Fed Rate Cut Weakens Yuan, Hong Kong Mirrors Move
The U.S. Federal Reserve cut its key interest rate by 25 basis points, causing the offshore yuan to weaken to 7.3218 against the dollar; the Hong Kong Monetary Authority also reduced its base rate by 25 basis points to 4.75%; China maintained its loan prime rates, while the market anticipates furthe...
Fed Rate Cut Weakens Yuan, Hong Kong Mirrors Move
The U.S. Federal Reserve cut its key interest rate by 25 basis points, causing the offshore yuan to weaken to 7.3218 against the dollar; the Hong Kong Monetary Authority also reduced its base rate by 25 basis points to 4.75%; China maintained its loan prime rates, while the market anticipates furthe...
Progress
32% Bias Score
Global Markets Tumble Following US Rate Cut
European markets fell 1% following US Federal Reserve rate cuts and declines in Asian and US markets; the Bank of England is expected to keep interest rates unchanged at 4.75%; the Japanese yen fell to a four-week low, while the Euro and British Pound strengthened against the dollar.
Global Markets Tumble Following US Rate Cut
European markets fell 1% following US Federal Reserve rate cuts and declines in Asian and US markets; the Bank of England is expected to keep interest rates unchanged at 4.75%; the Japanese yen fell to a four-week low, while the Euro and British Pound strengthened against the dollar.
Progress
40% Bias Score
Fed Rate Cut Disappoints Markets, Triggering Sharp Sell-Off
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, reducing its target range to 4.25%-4.5%, while revising its 2025 rate cut projections from four to two; this triggered a sharp sell-off in U.S. markets, which continued into Asia-Pacific markets; the Bank of Japan hel...
Fed Rate Cut Disappoints Markets, Triggering Sharp Sell-Off
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, reducing its target range to 4.25%-4.5%, while revising its 2025 rate cut projections from four to two; this triggered a sharp sell-off in U.S. markets, which continued into Asia-Pacific markets; the Bank of Japan hel...
Progress
48% Bias Score
Market Volatility: Micron's Dip, Housing Slowdown, and Oversold Market
Micron Technology's stock plunged 11% despite strong earnings, citing weak cellphone and PC demand; Lennar Corp.'s Q4 earnings missed expectations due to high interest rates; the S&P 500 Short Range Oscillator is at its most oversold level, hinting at a possible market rebound.
Market Volatility: Micron's Dip, Housing Slowdown, and Oversold Market
Micron Technology's stock plunged 11% despite strong earnings, citing weak cellphone and PC demand; Lennar Corp.'s Q4 earnings missed expectations due to high interest rates; the S&P 500 Short Range Oscillator is at its most oversold level, hinting at a possible market rebound.
Progress
60% Bias Score
Fed Rate Cut Triggers Biotech Market Downturn
The Federal Reserve's interest rate cut negatively impacted the stock market, particularly biotech, due to concerns over persistent inflation and fewer expected rate cuts in 2025, potentially hindering innovation and patient access to new treatments.
Fed Rate Cut Triggers Biotech Market Downturn
The Federal Reserve's interest rate cut negatively impacted the stock market, particularly biotech, due to concerns over persistent inflation and fewer expected rate cuts in 2025, potentially hindering innovation and patient access to new treatments.
Progress
48% Bias Score
Bank of England Holds Rates Amid Inflationary Pressures
The Bank of England's Monetary Policy Committee voted 6-3 to hold the Bank rate at 4.75% on December 18th, 2024, despite higher-than-expected wage rises and inflation, signaling a continued, albeit uncertain, path towards gradual interest rate cuts next year.
Bank of England Holds Rates Amid Inflationary Pressures
The Bank of England's Monetary Policy Committee voted 6-3 to hold the Bank rate at 4.75% on December 18th, 2024, despite higher-than-expected wage rises and inflation, signaling a continued, albeit uncertain, path towards gradual interest rate cuts next year.
Progress
40% Bias Score
New Zealand Enters Recession as GDP Plunges 1.0%
New Zealand's economy experienced a sharper-than-expected 1.0% GDP contraction in the September quarter, marking a recession and prompting predictions of further interest rate cuts by the Reserve Bank of New Zealand, amid government concerns over the central bank's role.
New Zealand Enters Recession as GDP Plunges 1.0%
New Zealand's economy experienced a sharper-than-expected 1.0% GDP contraction in the September quarter, marking a recession and prompting predictions of further interest rate cuts by the Reserve Bank of New Zealand, amid government concerns over the central bank's role.
Progress
44% Bias Score
Fed's Revised Rate Cut Projection Triggers Wall Street Sell-off
Wall Street experienced a sell-off after the Federal Reserve projected fewer rate cuts in 2025 than previously anticipated, causing major indexes to decline as investors adjusted to a less dovish outlook and higher inflation.
Fed's Revised Rate Cut Projection Triggers Wall Street Sell-off
Wall Street experienced a sell-off after the Federal Reserve projected fewer rate cuts in 2025 than previously anticipated, causing major indexes to decline as investors adjusted to a less dovish outlook and higher inflation.
Progress
44% Bias Score
Bank of England Holds Rates Amidst Inflation and Growth Concerns
The Bank of England's Monetary Policy Committee voted 6-3 to hold interest rates at 4.75% due to October's wage growth exceeding 5% and inflation reaching 2.6%, despite concerns about zero economic growth following Labour's budget and the risk of recession.
Bank of England Holds Rates Amidst Inflation and Growth Concerns
The Bank of England's Monetary Policy Committee voted 6-3 to hold interest rates at 4.75% due to October's wage growth exceeding 5% and inflation reaching 2.6%, despite concerns about zero economic growth following Labour's budget and the risk of recession.
Progress
48% Bias Score
Fed Rate Cut Triggers Market Sell-Off Despite Lower Borrowing Costs
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, but the Dow Jones Industrial Average dropped over 1000 points due to the Fed's revised dot plot indicating only two rate reductions expected in 2025, fewer than previously anticipated. This caused disappointment among...
Fed Rate Cut Triggers Market Sell-Off Despite Lower Borrowing Costs
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, but the Dow Jones Industrial Average dropped over 1000 points due to the Fed's revised dot plot indicating only two rate reductions expected in 2025, fewer than previously anticipated. This caused disappointment among...
Progress
40% Bias Score
Australian Market Set for Drop After US Fed Rate Cut Revision
The Australian share market is anticipated to fall after a $50 billion drop on Thursday, influenced by the US Federal Reserve's prediction of fewer 2025 rate cuts than expected, causing global market instability and pushing the Australian dollar to a two-year low.
Australian Market Set for Drop After US Fed Rate Cut Revision
The Australian share market is anticipated to fall after a $50 billion drop on Thursday, influenced by the US Federal Reserve's prediction of fewer 2025 rate cuts than expected, causing global market instability and pushing the Australian dollar to a two-year low.
Progress
40% Bias Score
Fed's Hawkish Projections Send Gold Prices Lower, Despite Analysts' Positive Outlook for 2025
The Federal Reserve's unexpectedly hawkish interest rate projections jolted markets, causing gold prices to fall 2% to a one-month low despite analysts predicting continued support for the precious metal in 2025 due to increased central bank purchases and safe-haven demand.
Fed's Hawkish Projections Send Gold Prices Lower, Despite Analysts' Positive Outlook for 2025
The Federal Reserve's unexpectedly hawkish interest rate projections jolted markets, causing gold prices to fall 2% to a one-month low despite analysts predicting continued support for the precious metal in 2025 due to increased central bank purchases and safe-haven demand.
Progress
32% Bias Score