S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketGold traded around $4,270 per ounce on Friday, holding near a seven-week high and heading for a weekly gain, supported by expectations of further US monetary easing. Fresh signs of labor market cooling reinforced views that the Federal Reserve may deliver two rate cuts in 2026. Jobless claims for the week of December 6 rose more than expected, reaching their highest level in over two months. The data came after the Fed delivered its third 25 bps cut of the year and adopted a less hawkish tone than markets anticipated. Chair Powell signaled that additional rate hikes are essentially off the table, prompting traders to price in two cuts for 2026, even though the Fed’s projections suggest only one. At the same time, the Fed announced it will purchase about $40 billion in short-term Treasury bills to ease money market strains, a move expected to cap short-term yields and support precious metals.
