December Bo News Today

Lunch begins right now welcome to power lunch. Im Michelle Carusocabrera. The dow hitting record highs again, pushing closer to 25,000, just days after crossing 24,000. The s p 500, the russell small caps also hitting record highs but in the category of things that make you go hmm the nasdaq struggling again today because of a tech slump. Nvidia, micron, amd among the biggest declines check out what else is moving at this hour. General cable is soaring more than 30 the industrial wiring cable ma...

Japan has a long history of market interventions, to weaken or prop up its currency. Several times since the 1990s, Japan, unilaterally or with help from its main trading partners, tried to turn the tide for the yen. A quick look at the most recent market interventions, including yen’s post-intervention performance, could offer valuable insight to what can be expected in the short-term for the yen after Monday’s activity. 

The Bank of England holds its first gathering for 2024 on Thursday at 12:00 GMT, a day after the respective Fed meeting. The same setup in December 2023 proved favourable for the pound as during the December 13-15 sessions it managed to record a quick 2.5% rally against the dollar. The main reason was the divergent rhetoric of the two central banks, with the market getting excited by the comments such as “the decision to hike or to hold was again finely balanced” appearing in the December Bo...

The Japanese Yen (JPY) ticks lower against its American counterpart during the Asian session on Friday after data showed that consumer inflation in Japan's national capital decelerated sharply in January.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Markets are pricing three rate cuts in 2024 and we doubt the Bank will be too happy about that.

Sterling has enjoyed November. Economists at ING analyze GBP outlook ahead of the Bank of England (BOE) meeting.

NZD consolidates gains. BoJ comments spark re-pricing frenzy, JPY takes flight. China trade data indicative of struggling economy, import volumes sluggish

Pound Sterling: UK Labour Market Not Tight Enough for Another BoE Hike

It is quite a big week for Sterling. Economists at ING analyze GBP outlook.