the digital asset back above $96,000. Interestingly, at the beginning of December, famous…
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Bitcoin To Repeat Post-Election December Surge? History Points To A Bullish Year-End Target
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Bitcoin has yet to surpass the expected $100,000 level as it traded on a correction path for the majority of the week that just ended. However, current market trends indicate that the cryptocurrency It will penetrate This psychological threshold of $100,000 is too soon. In particular, past trends, combined with…
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Stock market’s record run sets stage for December gains, pros say
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The market’s record year may have more room to go, with sentiment boosted by recent outperformance and historical trends. Stocks hit all-time highs following President-elect Donald Trump’s victory earlier this month, as Wall Street remains optimistic about the incoming administration’s economic agenda despite looming tariff risks. “Tariff threats may lead…
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3 Dividend Stocks Down 8%, 16%, and 37% to Buy in December
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Major stock market indexes are hovering around all-time highs, but there are plenty of industries that have had their fair share of struggles so far this year. Start your morning smarter! Wake up with Breakfast news In your inbox every market day. Register for free » Exploration and Production (E&Ps)…
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3 Dividend Stocks Down 8%, 16%, and 37% to Buy in December
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Major stock market indexes are hovering around all-time highs, but there are plenty of industries that have had their fair share of struggles so far this year. Start your morning smarter! Wake up with Breakfast news In your inbox every market day. Register for free » Exploration and Production (E&Ps)…
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Will December Surpass November’s Record-Breaking Bitcoin Price Increase?
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Bitcoin is wrapping up one of its hottest months in history, rising over $30,000 in November, marking a renewed bullish sentiment in the market. As we look to December and beyond, investors are eager to understand whether Bitcoin’s momentum can continue into 2025. With macroeconomic conditions, historical trends, and on-chain…
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Analyst Who Predicted Dogecoin Price Rise To $0.7 In 2021 Says WallitIQ (WLTQ) Will Rise 23,460% By December 2024
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One well-known analyst who successfully predicted that the price of Dogecoin would rise to $0.7 in 2021 is now turning their attention to WallitIQ (WLTQ), predicting a staggering 23,460% increase by December 2024. As the cryptocurrency landscape evolves, WallitIQ (WLTQ) is emerging as a game changer. In the decentralized wallet…
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Bank of Japan Holds Rates, Hints at Potential December Move
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The Bank of Japan (BOJ) maintained its short-term interest rate target at 0.25% at its policy meeting today, while signaling increased confidence in the economic outlook that could pave the way for further monetary tightening as early as December. Link to the Bank of Japan’s official statement and economic outlook…
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AUD: CBA maintains base case December RBA 25bp rate cut – see firmer disinflationary pulse
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Detailed note from the Commonwealth Bank of Australia on what they expect from the Reserve Bank of Australia. In summary: Our base scenario sees the RBA begin to normalize the cash rate by the end of 2024 (we forecast in December the first 25 basis point rate cut) A stronger…
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M-Pesa paybills to become KRA tax registers by December 25
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Mobile payment bills and number accounts will be converted into electronic tax records (ETRs) from the end of December to weed out tax evaders and boost revenue by billions of shillings, President William Ruto’s senior economic advisor has said. Musa Kuria, former Cabinet Secretary, said there are plans to declare…
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CBA shifts expected RBA rate cut timing to December 2024 (from November)
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The Commonwealth Bank of Australia has decided to postpone the expected date of the Reserve Bank of Australia’s first interest rate cut from November 2024 to December 2024. Expect a 25 basis point cut. The recent strength in employment growth coupled with relatively hawkish rhetoric from the RBA Governor means…
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ECB’s Holzmann: There could be room for another rate cut in December
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Legendary Analyst Reveals Prediction For December
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This article is also available in Spanish. Just like Bitcoin (BTC), Ethereum (ETH) Price Ethereum has been trading sideways quite noticeably lately. Due to this bearish trend, a well-known cryptocurrency analyst has provided some insights into Ethereum price action, predicting that in the next three months, the leading altcoin could…
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Legendary Analyst Reveals Prediction For December
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This article is also available in Spanish. Just like Bitcoin (BTC), Ethereum (ETH) Price Ethereum has been trading sideways quite noticeably lately. Due to this bearish trend, a well-known cryptocurrency analyst has provided some insights into Ethereum price action, predicting that in the next three months, the leading altcoin could…
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Google search monopoly US case remedies to come by December By Reuters
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Written by Judy Godoy The U.S. Justice Department plans to issue a blueprint by December on what Alphabet Inc’s Google must do to restore competition after a judge earlier found the company had an illegal monopoly on the online search market, prosecutors said at a court hearing in Washington on…
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NSE to open fractional investment in stocks by December 31
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The Nairobi Securities Exchange (NSE) now plans to introduce a new trading platform by December 31, 2024 that will allow retail investors to buy a percentage or share of shares instead of paying the full price. Under the new system, known as fractional investment, an investor will be allowed to…