US Dollar is Offered and China's Politburo Promises more Monetary and Fiscal Support
Marc Chandler
December 09, 2024
Overview: The dollar is offered. Neither the 227k rise in nonfarm payrolls, nor the above 3% Q4 growth that the Atlanta Fed sees the economy tracking, or the uptick in November CPI expected to be reported on Wednesday has been sufficient to dampen speculation of a rate cut next week. The futures market has a nearly 88% chance discounted. The anti…
US Dollar is Offered and China's Politburo Promises more Monetary and Fiscal Support
Reviewed by Marc Chandler
on
December 09, 2024
Rating:
Reviewed by Marc Chandler
on
December 09, 2024
Rating:
