This Week's Macro Outlook: Fed Minutes Hint at Rate Cut Next Year

BlockBeats News, December 27th. Last week, despite the Christmas holiday in the peripheral market, the prices of gold, silver, and platinum all soared to historic highs, continuing the precious metals' historic year-end rally. Buoyed by safe-haven sentiment and rate cut expectations, spot gold continued to hit new record highs, with the highest approaching $4550 per ounce on Friday, up over 70% year-to-date. Silver's performance was even more fierce, breaking through key levels and setting new records. The highest point on Friday surged above $79 per ounce, with a single-day gain of over 10%.

Wednesday 03:00, the Fed released the minutes of the monetary policy meeting;

Wednesday 21:30, US initial jobless claims for the week ending December 27th;

Friday 22:45, US December final value of the S&P Global Manufacturing PMI.

Investors are looking forward to the U.S. stock market ending 2025 on a strong note this week, closing out another robust year. Major U.S. stock indices are expected to close higher in December, with the market shrugging off earlier month volatility due to weakness in tech stocks, driven by concerns about spending in the artificial intelligence sector.