🌅 Morning Update (05.12.2024) 📈 Wall Street Hits New Highs Nasdaq100 surged +1.2% S&P 500 gained +0.6% 🚀 Salesforce soared +10%, boosted by raised forecasts and positive feedback on its AI assistant, Agentforce. 💬 Fed Update Jerome Powell signals the U.S. economy is strong 💪, allowing the Fed to ease monetary policy at a slower pace. 💲 Forex and Bonds The USD weakens slightly: EUR/USD +0.15% at 1.0526 10-year bond yields steady at 4.19% 🗂 Fed Beige Book: Modest price rises, slight economic growth across districts. 🛢 Commodities Energy: Crude oil trades slightly lower, overall stable. Precious metals: Gold is flat this morning. 🌾 Agriculture: Soybean and wheat futures gaining momentum. 💎 Crypto Corner Bitcoin 🚀 +3.5%, smashing the $100,000 barrier to hit a historic high near $103,500. 🏛 SEC News: Donald Trump appoints Paul Atkins, linked to blockchain, as the new chairman. 🌍 Global Economic Data 🇨🇭 Swiss unemployment: Steady at 2.6% (vs. 2.7% expected). 🇦🇺 Australia trade balance: Surged to AUD 5.95B (vs. AUD 4.55B forecast). 🇸🇬 Singapore retail sales: Slightly lower at +2.2% (vs. +2.4% expected). 🕒 Today's Key Events 🇩🇪 German industry data: 7 AM GMT 🇪🇺 Eurozone retail sales: 10 AM GMT 🇺🇸 US unemployment claims: 1:30 PM GMT 🇺🇸 Challenger layoffs report: 12:30 PM GMT 🛢 OPEC+ meeting: 11:30 PM GMT 📊 Stay tuned for more updates!