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<ul><li><a href="https://www.forexlive.com/news/us-stocks-close-the-week-mixed-major-indices-rise-for-the-8th-consecutive-week-20231222/">US stocks close the week mixed. Major indices rise for the 8th consecutive week</a></li><li><a href="https://www.forexlive.com/news/crude-oil-futures-settle-a

<p>Major US stock indices are closing the day mixed. The Dow Industrial Average is modestly lower while the S&amp;P and NASDAQ closed higher on the day. For the trading week, all the major indices were higher for the eighth consecutive week gain.</p><p>A snapshot of the closing level shows:</p><ul><li>Dow Ind

<p>The price of crude oil futures are settling at $73.56, down -$0.33 or -0.45%.</p><p>The high price reached $74.95. The low price extended to $73.41.</p><p>For the trading week, crude is up for the second consecutive week. The price is up $1.81 or 2.53%. Last week the price rose $0.54 or 0.75%.</p><p>For

<p>The major US stock indices have give up gains and trade in negative territory</p><ul><li>Dow Industrial Average is trading down -100 points or -0.27% at 37306</li><li>S&amp;P index is down -5.31 points or -0.12% at 4741.35</li><li>Nasdaq index is down -13.70 points or -0.09% at 14949</li>

<p>For both the day and the week, the major European indices closed mixed. </p><p>On the day:</p><ul><li>German DAX rose 0.11%</li><li>France CAC, -0.03%</li><li>UK FTSE 100, +0.04% </li><li>Spain's Ibex, +0.08%</li><li>Italy's FTSE MIB+0.26%</li><

<p>Here are the key points on key topics from White House National Economic Council Director Brainard:</p><p>Focus on Red Sea Attacks</p><ul><li>The Biden administration is very focused on the attacks in the Red Sea due to the importance of shipping lanes.</li></ul><p>Suez Canal Shipping</p&g

<p>The Atlanta Fed GDPNow growth estimate for Q4 from their model dips to 2.3% from 2.8% last. In their own words:</p><blockquote>The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2023 is 2.3 percent on December 22, down from 2.7 percent on December 19. After recent releases f

<p>The USDCAD on the weekly chart is trading below its 100-week MA at 1.3278. A close below that MA would be the first since May 2022. That would be more bearish technically. Staying below keeps the sellers in firm control. </p><p>Having said that the pair moved down to test a swing level (going back to […]

<p>Crude oil has taken a dip lower and is now negative on a day. The current price trades at $73.54 after peaking at $74.95 an hour or so ago. </p><p>The run to the downside has now taken the price below its 100-hour movie average at $73.75. The price is also trading back below the 50% […]

<p>The GBPUSD buyers are trying to push the pair above a swing area and into more open space. Having said that, the buyers are "trying". </p><p>The swing area is between 1.2723 and 1.2732 (see red numbered circles on the chart above). Looking at the chart above, there has been a number of spring highs and […]