<ul><li><a href="https://www.forexlive.com/news/us-november-core-cpi-40-yy-versus-40-yy-expected-20231212/">US November core CPI 4.0% y/y versus 4.0% y/y expected</a></li><li><a href="https://www.forexlive.com/news/reinz-new-zealand-median-home-sale-prices-20-yy-20231212/">REINZ New Zeal
Blogs
Houthi terrorists warning to Red Sea vessels will spark concerns for oil traders
<p>A Houthi official has warned </p><ul><li>Vessels sailing through the Red Sea not to turn off radios and to rapidly respond to orders that Houthi give. </li></ul><ul><li> Vessels navigating through the Red Sea should avoid falsifying their identity or raise flags other than those of the owner's
US stocks up again. Fresh 2023 highs once again.
<p>The major US indices are up again. </p><p>Dow at the highest level since January 2022, and around 1% from all time highs for the index. The Nasdaq led the way today. </p><p>The final numbers are showing:</p><ul><li>Dow Industrial Average is up 173.01 points or 0.48% at 36577.95</li><li>
Asian Economic Calendar: Key Events and Consensus Expectations for 13 December 2023
<p>In addition to the data agenda printed in the screenshot we also have an RBA speaker ahead:</p><ul><li><a href="https://www.forexlive.com/centralbank/reserve-bank-of-australia-governor-bullock-speaks-tuesday-assistantgov-jones-on-wednesday-20231210/" target="_blank" rel="follow" data-artic
Trade ideas thread – Wednesday, 13 December, insightful charts, technical analysis, ideas
<p>Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: </p> This article was written by Eamonn Sheridan at www.forexlive.com.
Dow inches towards all-time highs, S&P index and NASDAQ have more room to reach highs
<p>The Dow Industrial Average is only about 0.60% away from its all-time high close and about 1% away from its all-time high price at 36952.65. The all-time high close comes in at 36799.66 (January 4, 2022).</p><p>For the S&P index, the index is still 3.78% away from its all-time high reached on January 4, 2022.</p>&
TD highlights a tailwind for the US economy
<p>It's the time of the year when the year-ahead reports roll out.</p><p>They mostly go straight into the virtual trash but at times they contain some great tidbits. TD's latest highlights the resurgence of US manufacturing with some comments from a railway executive.</p><p>"One shortline panelist at TD
REINZ New Zealand median home sale prices -2.0% y/y
<ul><li>Prices down 1.0% y/y</li></ul><p>New Zealand and Australian house prices have been immune to interest rate hikes.</p><p>New Zealand current account data is due later and Q3 GDP a day afterwards.</p> This article was written by Adam Button at www.forexlive.com.
Crude oil settles at $68.61. Lowest level since June 28
<p>The price of crude oil fell sharply and traded to the lowest level going back to June 28. The low for the day reached $68.22. The high reached $71.96.</p><p>Looking at the daily chart, the price is getting closer to swinging area support going back to the end of May and into June between $66.80 and […]
A hint on 'the last mile' from Janet Yellen could be an important one
<p>If the Fed didn't have groupthink, it wouldn't have any thought at all.</p><p> That's why I noted a comment from former Fed Chair Janet Yellen today.</p><p>She spoke with the WSJ's Nick Timiraos and inflation was a main topic. She was pointedly asked about the ongoing debate in markets, which is