2024 Outlook
INTRODUCTION If one were to rank the biggest drivers of stock market performance in 2023, mega-cap dominance and the missing recession would likely be atop the list.
Source: forbes.com
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Top News In Month Annualized Today - Breaking & Trending Today
Cooler-than-expected inflation data aids risk appetite
- Risk appetite finds fresh legs in New Year as optimism China's eventual emergence from COVID coupled with further evidence of peak inflation. -Healt
Source: fxstreet.com
Yields rise with focus on FOMC and BOE decisions later in the week
- European equities started flat to mixed with US futures taking a sharp hit following rally on Friday. Risk sentiment turned sour following Ukraine/R
Source: fxstreet.com
Slew of EU inflation and GDP data fails to inspire the euro
- Risk appetite finding some legs as market participants rethink their views on FED rate hike pace after recent Q2 US GDP contraction. CME futures ind
Source: fxstreet.com
India and Iceland hike rates in session citing inflation
EU Mid-Market Update: EU details the 6th round of Russian sanctions; India and Iceland hike rates in session citing inflation; focus on FOMC decision.
Source: fxstreet.com