picked up to 0.71% YoY in November from 0.25% in October, driven by persistent food price deflation and weak core inflation. Most economists said headline inflation appears to have bottomed out in October on account of lower food prices and one-time GST cut adjustment and expect it to inch up but will be below RBI’s 4% medium-term target. RBI has cut the repo rate by 125 bps since the easing cycle began in February stating that it is to support growth as inflation remained benign.WHY A PAUSE NOW? , on the ...

Photo by BeInCrypto Bitcoin slid to the $85,000 level on December 15, extending its recent decline as global macro risks, leverage unwinding, and thin liquidity collided. The drop erased more than $100 billion from the total crypto market cap in just days, raising questions about whether the sell-off has finished. While no single catalyst caused the move, five overlapping forces pushed Bitcoin lower and could keep pressure on prices in the near term. Bank of Japan Rate Hike Fears Triggered Global De-Ris ...

Market Overview - The Tel Aviv Stock Exchange experienced a decline, with the Tel Aviv 35 Index falling by 0.51% to 3,595.63 points, the Tel Aviv 125 Index decreasing by 0.69% to 3,606.96 points, and the BlueTech Global Index dropping by 0.90% to 600.38 points [1] - The All Bond corporate bond index saw a slight increase of 0.06% to 417.88 points, with total turnover reaching NIS 3.62 billion in equities and NIS 3.22 billion in bonds [1] Foreign Exchange Market - The shekel-dollar exchange rate was set 0.219% higher at NIS 3.209/$, while the shekel-euro rate increased by 0.343% to NIS 3.769/€ [2] Top Performers - Bank Hapoalim led the market with a rise of 0.80% and the highest trading turnover [3] - NextVision recorded the largest increase on the Tel Aviv 35 Index, rising by 3.56% [3] - Teva Pharmaceutical Industries Ltd. increased by 0.83%, Tower Semiconductor Ltd. rose by 0.47%, and Migdal Insurance & Financial Holdings saw a rise of 2.66% [3] Underperformers - Delek Group experienced the largest decline on the Tel Aviv 35 Index, falling by 3.19%, along with its energy exploration and production unit NewMed Energy, which fell by 1.90% [4] - Bank Leumi decreased by 1.73%, Israel Discount Bank fell by 1.44%, Phoenix Finance dropped by 1.52%, and Elbit Systems Ltd. saw a decline of 1.02% [4]

Welcome back to Morning Trade Live. It's time now for the big picture. So, let's welcome in the team from Charles Schwab, Cooper Howard, director of fixed income research and strategy, Schwab Center for Financial Research, and Michelle Gibli, the director of international equity research and strategy, Schwab Center for Financial Research.Michelle, I suppose we better start with you just because of course we got this data out of China overnight showing that while it does continue to operate over a $1 trillio ...

BBVA plans to name Daniel Calvo to oversee the corporate and investment banking business in the UK, according to people familiar with the matter https://t.co/VwIPVtql4P ...

Economic Indicators - The December Empire manufacturing survey unexpectedly contracted by 22.6 points to -3.9, significantly weaker than the expected 10.0 [3] - The NAHB housing market index for December rose by 1 to an 8-month high of 39, aligning with expectations [3] - Eurozone industrial production for October increased by 0.8% month-over-month, marking the largest rise in 5 months and meeting expectations [6] Federal Reserve Policy - The dollar index is down by 0.24% due to the contraction in the Empire manufacturing survey, which is seen as a dovish factor for Federal Reserve policy [1] - Fed Governor Stephen Miran indicated that the current policy stance is unnecessarily restrictive for the economy, citing a benign inflation outlook and labor market concerns [3] - There is a 27% chance that the FOMC will cut the fed funds target range by 25 basis points at the upcoming January meeting [4] Currency Movements - The euro (EUR/USD) is up by 0.23%, reaching a 2.5-month high, supported by dollar weakness and positive Eurozone industrial production data [5] - The yen (USD/JPY) is down by 0.60%, climbing to a 1-week high against the dollar due to stronger-than-expected Japanese economic indicators and expectations of a potential interest rate hike by the Bank of Japan [7] Market Sentiment - Concerns are growing that President Trump may appoint a dovish Fed Chair, which could negatively impact the dollar [2] - Markets are pricing in a 0% chance of a rate cut by the European Central Bank at the upcoming policy meeting, indicating a divergence in central bank policies between the Fed and the ECB [6]

On Friday, the president told telling the Wall Street Journal he was leaning towards [music] choosing Hasset for former Federal Reserve uh and Governor Worsh also potentially to run the Fed. Steve Leeman joins us now on more with some commentary on the two Kevin. Who do what do you think.Poly Market says Hasset. Are you on the Hasset end or on the worst end. >> I I'm on either end. I'm on the end of trying to report what's going on.>> Well, I'm not saying what you're who you who you'd like. I'm saying but t ...

JPMorgan Chase’s $4 trillion asset-management division is launching its first tokenized money-market fund on the Ethereum blockchain, according to a Wall Street Journal report. The bank will initially seed the vehicle with $100 million of its own capital before opening it to external investors from Tuesday. JPMorgan Brings Money Markets Onchain According to the WSJ report the private fund, called the My OnChain Net Yield Fund — or “MONY” — is built on JPMorgan’s in-house tokenization platform, Kinexys ...

Cleveland Fed President Beth Hammack said on Friday that she would prefer interest rates to be somewhat more restrictive to continue putting pressure on inflation, which remains too high. “Right now, we’ve got policy that’s right around neutral,” Hammack said. Also, Kansas City Fed President Jeffrey Schmid said he dissented against the latest FOMC’s decision to cut interest rates because inflation remains “too high” and policy should stay modestly restrictive to contain it. At the same time, Chicago Fed Pre ...

Moderate weakness in this week’s US job numbers could feed bullishness toward stocks by increasing the probability of further Federal Reserve interest-rate cuts, according to Morgan Stanley strategist Michael Wilson. Investors are looking to the data for clues on whether the Fed is close to being done easing monetary policy, after three straight cuts, or if it needs to move more aggressively. Most Read from Bloomberg “We are now firmly back in a good is bad/bad is good regime,” Wilson wrote in a note, ...