The Federal Reserve is on the verge of raising rates for the first time in 9 years! What will the impacts be, and how can you position your portfolio to reap the biggest rewards? Tune in to find out how long term investors should embrace these upcoming market changes. Darek and Merlin also look at listener questions regarding gap protection and employee sponsored 401k programs.
Editors’ Picks
EUR/USD hovers around 1.0400 amid a souring mood
EUR/USD loses its early traction but holds within familiar levels around the 1.0400 area on Monday. The negative shift seen in risk mood, as reflected by Wall Street's bearish opening, supports the US Dollar and makes it difficult for the pair to hold its ground.
GBP/USD stabilizes around 1.2550 in dull trading
GBP/USD turned south and dropped toward 1.2500 after reaching a 10-day-high above 1.2600 earlier in the day. The pair recovered as fears eased and stabilized around 1.2550 in holiday-thinned trading. Demand for safety skews the risk to the downside.
Japanese Yen receives support from odds of BoJ raising rates following Tokyo CPI
The Japanese Yen (JPY) remains stronger against the US Dollar (USD) on Monday. The USD/JPY pair remains subdued as the Japanese Yen (JPY) strengthens on the likelihood of the Bank of Japan (BoJ) raising interest rates in January following the release of Tokyo Consumer Price Index (CPI) inflation data last week.
Editors’ Picks
EUR/USD hovers around 1.0400 amid a souring mood
EUR/USD loses its early traction but holds within familiar levels around the 1.0400 area on Monday. The negative shift seen in risk mood, as reflected by Wall Street's bearish opening, supports the US Dollar and makes it difficult for the pair to hold its ground.
GBP/USD stabilizes around 1.2550 in dull trading
GBP/USD turned south and dropped toward 1.2500 after reaching a 10-day-high above 1.2600 earlier in the day. The pair recovered as fears eased and stabilized around 1.2550 in holiday-thinned trading. Demand for safety skews the risk to the downside.
Gold struggles around $2,600 as USD demand recedes
Gold briefly traded below the $2,600 level in the American session on Monday, with US Dollar demand backed by the poor performance of global equities and exacerbated by thin trading conditions ahead of New Year's Eve.
Three Fundamentals: Year-end flows, Jobless Claims and ISM Manufacturing PMI stand out Premium
Money managers may adjust their portfolios ahead of the year-end. Weekly US Jobless Claims serve as the first meaningful release in 2025. The ISM Manufacturing PMI provides an initial indication ahead of Nonfarm Payrolls.
Bitcoin misses Santa rally even as on-chain metrics show signs of price recovery
Bitcoin (BTC) price hovers around $97,000 on Friday, erasing most of the gains from earlier this week, as the largest cryptocurrency missed the so-called Santa Claus rally, the increase in prices prior to and immediately following Christmas Day.
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