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Powell is scheduled to speak later in the day, likely marking the last public remarks before the Fed's December meeting
In the UAE, gold rates fell by AED3.75, with 24-carat gold priced at AED318.25 and 22-carat gold at AED294.50
Brent crude futures for February increased by 0.3 percent to $72.02 a barrel
S&P now forecasts Chinese GDP growth of 4.1 percent in 2025 and 3.8 percent in 2026
January Brent oil futures dipped 0.1 percent to $72.78 a barrel
President-elect Trump threatens new trade tariffs on China, Canada, and Mexico, sparking fears of a trade war
Brent oil futures set to expire in January dropped by 0.3 percent to $72.80 per barrel
With Trump back in focus, the precious metals market may see some uncertainty ahead
Over 16 years after its creation, Bitcoin seems closer than ever to mainstream acceptance
Since the US election, more than $4 billion has streamed into U.S.-listed Bitcoin exchange-traded funds
Trump stated that DOGE aims to cut excessive regulations, reduce wasteful spending, and reorganize federal agencies
Bluesky gained over 2.5 million new users in just a week after the election
The International Energy Agency expects global oil supply to exceed demand in 2025 even if OPEC+ output cuts remain in place
Trump embraced crypto during his campaign, promising to make the U.S. the 'crypto capital of the planet'
Brent oil futures for January delivery decreased by 0.1 percent, settling at $72.23 per barrel
The department will provide advice and guidance from outside the government
Investors are focusing on upcoming inflation data for clues on how the economy may shift after the election results
Higher inflation levels may force the Fed to a slower easing path, further supporting the dollar and impacting gold prices
Brent oil futures for January increased by 0.2 percent, reaching $71.95 a barrel
Bitcoin reached $89,637 in Asia, up over 25 percent since November 5
Brent oil futures for January dropped 0.2 percent to $73.72 per barrel
Trump embraced crypto during his campaign, promising to make the U.S. the 'crypto capital of the planet'
January Brent oil futures climbed 0.5 percent to $75.28 a barrel
Trump's victory fueled questions about whether the Federal Reserve may proceed to cut rates at a slower and smaller pace
