Pippo

From the Nasdaq shattering the 20,000 barrier to gold’s surge toward $2,700 and bitcoin’s rollercoaster ride, the week’s drama has traders rethinking their playbooks for 2025.

We saw a whirlwind of central bank decisions and geopolitical surprises, with policy divergence reshaping currency dynamics and data surprises keeping traders on their toes.

Markets showed heightened sensitivity to inflation data on Thursday, with the hotter-than-expected U.S. PPI report further dampening expectations for aggressive Fed easing in 2025.

The European Central Bank (ECB) lowered its key interest rates by 0.25% as expected, bringing the deposit facility rate to 3.00%, while signaling a potentially more measured approach to future cuts.

The Swiss National Bank (SNB) delivered a larger-than-expected interest rate cut at its December policy meeting, lowering its policy rate by 50 basis points to 0.50%.

Australia’s labor market showed considerable strength in November, with employment growing more than forecasted and the unemployment rate falling to 3.9%.

Risk was ON like Donkey Kong yesterday, thanks to the latest U.S. inflation data all but greenlighting a potential Fed rate cut next week.

The Bank of Canada (BOC) reduced its target for the overnight rate by 50 basis points to 3.25% in their December statement, marking its fifth consecutive rate cut since June.

The ECB is widely expected to cut its interest rates in December. How does EUR usually react to the central bank statement and press conference?

Is the Swiss National Bank gearing up to announce its fourth interest rate cut in a row? Or will SNB policymakers take it easy and keep rates on hold for the time being?