RT Poloniex Exchange (@Poloniex)Weekly important event:Monday:• Powell Speech• QT Ends• PMI Data• ISM ManufacturingWednesday:• Additional PMI & ISM DataThursday:• Initial Jobless Claims• US Trade DeficitFriday:• PCE Inflation Data https://t.co/PPBsaPP7fn ...

Sometimes you have to take matters into your own hands. The government shutdown ended a while ago, but there's been at least one lingering effect: a lack of inflation data.The last CPI report was for September and released way back on October 24. November's inflation report — sorry October, we'll catch you next year — was scheduled to drop December 10, but got bumped to December 18. But who wants to wait another two-plus weeks?Business Insider took matters into its own hands, surveying readers about how p ...

Core Points - Major stock indexes experienced gains on Tuesday, with the Dow Jones Industrial Average rising by 131 points, or 0.3%, the S&P 500 increasing by 0.3%, and the Nasdaq Composite up by 0.4% [1] - The rise in futures was attributed to a strong Japanese government bond auction and EU inflation data, which helped stabilize yields after a sharp increase at the beginning of December [2]

Market Overview - The market is showing a positive start with the Dow up 76 points, S&P up 18 points, and NASDAQ up 99 points, reversing a previous decline where the Dow dropped over 400 points [1] - The S&P 500 fell more than half a percent, indicating some investors believe a market pullback is due after months of steady gains in 2025 [1] Consumer Spending - Online spending during Black Friday reached nearly $12 billion, with Cyber Monday expected to generate at least another $17 billion, indicating strong consumer activity [2] - A total of $43 billion was spent online over the four days from Black Friday to Cyber Monday, primarily on discretionary items rather than staples [5][6] - A survey revealed that 49% of Americans believe President Trump's economic policies have increased prices, while only 24% think they have lowered them [7] Automotive Industry - The automotive sector is experiencing a decline in production, with a 15.7% decrease in the seasonally adjusted rate of automobile sales [9] - Consumers are reportedly losing patience with high car prices, leading them to consider downsizing, purchasing used vehicles, or taking out longer loans [13] - The expiration of subsidies for electric vehicles (EVs) has resulted in a significant pullback in consumer interest in EVs [14] Economic Outlook - The forecast for 2026 appears positive, despite recent fluctuations in stock prices, with companies like Pfizer and Merck experiencing notable stock movements [11] - The automotive industry is facing challenges due to increased wages and production shifts, which have contributed to higher prices [10]

Core Insights - Deposit account rates are declining, but competitive returns on certificates of deposit (CDs) can still be locked in, with the best CDs offering rates above 4% [1] Group 1: Current CD Rates - The best short-term CDs (six to 12 months) currently offer rates around 4% to 4.5% APY, with the highest rate at 4.1% APY from Marcus by Goldman Sachs and Sallie Mae [2] Group 2: Historical Trends - CD rates were relatively high in the early 2000s but began to decline due to economic slowdowns and Federal Reserve rate cuts, with average one-year CDs at around 1% APY by 2009 [3][4] - The trend of falling CD rates continued into the 2010s, with average rates for 6-month CDs dropping to about 0.1% APY by 2013 [4] - A slight improvement in CD rates occurred between 2015 and 2018 as the Fed gradually increased rates, but the COVID-19 pandemic led to emergency rate cuts, causing new record lows [5] - Following the pandemic, the Fed hiked rates 11 times between March 2022 and July 2023, resulting in higher APYs on savings products, including CDs [6] Group 3: Future Expectations - As of September 2024, the Fed has started cutting the federal funds rate, leading to a decrease in CD rates from their peak, although they remain high by historical standards [7] - Traditionally, longer-term CDs offered higher interest rates, but currently, the highest average CD rate is for a 12-month term, indicating a flattening or inversion of the yield curve [8] Group 4: Choosing the Best CD - When selecting a CD, factors such as goals, type of financial institution, account terms, and inflation should be considered to ensure the best fit for individual needs [9]

Over the past several years, the world of commercial real estate has been turned upside down by various contributing factors, including rising interest rates, inflation, and other macro pieces. These sometimes not-so-subtle tides have led a traditionally steady-eddy assetAnalyst’s Disclosure:I/we have a beneficial long position in the shares of VNQ, CPT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensatio ...

Euro-area inflation inched up, supporting the European Central Bank’s view that there’s little reason to lower borrowing costs further https://t.co/mWFL2BH3zG ...

Euro zone inflation stood at 2.2% in November, marking a slight rise from the previous month, flash data from data agency Eurostat showed Tuesday.The latest consumer price index reading is just a shade above the European Central Bank's 2% target. Economists polled by Reuters expected a reading of 2.1% for the twelve months to November.Looking at the main components of euro area inflation, services is expected to have the highest annual rate in November, at 3.5% compared with 3.4% in October, Eurostat said. ...

Core Insights - XRP's primary advantage lies in its management and business relationships, positioning it favorably in the cryptocurrency market [1] - Federal Reserve Chair Jerome Powell's upcoming speech is highly anticipated, with expectations of a 25 basis points rate cut during the December FOMC meeting [2][3] - Ripple has secured a significant regulatory win with the Monetary Authority of Singapore approving an expanded scope for its Major Payment Institution license, enhancing its digital payment services [5][6] Economic Indicators - FRED data indicates that US core inflation is slowing through Q3, while labor indicators show mixed signals, with initial unemployment claims at a seven-month low despite tech sector layoffs [3][4] - The correlation between rate cuts and market performance has weakened, although historically, markets tend to outperform in the months following rate cuts [3] Market Dynamics - The crypto market has seen a decline of approximately 20% over the past 30 days, with long-term BTC holders distributing their holdings [4] - Ripple's new licensing allows for a unified integration for corporate clients, enabling them to manage payments using XRP and RLUSD without additional banking infrastructure [6]

Key dates this week 🗓️Dec 2 ➡️ 🇪🇺 Consumer Price Index YoYDec 3 ➡️ 🇺🇸 ISM Non-Manufacturing PMIDec 5 ➡️ 🇺🇸 Core PCE Price Index MoMWhich dates are you watching? 👀 ...