#MarketNews
Good day, traders! It's Thursday, December 28, 2023. Let's quickly delve into the key financial highlights of the day:
The US dollar is getting cheaper against the euro, yen, and pound sterling as traders focus on US interest rate cuts next year.
Stock indices of the largest countries of the Asia-Pacific region showed positive dynamics; the only exception is the Japanese stock market.
US stock indices ended Wednesday's trading with moderate gains, with the US500 one step away from an all-time high reached in January 2022 and the US30 hitting a new record.
Bank of Japan Governor Ueda said the probability of rates moving out of negative territory in 2024 is "not zero."
Argentina's new authorities put 41 state-owned companies on the list for privatization.
Apple resumes selling watches after appeals court lifts ban.
Chinese smartphone maker Xiaomi unveiled its first SU7 electric car, marking a new milestone for the company.
Americans returned $743 billion worth of purchased goods in 2023, about 14.5% of all goods purchased at retail, according to a report from the National Retail Federation.
Crypto hedge funds recovering from a difficult 2022 are poised for a stronger 2024, buoyed by optimism over potential US approval of a bitcoin-ETF.
Oil prices stabilized and shifted to weak gains after falling the previous day on signals that crude supply in the market exceeded demand.
That's it for today, guys! Click on if you liked our review, and see you soon!
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