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Milei seeks to win back disenchanted voters in Argentina’s midterms
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BySilas WMARKET REPORT Review: – Headline PCE matches forecast but Core slows– Headline +0.3% vs Exp +0.3% Prev +0.3%– Core +0.2% vs Exp +0.3% Prev +0.3%– US Personal Spending +0.2% vs Exp +0.3%– US Personal Income +0.3% vs Exp +0.3% Prev +0.5%– Chicago PMI hits 4yr low – Musk states ‘great damage done to the public…
Q4 GDP Tracking: 2.4% to 3.1%
by Calculated Risk on 12/20/2024 10:52:00 AM From Goldman: Following this morning’s data, we left our Q4 GDP tracking estimate unchanged at 2.4% (quarter-over-quarter annualized) and our Q4 domestic final sales forecast unchanged at +2.3% [Dec 20th estimate]emphasis added And from the Atlanta Fed: GDPNow The GDPNow model estimate for real GDP growth (seasonally adjusted…
LSEG Selected by Banque de la République du Burundi (BRB) to Deliver New Markets Infrastructure Solutions
BySilas WThe London Stock Exchange Group (LSEG) has been chosen by the Banque de la République du Burundi (BRB) to deliver a full suite of market infrastructure solutions. The move is said to be aimed at modernising the country’s financial system. The collaboration will see LSEG deploy integrated platforms to support foreign exchange trading, interbank liquidity…
Dollar’s Wild Week Ends in Uncertainty, Awaits Next Tariff Cue – Action Forex
BySilas WDollar faced significant volatility last week as shifting trade policy signals from the White House left investors scrambling for clarity. Initially, tariffs on Canadian and Mexican imports were imposed, only to be quickly suspended for 30 days following new agreements on border security and fentanyl control. Now, the focus turns to “reciprocal tariffs,” a move…
Bitcoin “Santa Rally” coming to town?
BySilas WBitcoin ↑ 152% since start of 2024 Over past year Fed triggered moves of ↑ 3.4% & ↓ 3% Gained on average 11.30% in December over past 15 years Technical levels – $110,000, $107,000 & $100,000 Christmas may have come early for investors after Bitcoin surpassed $107,000 for the first time. The “OG” crypto has…