bpupdate

💥 MARKET NEWS FLASH — 24.12.2025 💥
😐 Trump on Rates: Former President Donald Trump stated that his pick for the next Federal Reserve chair should cut rates if markets climb, citing Q3 GDP at 4.3%, US500 at record highs, current rates at 3.5%–3.75%, and his target near 1%.
🇦🇺 AUD Update: The Australian dollar rose 0.2% to $0.6713, marking its highest level since October 2024. It’s up 1.5% this quarter as markets price in a potential June RBA rate hike and movement toward $0.68.
🥇 Gold Surge: Gold soared past $4,500/oz (peak $4,525.77), up roughly 70% in 2025, driven by haven demand amid Venezuela tensions, strong ETF inflows, and expectations of further Fed rate cuts.
🛢 BP News: BP is reportedly close to selling a 65% stake in Castrol to Stonepeak Partners for about $6B, advancing its plan to divest $20B in assets by 2027 (WSJ).
📆 Calendar Today:
🇺🇸 US — Bank Holiday
🇪🇺 EU — Bank Holiday
Stay tuned for more market-moving updates! 🚀
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