China’s Nio said it would launch its new Firefly electric vehicle brand in Europe early in the first half of 2025, betting that it would help the company overcome European Union tariffs. Nio unveiled the Firefly brand on Saturday and touted it as a rival product to Mercedes’ Smart and BMW’s Mini.
NIO shares gained 1.3% in the last session. The MACD is giving a negative signal.
Support: 4.2465 | Resistance: 4.8166
MicroStrategy (MSTR) will be included in the Nasdaq 100 stock market index, beginning one of the ultimate vampire attacks on the stock market.
European shares were on course to post their worst week in three months on Friday, as U.S. President-elect Donald Trump’s comments about potential tariffs on the European Union further spooked investors already worried about the rate outlook.
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy’s resilience, which saw the Federal Reserve this week projecting fewer interest rate cuts in 2025 than it had in September.
Oil prices settled higher after U.S. crude inventories fell and the U.S. Federal Reserve cut interest rates as expected, but gains were capped as the Fed signalled it would slow the pace of cuts.
The Oil-Dollar pair rose 0.8% in the last session. The Stochastic indicator is giving a positive signal.
Support: 68.43 | Resistance: 71.91
Cryptocurrency exchanges in Europe are continuing to support Tether’s USDt stablecoin, even after Coinbase announced its delisting for European customers to comply with upcoming regulatory requirements. Top exchanges, including Binance, Crypto.com and Kraken, have retained trading support for Tether’s USDt.
After a 2.7% dip during the last session, the Bitcoin-Dollar pair closed with a 1.2% drop. The Williams indicator is giving a negative signal.
Support: 99546 | Resistance: 109236
