• US10YT=X
• US500

Goldman Sachs forecasts S&P 500 to hit 6,500 by 2025 end, joining Morgan Stanley

• GC
• US10YT=X

Gold prices extend recovery on Russia-Ukraine tensions, softer dollar

Gold prices rose as the dollar weakened and tensions between Russia and Ukraine increased, boosting safe haven demand. Other precious metals and copper also showed positive movement.

• DXY
• US10YT=X
• US2000
• US500

Time to fade the Trump trade, says BCA

BCA Research warns that investors misjudge Trump's return's economic implications, highlighting differing macro conditions and questioning political feasibility of fiscal stimulus, suggesting caution in risk assets.

• US10YT=X
• US2000
• US500

Pullback in the S&P 500 may have already started, RBC says

RBC strategists predict a 5-10% pullback in the S&P 500, citing overextended futures, stretched valuations, and rising Treasury yields, amid positive GDP forecasts easing concerns.

• BTC/USD
• GD
• LDOS
• MRNA
• PFE
• TSLA
• US10YT=X
• US500

Analysis-Headwinds hit Trump-fueled rally in US stocks

The article discusses the decline of U.S. stock markets following Trump's election due to inflation fears and policy uncertainty, despite overall positive performance in 2023.

• BARC
• MIAP00000PUS
• MIWO00000PUS
• MUFG
• US10YT=X
• USD/JPY

Morning Bid: EM conditions tighten, outflows heighten

Asian markets struggle amid rising U.S. bond yields, a strong dollar, and Wall Street declines, while Thailand's GDP and other economic indicators remain in focus on Monday.

• BTC/USD
• CSI300
• GC
• GLD
• HK50
• IBIT
• MIWOU0000PUS
• NDX
• US10YT=X
• US2000
• US500

Unbelievable chart that perfectly shows US stock market dominance

US equity funds experienced record inflows of $55.8 billion while crypto funds attracted $6 billion, indicating strong investor interest in risk assets amid market shifts.

• IN10YT=RR
• US10YT=X
• US2YT=X
• US30YT=X
• US5YT=X

Most Asian bonds faced foreign outflows in Oct on US election jitters

Foreign investors sold bonds in Asia ex-China amidst concerns over Trump's victory, while South Korea and Indonesia saw inflows due to respective market optimism.

• US10YT=X
• US500
• USDT/USD

Powell says no need for Fed to rush rate cuts given strong economy

Fed Chair Jerome Powell signals a careful approach to interest rates amid persistent inflation above 2%, impacting market expectations and maintaining cautious optimism about the economy.

• US10YT=X

US producer prices grow by 2.4% annually in October

US producer prices rose 2.4% annually in October, prompting scrutiny from the Fed as it approaches its final policy meeting of the year.