Bitcoin at a low start to new galaxies

Major money management firms are increasingly confident that the Securities and Exchange Commission (SEC) will make cryptocurrency history in early January by approving the first spot Bitcoin exchange-traded fund, FOX Business has learned. Sources close to these companies say recent guidance from SEC officials is that the green light will likely be given by January…

Main economic events of the day

09:00 AM EET – Interest rate decision in America. 10:30 AM EET – FOMC press conference One of the most important events in the financial world that will take place this week. Taking into account the latest data on inflation, which the American regulator has successfully managed to curb, its growth has declined like an…

Why is oil getting cheaper?

This year, the United States has increased its highest oil production. Rapidan Energy analysts estimate U.S. production will average 13.3 million barrels per day next year, up from the 2023 average of 13 million and above the current all-time record of 13.2 million reached in September. The rapid growth of oil production in the United…

SP500 Index – 4X leverage

The exchange-traded product, which allows investors to make large bets on the S&P 500, launched Tuesday, according to a press release from its sponsor, Bank of Montreal. It’s called the MAX S&P 500 4X Exchange Traded Note XXXX and offers investors daily returns four times the S&P 500 Total Return Index. The fund’s sponsor, Max…

What they say about gold

CNBS analysts from a major American financial news channel predict very strong demand for gold. Usually, when such judgments and forecasts are poured into the masses, everything happens exactly the opposite. BUT! There are compelling arguments and a very likely scenario here. “The expected weakening of the US dollar and interest rates in 2024 is…