4E: Market activity has increased significantly. This week, focus on the core PCE price index and the Federal Reserve meeting minutes.
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2024-11-25 11:32:01 2,678
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According to news on November 25, according to 4E monitoring, the three major U.S. stock indexes collectively closed up last Friday. The Dow Jones Industrial Average rose nearly 1%, setting a record high. The S&P 500 Index rose 0.35%, rising for five consecutive trading days. The Nasdaq Composite Index rose 0.16. %. Judging from the week's performance, the Dow Jones Industrial Average rose 2%, while the S&P 500 Index and the Nasdaq Composite Index rose 1.7%. As "Trump Cabinet 2.0" gradually comes into effect, the market is generally optimistic about the implementation of Trump's tax cuts and deregulation policies.
Cryptocurrencies have shown an upward trend in the last week, with the market sentiment index remaining in the greed phase, showing investors’ optimistic expectations for future price movements. Altcoins generally rose significantly following the trend of the market, and the popularity of the Meme project declined last week.
In terms of foreign exchange commodities, the U.S. dollar index rose nearly 1% last week to stand at the 108 mark and hit its highest level in two years. The bleak economic outlook in the euro zone has depressed oil demand expectations, and oil prices rose by about 6% last week, the best in two months. Gold prices rose for five consecutive days last week, rising 5.7% on a weekly basis, the largest weekly increase in the past two years.
After Trump won the presidential election, the Federal Reserve became increasingly cautious about cutting interest rates. The minutes of the Federal Reserve's November meeting and the PCE price index, the Fed's favorite inflation indicator, will be released on Tuesday and Wednesday local time, which may cause market ripples. Investors currently expect the probability of the Federal Reserve to cut interest rates in December to be slightly higher than 50%.
eeee.com is a financial trading platform that supports cryptocurrencies, stock indexes, bulk gold, foreign exchange and other assets. It recently launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market fluctuation risks and allocate assets reasonably.