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Hang Seng Index futures closed down 0.2% at 25,900 points in overnight trading, a discount of 36 points.On December 5th, according to AXIOS, the U.S. Government Accountability Office (GAO) confirmed on Thursday that it has launched an investigation into Bill Pulte, the head of the Federal Housing Finance Agency (FHFA), who has drawn criticism for his attacks on Trumps opponents. A GAO spokesperson stated, "I can confirm that the GAO has accepted the request for investigation according to standard procedures. It may take several months to determine the full scope of the investigation and the planned completion timeline." Pulte was also reportedly involved in a grand jury investigation this year related to multiple mortgage fraud investigations. As head of the FHFA, Pulte used his position to accuse Trump administration rivals of mortgage fraud. Pulte has been a critic of the Federal Reserve, frequently calling for Jerome Powells resignation and accusing Federal Reserve Governor Lisa Cook of mortgage fraud. He has also filed similar allegations against New York Attorney General James and California Democratic Senator Schiff.The Federal Reserve accepted a total of $2.233 billion from 39 counterparties in its fixed-rate reverse repurchase operations.Meta Platforms (META.O): We are launching a brand new, centralized platform on Facebook and Instagram that brings together support tools and options in one place.The U.S. Geological Survey reported a false alarm regarding a 5.9 magnitude earthquake near Reno and Carson City, Nevada.

Technical Analysis

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

  • What Is The Best Way To Invest In Crude Oil?

    Crude oil is a petroleum product that occurs spontaneously and is made of hydrocarbon deposits and other organic components. Crude oil is a type of fossil fuel that is refined to create useable products such as gasoline, diesel, and a variety of other petrochemicals. It is a nonrenewable resource, which means that it cannot be replenished naturally at the pace at which humans consume it, making it a scarce resource.

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  • Commodity Investing: How to Get Started

    Commodity is a term that refers to a basic good used in trade that is interchangeable with other similar items. Commodities are frequently utilized as raw materials in the manufacture of other items or services.

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  • The Ultimate Beginner's Guide to Cryptocurrency

    A cryptocurrency is a digital or virtual currency that is protected by encryption, making counterfeiting or double spending practically impossible.

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  • What Is a 401(k) Retirement Plan?

    A 401(k) plan is a tax-advantaged retirement savings plan offered by many American businesses. It is called after a provision of the Internal Revenue Code of the United States of America.

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  • The Ultimate Guide to Commingled Funds

    Commingled funds are a sort of pooled investment vehicle that is neither publicly traded or accessible to normal investors. Rather than that, they are employed in closed pension funds, insurance policies, and other institutional accounts.

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  • How Is a Class C Share Defined?

    Class C shares are a type of mutual fund share that have a fixed yearly load that includes expenses for fund marketing, distribution, and service. These fees represent a commission paid to the business or individual assisting the investor in selecting a fund to invest in. Annual fees are assessed.

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  • What is the Roth IRA?

    A Roth IRA is an individual retirement account (IRA) that permits tax-free withdrawals under certain conditions. Roth IRAs are comparable to standard IRAs, with the primary difference being the tax treatment of the two. Roth IRAs are established using after-tax resources, which means that contributions are not tax deductible but the money is tax-free once you begin withdrawing it.

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  • What Exactly Is Money?

    Money is an economic unit that serves as a universally recognized means of exchange in an economy for transactional purposes. Money serves the purpose of lowering transaction costs, namely the double coincidence of desires.

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