EUR/USD holds mild gains as Eurozone PMI contracts at slower pace, Fed policy remains key

December 16, 2024

EUR/USD gains slightly to near 1.0515 ahead of the preliminary PMI data of both the Eurozone and the US for December. The ECB is expected to cut interest rates further by 100 bps next year. Investors will keenly focus on the Fed’s dot plot for fresh interest rate projections in the US.

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Market Capitalization Growth of the Four Largest U.S. Banks (2000–2024) The combined market capitalization of J.P. Morgan, Bank of America, Citigroup, and Wells Fargo increased by 33% in 2024, rising from $1.04 trillion in December 2023 to $1.38 trillion by year-end.

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Mark Zuckerberg says the Biden admin called his employees and “screamed and cursed” at them to take down memes and Covid vaccine content. Did anyone have any doubts that META had met the requirements?

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EUR/USD holds mild gains as Eurozone PMI contracts at slower pace, Fed policy remains key

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Market Capitalization Growth of the Four Largest U.S. Banks (2000–2024) The combined market capitalization of J.P. Morgan, Bank of America, Citigroup, and Wells Fargo increased by 33% in 2024, rising from $1.04 trillion in December 2023 to $1.38 trillion by year-end.

Mark Zuckerberg says the Biden admin called his employees and “screamed and cursed” at them to take down memes and Covid vaccine content. Did anyone have any doubts that META had met the requirements?