Market Updates and News: The first week of 2024 is full of market updates and Assets volatility, in this report,
Evest will provide you with the most important news so you don’t miss the opportunities
Here are the latest Market Updates and News of the week

Topics

US Fed Funds Interest Rate

GDP growth

Gold News

Stocks News

Cryptocurrency News

Economic Calendar Events

US Fed Funds Interest Rate

The Federal Reserve kept the fed funds rate steady at 5.25%-5.5% for a third consecutive meeting in December 2023,
in line with expectations but indicated 75bps cuts in 2024.

GDP growth

GDP growth is expected to be higher this year (2.6% vs 2.1% in the September projection),
but slightly lower in 2024 (1.4% vs 1.5%).
The US is starting the new year with a lot of red directions as the national debt surpassed $34T for the first time.

Gold News

The Gold prices were down about 1% to $2040 an ounce, dragged down by a stronger dollar
Gold kicked off 2024 on a negative note as markets scaled back bets on interest rate cuts from major central banks

Stocks News

Tesla: Tesla Reported Record Deliveries and deliveries in the fourth quarter exceeded Wall Street predictions,
as the global EV giant sold a record-setting number of vehicles and hit full-year expectations.

Chevron: Chevron increased to a 9-week high of 153.07 USD

Coke: Coca-Cola increased to a 17-week high of 60.08 USD.

Airbus: Airbus decreased to a 4-week low of 136.80 EUR.

LVMH: LVMH decreased to a 4-week low of 708.30 EUR.

Cryptocurrency News

Bitcoin and Ether are experiencing declines. Ether has slipped (-6.81%). Bitcoin is down (-5.41%.)

Economic Calendar Events

Thursday, January 04 2024

Inflation Rate YoY – FR

Inflation Rate YoY – DE

Friday, January 05 2024

Inflation Rate YoY – EU

Unemployment Rate – CA

NFP – US

ISM Service PMI – US

Market Updates and News

Market Updates and News

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