US CB Consumer Confidence: 88.7 (Forecast 93.3, Previous 94.6, Revised 95.5)
- Richmond Fed: -15 vs -5 exp. and -4 previously
US Pending Homes Index Actual 76.3 (Previous 74.8, Revised 71.8)
- US Pending Home Sales Change MoM Actual 1.9% (Forecast 0.2%, Previous 0.0%, Revised -0.1%)
US Business Inventories MoM Actual 0% (Forecast 0%, Previous 0.2%)
US30 reaction to data is mixed as investors seen this as a sign of almost 100% probable Fed rate cut in December. On the other hand, the US economy is slowing and CB index confirms that.
Source: xStation5
Daily Summary: The Two Faces of AI – Market Fuel and Costly Burden
BREAKING: JOLTS data beats expectations!
US Open: Wall Street loses momentum as AI costs and Middle East tensions cool sentiment
Oil on hold as the market bets on diplomacy
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
