As 2024 draws to a close, the year has been marked by a succession of pivotal global events. Financial markets saw significant volatility, with various asset classes posting notable performances.
The U.S. stock market, in its second bullish year, repeatedly shattered records. Nvidia claimed the crown, tech giants reigned supreme, and AI continued to fuel the market's ascent. Globally, interest rates took a downturn amidst ongoing g...

The Japanese yen breaching past 156 on Thursday, a one month low, as the Bank of Japan kept interest rates unchanged in a nearly unanimous decision on Thursday, as policymakers remained cautious over Japan’s economic outlook and the path of inflation. BOJ member Naoki Tamura was the sole dissenter, calling for a 25 basis point hike on concerns over rising inflation. Additionally, the yen faced pressure from a strengthening US dollar after forward cuts were repric...

38300-38400 next! tmr we shall see solid dump below 38k.

– Asian indices such as the HSI futures (-1.2% to 19,650) and Nikkei225 (-1.1%% to 38,735) are trading in the red as of 925AM this morning, led by the overnight 2% drop in US indices.
– The moves come after the Fed lowered rates overnight by 25 basis points to 4.25 to 4.5% as expected, but issued quarterly forecasts showing several officials expect fewer rate cuts in 2025 than previously estimated.
– Fifteen of 19 of...