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<p>Headlines:</p><ul><li><a href="https://www.forexlive.com/news/us-stocks-look-to-make-it-8-for-8-ahead-of-the-holidays-20231222/">US stocks look to make it 8 for 8 ahead of the holidays</a></li><li><a href="https://www.forexlive.com/news/uk-november-retail-sales-13-vs-04-mm-expecte

<p>It has been a rather challenging year for oil. From talks of tighter market conditions to slowing economies across the globe, there were arguments to both sides of the story. And that is also reflected somewhat in price action, with the high for WTI crude being at $95 at the end of September before sinking […]

<p>The Japanese Ministry of Finance just announced that it will cut spending for the first time in 12 years in the 2024/25 budget, as they prepare for a shift away from ultra easy monetary policy settings. The budget is estimated around ¥112 trillion, down 2% from the current year's initial amount of roughly ¥114 trillion.</p><p

<ul><li>Eurostoxx -0.1%</li><li>Germany DAX -0.1%</li><li>France CAC 40 flat</li><li>UK FTSE -0.2%</li><li>Spain IBEX flat</li><li>Italy FTSE MIB -0.1%</li></ul><p>The Christmas weekend is upon us, so there shouldn't be much else to really catch traders&#

<p>So, what exactly does that mean? Essentially this: <a href="https://www.forexlive.com/news/paying-more-for-less-20230421/" target="_blank" rel="follow">Paying more for less</a></p><p>Inflation may be coming down on paper but there remains a major divergence between what consumers are pa

<ul><li>Prior +0.2%</li></ul><p>The UK economy marginally contracted in Q3 and that takes away some of the shine off the stronger retail sales report <a href="https://www.forexlive.com/news/uk-november-retail-sales-13-vs-04-mm-expected-20231222/" target="_blank" rel="follow">here<

<ul><li>Prior +0.3%</li></ul><p>If you strip out energy prices, German import prices actually fell by 0.3% on the month in November. The breakdown shows a decline in intermediate goods (-0.5%), consumer goods (-0.5%), and capital goods (-0.2%).</p> This article was written by Justin Low at www.forexlive.com.

<ul><li>Prior -0.3%; revised to 0.0%</li><li>Retail sales +0.1% vs -1.3% y/y expected</li><li>Prior -2.7%; revised to -2.5%</li><li>Retail sales (ex autos, fuel) +1.3% vs +0.4% m/m expected</li><li>Prior -0.1%; revised to +0.2%</li><li>Retail sales (ex autos, fuel) +0.3% vs -1.

<p>There are a couple to take note of, as highlighted in bold.</p><p>Considering that trading conditions today are likely to be lighter as market players take off for the holidays, the remaining expiries could act more as a magnet to hold price action before rolling off later in the day. But at the same time, they […]