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<ul><li>We are not taking further hikes off the table</li><li>We haven't yet been discussing rate cuts</li><li>Inflation is still too high, if we don't do enough we will probably have to raise rates even further</li></ul><p>Canadian retail sales, CPI and employment were all higher-than

<ul><li>it's important to “be aware that historically when the unemployment rate starts going up, it doesn't just gradually drift up. It tends to go up rapidly.”</li><li>Did not rule out the possibility of Fed cutting rates in March</li><li>Expects rates to be lower next year compared to now, though not

<p>The sentiment on gold has swung wildly so far this month, from a euphoric explosion to the upside to fears about a long-term megatop. The Fed offered some support this week to get it back above $2000 but today it hit $2044 only to peel back to $2021.</p><p>I think all the elements are in place […]

<ul><li>It's too early to start discussing cuts</li><li>We're still discussing whether we raised interest rates enough and how long they need to stay where they are</li><li>Fed will do what it needs to do, we're going to do what we need to do</li></ul><p>Central bankers have a lon

<ul><li>Oil rigs -2</li><li>Gas rigs unchanged at 119</li></ul> This article was written by Adam Button at www.forexlive.com.

<p>Atlanta Fed Pres. Bostic is on wires say:</p><ul><li>Rate cuts are not seen as imminent, but preparations for possible principles and thresholds to guide the process are underway.</li><li>Anticipation of two quarter-percentage-point interest rate cuts in 2024, with the first possibly in the third quarter, cont

<p>The Bank of Canada's Macklem is on the wire saying:</p><ul><li>The time of rate announcements by the Bank of Canada will change to 9:45 AM ET from 10 AM, effective Jan 24, 2024; a press conference will follow every rate announcement.</li><li>Rate announcements by the Bank of Canada will be released 15 min

<p>The major US indices are closing mixed. THe UK FTSE 100 and Spain's Ibex close lower. France CAC did the best, while Italy's FTSE MIB and Germany's DAX were near unchanged.</p><p>The closing levels shows:</p><ul><li>German DAX, -0.79 points or 0.0% at 16751.43</li><li>France CAC was

<p>The EURUSD has ticked to a new low for the day, but as mentioned in the <a href="https://www.forexlive.com/technical-analysis/kickstart-your-fx-trading-for-december-15-with-a-look-at-the-eurusd-usdjpy-and-gbpusd-20231215/" target="_blank" rel="follow">kickstart video</a> from early today, the 1.090

<p>Monday</p><p>China’s inflation data over the weekend surprised to the downside as the economy continues to face deflationary pressures:</p><ul><li>CPI Y/Y -0.5% vs. -0.1% and -0.2% prior.</li><li>CPI M/M -0.5% vs. -0.1% expected and -0.1% prior.</li><li>Core CPI Y/Y 0.6% vs. 0.6% prior.