Next Week's Macro Outlook: Fed Minutes May Reveal Clues About Rate Cuts Next Year
BlockBeats News, December 27 — Last week, despite the Christmas holiday in overseas markets, the prices of gold, silver, and platinum all soared to historic highs, continuing the historic year-end rally in precious metals. Driven by risk aversion and expectations of interest rate cuts, spot gold repeatedly hit new all-time highs, reaching nearly $4,550 per ounce on Friday, with a cumulative increase of over 70% this year. Silver's performance was even more aggressive, continuously breaking through key levels and setting new records, surging above $79 per ounce on Friday, with a single-day increase of over 10%.
At 03:00 on Tuesday, the Federal Reserve will release the minutes of its monetary policy meeting;
At 21:30 on Wednesday, the number of initial jobless claims in the US for the week ending December 27 will be announced;
At 22:45 on Friday, the final value of the US S&P Global Manufacturing PMI for December will be released.
Investors are looking forward to the US stock market ending 2025 with strong momentum next week, thus capping off another robust year. The major US stock indexes are expected to close higher in December, after the market overcame volatility earlier this month caused by weakness in tech stocks, which was due to concerns over spending in the artificial intelligence sector.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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