Group 1 - The latest inflation update has not significantly changed the expectations for a January interest-rate cut, with traders now estimating a 5% chance of a cut on January 28, up from 4.4% earlier in the week [1] - The likelihood of at least one quarter-point cut by March has increased slightly to 29% from 28.7% [2] - The probability of a quarter-point cut through June has risen to 47.2% from 46.2%, while the odds for a half-point cut have increased to 21.6% from 19% [2] - The chances of a three-quarters of a point cut through June have also grown to 3.4% from 2.7% [2]

Core Viewpoint - Chair Jerome Powell is poised to lower interest rates again, despite voter unease, and will indicate a higher threshold for any further easing [1] Group 1 - The decision to lower interest rates reflects ongoing economic conditions and aims to support growth [1] - The potential rate cut may influence market expectations and investor behavior [1] - Powell's signaling of a higher bar for further easing suggests a cautious approach moving forward [1]

Core Viewpoint - U.S. stock futures showed little change as investors are anticipating an interest-rate cut by the Federal Reserve later this week [1] Group 1 - Investors are closely monitoring the Federal Reserve's upcoming decision on interest rates [1]

Market Overview - US stock futures showed a cautious recovery with S&P 500 futures rising 0.3%, Nasdaq 100 futures up 0.4%, and Dow Jones Industrial Average futures increasing by approximately 0.2% [1] - The market is attempting to recover from a risk-off sentiment that led to losses for major US indexes, marking a rocky start to December, a month typically strong for equities [2] Cryptocurrency Market - Bitcoin traded above $87,000, recovering from a low of $84,000, which was its worst day since March [3] - Shares of crypto-related companies like Coinbase and Robinhood also saw positive movement after significant declines [3] Economic Indicators - Investors are looking for catalysts to support a year-end rally amid ongoing concerns about inflation, market valuations, and the impact of AI spending [4] - There is an 87% probability of an interest rate cut on December 10, as markets anticipate easing measures from the central bank [5] Company Earnings and Developments - Marvell is expected to release earnings after market close, with its stock rising due to reports of advanced talks to acquire Celestial AI in a multibillion-dollar deal [6][7] - MongoDB's stock increased by 2% after reporting revenue of $628.3 million for Q3, exceeding guidance and reflecting a 19% year-over-year increase [11] - MongoDB's full-year revenue guidance was raised to between $2.434 billion and $2.439 billion, up from previous estimates [13] Investment Strategies - Bank of America recommends its wealth management clients consider a 1%-4% allocation to cryptocurrencies, with plans to cover four bitcoin ETFs starting January 5 [9][10]

Ghana’s central bank will likely deliver a third consecutive big interest-rate cut as inflation is projected to fall below the lower end of its target range by year-end https://t.co/jkblwF802e ...

Market Overview - The stock market experienced a rally, with consumer stocks leading the way, particularly in retail and travel sectors, as investors showed strong interest in these areas [1] - Despite disappointing economic data, there are rising hopes for another interest-rate cut, which may have contributed to the market's positive momentum [1] Sector Performance - Eight of the top twelve performing industry groups were from the retail sector, each showing an increase of more than 4%, indicating robust performance in this area [1] - Symbotic, a company in the robotics sector, exceeded fiscal Q4 earnings expectations, which may have influenced investor sentiment positively [2]

Group 1 - US stocks experienced a significant surge at the start of the Thanksgiving trading week, with the Nasdaq Composite rising nearly 2.7%, marking its largest daily increase since May [1] - The S&P 500 index advanced over 1.5%, while the Dow Jones Industrial Average increased by nearly 0.5%, indicating a broad market recovery [1] - Analysts suggest that the recent pullback in the AI-driven market rally may be nearing its end, with notable gains in stocks like Nvidia, which rose more than 1.5%, and Tesla, which gained 7% following a positive analyst call [2] Group 2 - Bitcoin showed signs of recovery, hovering above $89,000 after a recent decline to near $80,000, indicating a potential end to its month-long slump [3] - Upcoming economic data releases, including updates on producer prices, retail sales, and consumer confidence, are expected to influence market calculations regarding interest rate cuts [4] - Key earnings reports from companies such as Alibaba, Kohl's, and Best Buy are anticipated as the retail season winds down [4] Group 3 - Trade discussions between US and EU officials are ongoing, with markets closely monitoring the potential impact of President Trump's tariffs and the Supreme Court's ruling on their legality [5]

Core Insights - The S&P 500 is expected to open higher as the market anticipates potential interest rate cuts by the Federal Reserve [1] - Bitcoin is experiencing downward pressure, having reached a seven-month low, influenced by broader risk aversion and uncertainty regarding future interest rate cuts [1][2] Market Conditions - The recent selloff in Bitcoin is attributed to stalled regulatory momentum, institutional outflows, thinning liquidity, and profit-taking by long-term holders [2] - Analysts from Deutsche Bank suggest that the current market conditions are testing Bitcoin's portfolio integration, raising questions about whether the decline is a temporary correction or a more extended adjustment [2]

Market Overview - US stock futures showed a mostly positive trend as investors anticipated a potential interest-rate cut, with S&P 500 futures up 0.2% and Nasdaq 100 futures climbing 0.5% [1] - Major indexes experienced significant losses in November, with the S&P 500 down 3.5% month-to-date and the Nasdaq Composite down over 6% [2] Economic Data - Economic data releases are gradually resuming following the longest government shutdown in US history, with key reports on producer prices and retail sales expected this week [3][14] - The Conference Board's consumer confidence reading for November is also anticipated [14] Earnings Reports - The earnings season is concluding with a relatively quiet week, featuring notable companies such as Alibaba Holdings, Dell Technologies, Kohl's, and Best Buy [4][15] - Alibaba's Qwen AI app received positive investor feedback, contributing to a rise in its stock price [16] Sector-Specific Insights - European defense stocks, including Rheinmetall AG, have seen a decline of about 24% from their early October peak due to changing market sentiment regarding the Russian conflict [6][8] - Despite the decline, there is a belief that Europe's approach to defense spending will remain altered regardless of the conflict's resolution [7] Company Highlights - Tesla's stock rose 1.8% after CEO Elon Musk announced the design of AI chips for their vehicles and data centers [9] - WeRide's stock jumped 7% following a revenue increase attributed to global fleet expansion [10] - Eli Lilly's stock fell 2% despite reaching a market capitalization of over $1 trillion for the first time [9]

Market Overview - US stocks experienced a surge on Monday, with the Nasdaq Composite rising over 2% and the S&P 500 advancing more than 1.3%, indicating a potential rebound as the Thanksgiving trading week begins [1] - The Dow Jones Industrial Average increased by 0.4%, reflecting a broader market recovery following a recent pullback [1] Technology Sector - The technology sector is showing signs of recovery from a recent downturn, with major tech companies like Nvidia, Alphabet, and Tesla leading the gains on Monday [2] Cryptocurrency Market - Bitcoin remains under pressure, trading slightly lower at just below $87,000, despite a recovery from a dip below $81,000 on Friday [3] Economic Indicators - Investors are focused on upcoming economic data releases, including updates on producer prices, retail sales, and consumer confidence, which may influence expectations for an interest-rate cut by the Federal Reserve [4] Earnings Reports - Key earnings reports this week include Alibaba, Kohl's, and Best Buy, as the earnings season approaches its conclusion [5] Trade Relations - Ongoing discussions between US and EU trade officials regarding President Trump's tariffs are being monitored, particularly in light of potential Supreme Court rulings on the legality of these tariffs [6]