🚀 Morning Update (12.12.2024) 📈 Wall Street Recap Yesterday's session brought a wave of optimism: Nasdaq 100 surged by nearly +1.9% 💹, with Broadcom (+6%) stealing the spotlight after news of its AI chip collaboration with Apple. The company's market cap now stands at an impressive $820B. S&P 500 added +0.9% 📊. DJIA bucked the trend, slipping -0.2% 📉. 💡 Inflation data aligned with expectations: CPI rose +2.7% YoY, while core CPI climbed +3.3%. Markets are now almost fully pricing in a Fed rate cut in December 📉, with three additional cuts anticipated in 2025. However, uncertainty lingers due to the new administration and potential tariff changes. 10-year Treasury yields edged up slightly to 4.28%. 🌏 Asian Session Highlights The positive vibes carried over to Asia: Hang Seng soared +2% 🇨🇳. Nikkei climbed +1.4% 🇯🇵. KOSPI advanced +1.6% 🇰🇷. ASX 200 dipped -0.3% 🇦🇺, following stronger-than-expected employment data (+35.6k vs. +25k expected, previous +15.9k). ⏰ Key Events to Watch Today (1:30 PM UTC) U.S. jobless claims 📝. November’s PPI inflation 📈. ECB rate decision 💶: A 25bp cut is widely expected, though a 50bp cut remains a low-probability scenario. Stay tuned for more updates! 📊✨