00:51:07
Fed Chairman Powell: We know higher interest rates will slow down the economy.
00:50:46
Fed Chairman Powell: The Fed must make restoring price stability a cornerstone of the economy.
00:50:35
Fed Chairman Powell: There is a path that can bring inflation down to 2% without causing massive job losses, and we are on that path.
00:43:56
Fitch: U.S. retail sales are expected to decline by low single digits in 2024, especially in the discretionary category.
00:43:15
The survey showed that OPEC production fell by 140,000 barrels per day in November to 28 million barrels per day.
00:42:42
Fed Chairman Powell: The Fed releases a lot of data on inequality.
00:42:32
Fed Chairman Powell: The most important thing the Fed can do is to return the United States to a period of long-term expansion and stable employment to reduce inequality.
00:40:12
Federal Reserve Chairman Powell: We are very concerned about international economic flows.
00:39:46
Eurogroup Chairman Donoghue: Eurozone economic growth is expected to exceed 1% in 2024.
00:36:33
U.S. 2- to 5-year Treasury bond yields fell more than 10 basis points on the day
00:36:10
Eurogroup Chairman Donoghue: The euro zone deficit is expected to continue to decline in 2024.
00:35:51
The 2-year U.S. Treasury yield fell 10 basis points on the day to 4.57%.
00:29:41
Fed Chairman Powell: U.S. fiscal policy is unsustainable in the long term.
00:29:06
Fed Chairman Powell: It is important that the Fed does not interfere in the election of officials.
00:28:34
The U.S. dollar index DXY continued to fall and turned lower during the day. It fell more than 10 points in the short term and is now at 103.38.
00:27:17
German 2-year yields were on track for their biggest one-day drop since March 23.
00:26:56
Three-month copper prices on the London Metal Exchange (LME) rose to $8,609.5 a ton, their highest level since August 4.
00:20:21
The U.S. 2-year Treasury yield fell to its lowest level since June 13, falling 12.3 basis points to 4.5921% on the day.
00:18:18
COMEX gold futures rose 1.00% during the day and are now trading at $2,077.80 per ounce.
00:18:14
U.S. Treasuries recovered; yields across all maturities hit day lows.