AAPL
$189.99
(+0.01%)
GOOG
$178.02
(+0.96%)
GOOGL
$176.40
(+0.81%)
AMZN
$182.15
(+0.78%)
MSFT
$430.32
(+0.04%)
FB
$196.64
(+0.51%)
BRK.B
$403.90
(-0.86%)
BABA
$80.58
(-0.84%)
JPM
$199.50
(-0.6%)
JNJ
$144.38
(-1.76%)
BAC
$39.32
(-0.96%)
XOM
$114.86
(+1.27%)
WFC
$59.48
(-1.21%)
V
$270.98
(-1.28%)
WMT
$65.04
(-0.52%)
RDS.B
$51.06
(0%)
RDS.A
$51.04
(0%)
INTC
$31.06
(+1.11%)
T
$17.27
(-1.31%)
UNH
$503.68
(-0.88%)
CSCO
$46.28
(-0.3%)
PTR
$43.88
(0%)
NVS
$99.68
(-0.85%)
PFE
$28.30
(-2.01%)
TSM
$159.41
(-0.37%)

A Look Upon Markets

0 36

The decline in expectations for consumer price inflation in the United States restrained the rise of the dollar on Tuesday, as traders confirmed their bets on a series of interest rate cuts from the Federal Reserve this year. The latest survey of consumer expectations conducted by the Federal Reserve Bank of New York on Monday showed that short-term inflation expectations among American consumers fell to their lowest level in nearly three years in December.

As for cryptocurrencies, Bitcoin stabilized near its highest level since April 2022 amid increasing expectations that the Securities and Exchange Commission will approve Bitcoin exchange-traded funds (ETFs). A significant group of investment managers announced on Monday the fees they plan to impose on proposed Bitcoin spot ETFs, another step towards approval this week by the U.S. Securities and Exchange Commission.

In Asia, data on Tuesday showed a slowdown in core inflation in the Japanese capital for the second consecutive month in December, easing some pressure on the Bank of Japan to hasten its exit from extremely accommodative monetary policy. There was no significant change in the yen following the release of the report.

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