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#MarketNews Happy Friday, dear traders! Let's take a look a | FBS Analytics

#MarketNews

Happy Friday, dear traders! Let's take a look at the major news on the last trading session of this year!

The US dollar is facing competition in commodity markets: this year, 20% of oil has been sold in currencies other than the dollar.

On Thursday, the Dow Jones index (US30) reached a new record closing high of 37 710, while the S&P 500 (US500) did not achieve its historical peak and closed at 4783.

China is set to become the world's leading exporter of automobiles for the first time, driven by increased sales in Russia.

The United States has extended the quota system for duty-free imports of steel and aluminum from the European Union for an additional 2 years.

The U.S. aviation regulator has requested inspections of Boeing (#BA) 737 MAX planes for a potential issue in the steering system.

Ark Invest and 21Shares have submitted a revised application for a spot Bitcoin exchange-traded fund (BTCUSD). Today marks the deadline for submitting updated applications for spot BTC-ETFs, at least for this year.

Half of the Red Sea container ship fleet is avoiding this route after the attacks. Bypassing Africa takes 25% more time than using the Suez Canal.

Google has reached a resolution for a $5 billion lawsuit concerning data collection in Chrome.

90% of foreign funds that entered China's stock market in 2023 have already exited, fueled by growing doubts about Beijing's readiness to take significant measures to stimulate slowing economic growth.

What are your expectations from the last trading session of the year? Share your thoughts in the comments.

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