MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.35% early in the session, tracking Wall Street's overnight gain.
Oil markets were on edge over a potential supply glut in 2025. While the OPEC recently agreed to extend its ongoing supply cuts until at least mid-2025, production elsewhere could potentially increase.
Gold prices remained steady as investors anticipated fewer interest rate cuts from the Federal Reserve in 2025 amid the approaching Christmas holiday. Despite a benign U.S. inflation reading, markets are pricing in minimal easing next year.
Relief could be coming sooner rather than later for Aussie homeowners, as the Reserve Bank of Australia (RBA) reveals it is “increasingly confident” about an upcoming rate reduction.
GOLD prices held steady on Tuesday (Dec 24), with investors bracing for a less aggressive path of interest rate cuts from the US Federal Reserve next year, ahead of a shortened trading week due to the Christmas holiday.
Gold Price Today: The price of 24-carat gold fell Rs 10 in early trade on Tuesday, with ten grams of the precious metal trading at Rs 77,440 according to the GoodReturns website. The price of silver fell by Rs 100, with one kilogram of the precious metal selling at Rs 91,300.
For small businesses, the biggest change in the new year will be the arrival of a presumably more business-friendly administration in Washington. But there are other shifts owners should keep on their radar.
Community banks embrace new payment technologies such as Zelle, and instant payment technology, as old-fashioned check writing falls by the wayside.
The dollar was on the front foot on Tuesday as the prospect of higher-for-longer U.S. interest rates remained top of investors' minds, leaving other currencies struggling near milestone lows.
The two companies continue to tick items off their year-end to-do list, which analysts hope will tee up the merger for finalization in early 2025. Regulatory approval remains a major question.
Gerard Cassidy, RBC Capital Markets managing director, joins 'Closing Bell Overtime' to talk possible risks for bank stocks, the impact of the Federal Reserve in 2025, and more.