US weekly Initial Jobless Claims decline to 214,000 vs. 223,000 expected

There were 214,000 Initial Jobless Claims in the week ending December 20, a decrease of 10,000 from the previous week’s unrevised level, the US Department of Labor (DOL) reported on Wednesday. This reading came in better than the market expectation of 223,000. In this period, the 4-week moving average declined by 750 to 216,750. “The advance number for seasonally…

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Momentum improves, but downside risks linger below $60

West Texas Intermediate (WTI) Crude Oil trades little changed on Wednesday as markets slip into holiday mode, with prices hovering near two-week highs amid thin liquidity. The US benchmark remains underpinned by rising tensions between the United States and Venezuela, which have added a modest geopolitical risk premium. At the time of writing, WTI is trading around $58.33 per…

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ICYMI – Rising yields force Japan to budget for higher debt-servicing costs

Summary Japan plans to assume a 3% interest rate on bond expenses in its FY26 budget The assumption reflects rising JGB yields and BOJ policy normalisation It marks the highest budgeted rate in roughly two decades Higher debt-servicing costs could constrain fiscal flexibility The move signals a more realistic acceptance of a higher-rate environment – Japan’s government is reportedly…

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Silver rises for fourth day amid Fed easing bets, safe-haven demand

Silver (XAG/USD) trades around $72.05 on Wednesday at the time of writing, up 0.70% on the day. The white metal extends its bullish momentum for a fourth straight day and reached a fresh all-time high at $72.71 earlier in the day, highlighting sustained investor appetite for precious metals. Expectations of an accommodative monetary policy from the Federal Reserve (Fed)…

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Bank of Japan Services Producer Price Index (November) +2.7% y/y (expected & prior 2.7%)

The Corporate Service Price Index (CSPI), more commonly referred to as Japan’s services producer price index, measures the change in prices charged between companies for services, such as transport, communications, advertising and other business-to-business services. Unlike traditional producer price indexes focused on goods, the CSPI captures service-sector price pressures that can be a leading signal for consumer inflation and…

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OKLO’s AI nuclear hype meets a cold technical reality

Oklo Inc. (OKLO) has become a favorite for investors looking to play the intersection of advanced nuclear technology and the massive power demands of AI data centers. Their fast fission reactors are a compelling story, but the fundamental timeline remains a major hurdle. As of today, Oklo has zero operational plants. Furthermore, management doesn’t expect to have a plant…

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Chart Art: ETH Struggles Below Key Moving Averages as $3,000 Proves Stubborn!

Article Highlights Bearish Structure Dominates: ETH trapped below both 50 and 200 SMAs. Price down 23% from November highs. $3,000 is the Line in the Sand: Bulls must break both to flip the trend. Multiple failed attempts already. Momentum Shows No Conviction: Williams %R at -58.16 signals indecision. Neither bulls nor bears in control. Range-bound chop likely continues. Merry…

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