Skip to main content

Featured

Wall Street Futures Climb on Fed Cut Hopes as Bitcoin Extends Steep Decline

US markets staged a rebound Friday morning, with futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq all moving higher after a turbulent week. The rally was fueled by growing bets that the Federal Reserve could cut interest rates at its upcoming December meeting, following dovish comments from New York Fed President John Williams. His remarks shifted sentiment sharply, with nearly 70% of traders now expecting a rate cut. Dow futures gained 0.7% , leading the advance. S&P 500 futures rose 0.5% , while Nasdaq futures added 0.4% . The optimism comes after Thursday’s sharp sell-off, underscoring the volatility gripping markets as investors weigh AI-driven risks and Fed policy divisions. Meanwhile, cryptocurrencies continued to struggle. Bitcoin plunged to around $82,000 , marking its worst month since the 2022 crypto collapse. The decline reflects heavy institutional outflows, miner sell-offs, and broader risk-off sentiment across digital assets.
Post a Comment
Read more

article

Labels

Ukraine's Minerals Deal: A Strategic Shift Amid Controversy

Senior Russian security official Dmitry Medvedev has criticized the recent minerals agreement between Ukraine and the United States, claiming it forces Kyiv to pay for U.S. military aid with its natural resources. The deal, signed in Washington, grants the U.S. preferential access to Ukrainian minerals and establishes a joint Reconstruction Investment Fund to support Ukraine's post-war recovery.

Medvedev, a former Russian president, described the agreement as a move that exploits Ukraine's national wealth, calling it a "payment for military supplies." The deal comes at a time when the U.S. is reportedly frustrated by the lack of progress in peace talks between Moscow and Kyiv.

While Ukrainian officials have emphasized that the agreement ensures Ukraine retains ownership of its resources and does not create debt obligations, Medvedev's remarks highlight the geopolitical tensions surrounding the deal. The agreement also signals a shift in U.S. policy under President Trump, who has sought compensation for aid provided to Ukraine during its conflict with Russia.

The minerals deal is seen as a strategic partnership aimed at strengthening Ukraine's economy and security, but it has sparked debate over its implications for Ukraine's sovereignty and long-term stability.

Labels:

Comments

Post a Comment