World Market News of the 4 January with FXOpen #federalreserve #ustreasury #nifty50 #arkinvest

UNCERTAINTY OVER POLICY PATH US Federal Reserve officials are largely in favor of interest rate cuts in 2024, according to the minutes of the Federal Open Market Committee meeting in December. However, there was “unusually elevated degree of uncertainty” over when — or even if — cuts will actually happen this year. Still, markets are expecting six quarter-point cuts. Source: CNBC BLOW TO MARKETS US markets fell Wednesday, spooked by minutes of the Fed meeting in December, as the 10-year U.S. Treasury yield briefly topped the 4% mark. Asia-Pacific markets followed Wall Street lower Thursday. Both mainland China and Hong Kong’s indexes fell even as business activity in both places picked up in December. Bucking the trend, India’s Nifty 50 Index added around 0.6%. Source: CNBC CATHIE WOOD BUYS TESLA SHARES JUST AS WALL STREET’S VIEW DIMS Cathie Wood has started buying Tesla Inc. shares after selling them for most of last year. Her purchases come at a time when Wall Street’s outlook on the electric-vehicle maker is darkening rapidly. Funds operated by Wood’s firm Ark Investment Management LLC have bought about 216,000 shares of the company over investments made on Dec. 20 and Jan. 3, according to Ark’s daily trading data compiled by Bloomberg. Before the current buying streak, Ark had largely sold shares in the EV maker for three straight quarters. Tesla shares fell 4% to close at $ on Wednesday. Source: Bloomberg 🌐 FXOpen official website: Join us on our social networks: ✅ ✅ ✅ ✅ CFDs are complex instruments and come with a high risk of losing your money.