4E: Market activity has increased significantly. This week, we will focus on the core PCE price index and Federal Reserve meeting minutes
News on November 25, according to 4E monitoring, the three major U.S. stock indexes collectively closed up last Friday. The Dow rose nearly 1% to a record high. The S & P 500 Index rose 0.35%, rising for five consecutive trading days. The Nasdaq Index rose 0.16%. In terms of performance in the week, the Dow has gained 2%, while the S & P 500 and Nasdaq have gained 1.7%. With the gradual implementation of "Trump Cabinet 2.0", the market is generally optimistic about the implementation of Trump's tax cuts and deregulatory policies. Cryptocurrencies showed an upward trend last week, and the market sentiment index remained in a greedy stage, showing investors 'optimistic expectations for future price movements. Altcoins generally increased significantly following the trend of the broader market, and the popularity of the Meme project dropped last week. In terms of foreign exchange stocks, the US dollar index rose nearly 1% last week to reach the 108 mark and hit a two-year high. The bleak economic outlook in the euro zone has depressed oil demand expectations, with oil prices rising by about 6% last week as the best in two months. The price of gold rose continuously on Friday, with a weekly rise of 5.7%, the largest weekly increase in nearly two years. After Trump won the presidential election, the Federal Reserve became increasingly cautious in its stance on interest rate cuts. The minutes of the Federal Reserve's November meeting and the Federal Reserve's favorite inflation indicator, the PCE Price Index, will be released on Tuesday and Wednesday local time, which may cause waves in the market. Investors currently expect the possibility of the Federal Reserve cutting interest rates in December to be slightly higher than 50%. ee.com is a financial trading platform that supports cryptocurrencies, stock indices, bulk gold, foreign exchange and other assets. It recently launched the USDT stablecoin wealth management product with an annualized yield of 5.5%, providing investors with potential safe-haven options. 4E reminds you to pay attention to market volatility risks and rationally allocate assets.
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