Stocks News

The SEC vs. Ripple case entered its third year, with Coinbase also in the courts. Progress toward a crypto-spot ETF market contributed to BTC gains this week.

In November 2023, the PCE price index edged up by 0.1%, reflecting controlled inflationary pressures.

In the third quarter of 2023, U.S. real GDP growth slowed to 4.9%, adjusted down from an initial 5.2% estimate.

The October 2023 Euro Area current account marked a substantial surplus of €34 billion, exceeding expectations and the previous month’s €31 billion.

The ifo Business Climate Index’s fall to 86.4 points in December mirrors the growing unease in German businesses.

Empire State Survey shows New York manufacturing decline with falling orders and shipments, maintaining a bearish outlook.

The Fed’s decisions and remarks from Chairman Powell will critically influence near-term financial market trends, from Treasury yields to Wall Street.

November’s steady PPI and stable Core PPI highlight market equilibrium amid contrasting sector-specific trends in the U.S. economy.

November CPI up 0.1% with core CPI rising 0.3%, showing shifts in US inflation led by housing, healthcare, and energy declines.

November CPI crucial for Fed’s rate decisions; stable headline CPI but high core inflation; Fed seeks more evidence for rate cuts.

The crypto market continued to respond to BTC-spot ETF-related news, countering anti-crypto rhetoric from Capitol Hill.

November’s nonfarm employment rose by 199,000, unemployment dipped to 3.7%, and wages grew to $34.10, signaling economic strength.

US unemployment claims rise to 220,000 with the four-week average reaching a yearly high of 1,872,250.

U.S. private sector added 103,000 jobs in November, falling short of the 131,000 job market expectation.

The US courts highlight more untoward SEC actions in its regulation by enforcement maneuvers while Coinbase had an impressive November.

October saw the U.S. PCE index rise slightly, indicating stable inflation alongside modest growth in income and spending.

Q3 2023 sees US GDP grow 5.2%, driven by investment, spending, and stable inflation, boosting economic outlook.

The S&P CoreLogic Case-Shiller and FHFA Indices report a continued rise in US housing prices.

October’s durable goods orders fell 5.4%, more than expected, while jobless claims dropped to 209,000, showing labor market strength.”

The constitutional court ruling underlines Germany’s strong fiscal framework but complicates the government’s ability to address persistent under-investment of around EUR 300bn over the past decade.