Jerry Lin
The Latest
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Gold Prices Soar, Boosting Related Stocks Amid Fed Rate Cut Speculation
The international gold price has reached a new historical high. On December 4, COMEX gold futures continued their upward trend from the previous week, briefly surpassing the $2,150 per ounce mark. Spot gold broke through the $2,100 per ounce barrier, reaching a high of $2,144.68 per ounce, setting a new record. 
The international gold price has reached a new historical high. On December 4, COMEX gold futures continued their upward trend from the previous week, briefly surpassing the $2,150 per ounce mark. Spot gold broke through the $2,100 per ounce barrier, reaching a high of $2,144.68 per ounce, setting a new record. -
Bitcoin Soars to $40K, Sparking New Crypto Market Frenzy
Bitcoin has once again made headlines by reaching the notable mark of $40,000 for the first time in 19 months. 
Bitcoin has once again made headlines by reaching the notable mark of $40,000 for the first time in 19 months. -
Global Oil Prices Stagnate Despite Major OPEC+ Production Cuts
This tepid response is attributed to skepticism about the effectiveness of these voluntary cuts, uncertainty about global economic growth, and market expectations for more substantial reductions. 
This tepid response is attributed to skepticism about the effectiveness of these voluntary cuts, uncertainty about global economic growth, and market expectations for more substantial reductions. -
Inflation Decline in U.S. and Eurozone Fuels Expectations for Interest Rate Cuts
These figures represent the lowest monthly inflation rates recorded by these major economies during the current inflation and interest rate hike cycle. 
These figures represent the lowest monthly inflation rates recorded by these major economies during the current inflation and interest rate hike cycle. -
Bitcoin Breaks $38,000 Amid ETF Approval Anticipation and Corporate Acquisitions
The cryptocurrency market has witnessed a significant surge, with Bitcoin, the pioneering digital currency, breaking the $38,000 barrier. 
The cryptocurrency market has witnessed a significant surge, with Bitcoin, the pioneering digital currency, breaking the $38,000 barrier. -
Franklin Templeton CEO Foresees Potential Fed Rate Cut by 100 Basis Points Next Year
Jenny Johnson, President and CEO of Franklin Templeton, one of the world's largest asset management firms overseeing more than $1.4 trillion in assets, predicted a potential reduction in the Federal Reserve's interest rates by 100 basis points next year. Johnson shared her insights at the second Abu Dhabi Finance Week's Asset Forum on November 28. 
Jenny Johnson, President and CEO of Franklin Templeton, one of the world's largest asset management firms overseeing more than $1.4 trillion in assets, predicted a potential reduction in the Federal Reserve's interest rates by 100 basis points next year. Johnson shared her insights at the second Abu Dhabi Finance Week's Asset Forum on November 28. -
OECD Forecasts Global Economy to Avoid Hard Landing in Next Two Years, Warns of Significant Risks from Israel-Palestine Conflict
The Organisation for Economic Co-operation and Development (OECD) updated its global economic outlook report on November 29, analyzing trends and prospects for the next two years. 
The Organisation for Economic Co-operation and Development (OECD) updated its global economic outlook report on November 29, analyzing trends and prospects for the next two years. -
India's GDP Grows 7.6% in Q2, Surpassing Expectations with Manufacturing Boost
India's economy in the second quarter outperformed expectations, according to the latest data released by the Indian Statistical Office on Thursday. The country's Gross Domestic Product (GDP) for the second quarter (July-September) of the fiscal year 2023-2024 grew by 7.6%, slightly lower than the 7.8% growth recorded in the first quarter (April-June). 
India's economy in the second quarter outperformed expectations, according to the latest data released by the Indian Statistical Office on Thursday. The country's Gross Domestic Product (GDP) for the second quarter (July-September) of the fiscal year 2023-2024 grew by 7.6%, slightly lower than the 7.8% growth recorded in the first quarter (April-June). -
OPEC+ Decides on Over 1 Million Bpd Cut Amid Global Price Tumbles
The group, responsible for over 40% of the world's oil production, is poised to implement cuts of at least 1 million barrels per day (bpd) starting early next year. 
The group, responsible for over 40% of the world's oil production, is poised to implement cuts of at least 1 million barrels per day (bpd) starting early next year. -
FTX Authorized to Liquidate $900M in Trust Assets for Creditor Repayment
FTX, the once-celebrated cryptocurrency exchange that faced a dramatic collapse in 2022, has received court approval to liquidate nearly $900 million in trust assets. This significant move, authorized by a Delaware bankruptcy court, aims to reimburse creditors affected by the downfall of the crypto giant. The approval marks a crucial step in unraveling the complex financial web that led to the exchange's implosion. 
FTX, the once-celebrated cryptocurrency exchange that faced a dramatic collapse in 2022, has received court approval to liquidate nearly $900 million in trust assets. This significant move, authorized by a Delaware bankruptcy court, aims to reimburse creditors affected by the downfall of the crypto giant. The approval marks a crucial step in unraveling the complex financial web that led to the exchange's implosion.
