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<p>The Atlanta Fed GDPNow growth estimate for Q4 rose to 2.7%. 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 2.7 percent on December 19, up from 2.6 percent on December 14. After recent releases from the US Census Bureau and the [

<p>The EURUSD moved sharply higher last week helped by Fed Chair Powell's comments after the FOMC rate decision. The FOMC dot plot was also a contributing factor to the lower dollar (higher EURUSD). </p><p>The upside momentum continued on Thursday with the price reaching up toward the high prices from the end of November betw

<p>Major US indices are trading to new session highs. For the S&amp;P index since now within 0.8% of its all-time high closing level at 4796.57. The all-time intraday high comes in a 4818.62. The current price is trading at 4758.58 or 18 points or 0.3% (the high price reached 4760.19).</p><p>Meanwhile, the Dow Industrial Avera

<p>Fed's Barkin (2024 voter) emphasizes that inflation remains the primary concern for the Federal Reserve</p><ul><li>Says they are now looking to balance this focus with other aspects of the Fed's mandate, considering the progress made in reducing inflation.</li><li>Clarifies that the Fed's foreca

<p>The major indices are higher as trading kicks off in the US. At stake today is the 8 day win streak for the Dow and Nasdaq index</p><p>A snapshot of the market currently shows:</p><ul><li>Dow Industrial Average up 60.63 points or 0.16% at 37366.66.</li><li>S&amp;P up 8.14 points or 0.17% at 474

<ul><li>Dow Industrial Average futures are implying a rise after yesterday's 0.86 point rise </li><li>S&amp;P futures are implying a gain of 4.69 points after yesterdays 21.39 point rise</li><li>Nasdaq futures are implying a gain of +17 points after yesterday's 90.89 point rise </li></ul>

<ul><li>Inflation is falling but still high</li><li>I have no pre-determined policy path in mind</li><li>Labour market is loosening but remains tight</li></ul><p>This just continues the communique from the BOE after last week's policy meeting, which reaffirmed that this is no time to pivot

<p>The Court of Appeal of Montenegro has overturned a decision allowing for the extradition of Do Kwon, the Former CEO of Terra, to either the United States or South Korea. Instead, Kwon has been granted an appeal against this matter based on a procedural error. </p><p>According to a report by Coindesk, citing documents shared by

<p><strong>By <a href="http://investmacro.com/contributors/contributor-profile-forextime/">ForexTime</a> </strong></p> <ul> <li>Today, Bank of Japan offered zero guidance on rate hike in 2024</li> <li>USDJPY climbs well past 200-day SMA</li> <li>Higher-than-expected J

<p>Despite Federal Reserve officials downplaying early rate cut expectations, the S&P 500 and NASDAQ Composite climbed, showcasing the market’s resilience.</p> <p>The post <a href="https://forextv.com/crypto-currency-news/nasdaq-index-sp500-dow-jones-forecasts-bullish-trends-emerge-despite-feds-temperance-on-rate-cuts