🌐📈 US factory gate prices rose 0.4% in November, surpassing expectations (0.2%), while jobless claims surged to 242K, exceeding forecasts (220K).

These weaker-than-expected reports cast doubts on Fed rate cuts in 2025. However, a December rate cut remains highly probable at 98%.

#EconSky

🌐📈 US consumer inflation met forecasts, boosting the probability of a 0.25% Fed rate cut in December to 95%. The market valued stable inflation to support rate cuts, despite earlier fears of a slight rise. Tomorrow’s producer inflation report is expected to have a weaker impact.

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🌐📈 The US economy added 227K jobs in November, surpassing expectations. Despite the strong report, the market remained steady and bets on December Fed rate cut (86% probability). This surge in confidence might stem from anticipated data revisions or a final rate cut before Trump.

#EconSky

Well, market bets 86% vs 14% now

🌐📈 The FOMC Beige Book indicates a stable economy, making a December Fed rate cut very likely (market expectation at 72%). However, tomorrow's Nonfarm Payroll report could significantly adjust these expectations.

#EconSky

🌐📈 This week: Strong ISM Manufacturing (Mon), JOLTs Job Openings (Tue), Powell's Speech (Thu), and Nonfarm Payrolls (Fri). Market expectations for December rate cuts (up to 74.5% from 52.3%). But robust economy might prevent Fed cuts to avoid overheating, triggering a market correction.

#EconSky

And it begins! 🚀 OpenAI takes a bold yet expected step, blending search and AI with its new browser extension. Move over, Google – ChatGPT enters the arena. Will it redefine search with conversational answers or become another fruitless challenge to Google's throne? 🔍💡 #OpenAI #AI

🌐📈 Trump is not even trying to avoid confrontation and is betting high. He states, "The idea that the BRICS Countries are trying to move away from the Dollar is OVER." He threatens "100% Tariffs" and warns BRICS to "wave goodbye to America" if they try to replace the USD.

#EconSky

Other sectors are also significantly higher

🌐📈 The US market has a P/E ratio of 26.12, significantly higher than Germany's 15.41. Does this indicate the S&P 500 is overvalued? Investors might need to consider potential risks of high valuations and explore opportunities in undervalued markets.

#EconSky

🌐📈 High market volatility expected today with Jobless Claims and inflation data releases. Bad news could boost rate cut odds (currently 63% for December rate cut), supporting markets, but too much negative data might trigger profit-taking and corrections after recent gains.

#EconSky

🌐📈Crypto markets are optimistic about Trump’s presidency.
🔹 Allianz purchased 25% of MicroStrategy's 2031 bonds—worth $2.6B—showing major confidence in crypto.
🔹 SEC shake-ups continue: After Gensler, Commissioner Jaime Lizárraga also steps down.

#EconSky #StockMarket #EconBlueSky #TradingSky

🌐📈No major macro news or significant earnings today.

🔹 Market expectations for a Fed 25 bp cut in December keep dropping (52.7% vs. 80% last week).
🔹 Key reports next week: Initial Jobless Claims (Wed) and New Home Sales (Tue) may clarify Fed's plans.

#EconSky #StockMarket #EconBlueSky #TradingSky

#MarketPulse

Investors have withdrawn a $248 billion class-action lawsuit against Elon Musk over Dogecoin. Following recent events, DOGE skyrocketed, partly influenced by Musk's involvememt and the lawsuit lost its purpose.