Last week, U.S. data released on Thursday showed that initial jobless claims fell to 198,000 last week, with the job market seemingly undented by the spread of the omicron COVID-19 variant. The data also said that the Chicago PMI was a higher-than-expected 63.1 for December. ...
Crude -3.576MM, Exp. -2.7MM Gasoline -1.459MM Distillates -1.726MM Cushing +1.055MM Production +200kb/d
US Pending Home Sales -2.2%, Exp. 0.8%, Last 7.5%
Last week, the US dollar was down versus the Euro, with investors towards riskier assets as fears of the omicron COVID-19 variant virulence continue to fade Last Wednesday, U.S. data released and it showed that the GDP grew 2.3% quarter-on-quarter in the third quarter of 2021.
UMich final October US consumer sentiment final 70.6 vs 70.4 expected
Crude -4.72MM, Exp. -2.5MM Distillates +396K Gasoline +5.533MM Cushing +1.463M Production 11.6MM, -100kb/d
Q3 GDP 2nd revision: 2.3%, Exp. 2.1%
US GDP number will be published in 10 minutes. Economists predict that Q3 GDP growth is at 2.1% annualized.
Last week, the Federal Reserve kept interest rates near zero, but said it would step up the tapering of bond purchases and signaled up to three rate hikes next year to curb elevated inflation. The committee said it would increase the taper of its bond purchases by $30 billion a month in January,...
ECB President Lagarde: for most of 2022, inflation will be above 2%
US Initial Claims 200K, Exp. 206K Continuing Claims 1845K, Exp. 1943K
ECB leaves key rates unchanged in December as expected. PEPP to end in March, but APP expanded APP will continue at a monthly pace of €20 billion, but then strengthened to €40 billion in Q2 and €30 billion in Q3.
- Changes in economic outlook support faster taper - Virus and supply constraints pose threats to the economic outlook - Demand remains quite robust - We are still seeing fast economic growth - Inflation will run above our 2% goal well into 2022 -...
The Federal Reserve kept interest rates near zero Wednesday, but said it would step up the tapering of bond purchases and brought forward its timeline on rate hikes to curb elevated inflation. The committee said it would increase the taper of its bond purchases by $30 billion a month, d...
FED MEDIAN FORECAST SHOWS THREE HIKES IN 2022, THREE IN 2023
Important : One Billion Signals will not be liable for any losses sustained while using the services provided on the One Billion Signals application. This application is not a solicitation to trade forex signals, nor is the representation is being made that any account will, or is likely to, achieve profits or losses similar to those discussed on the application. The past performance of any trading system or methodology is not necessarily indicative of future results.
© 2022 One Billion Signals All Rights Reserved