The buck is down against most peers while global exchanges thread with caution, likely suppressing chances of an end-of-year rally.
Overview
While most continue to vacation until 2023 begins, analysts are trying to come up with a forecast for the first half of the year, one that could look quite different depending on who you ask. There are signs of concern for overall growth while many have strong faith in China’s ability to impact the macroeconomic picture in a very positive way.Liquidity is thin at the moment, so commodity prices fell slightly. We believe the dampened mood across markets will translate into early-year gains for the greenback. For now, swings will be mild in comparison to previous weeks, and we will not get a clear narrative nor much in terms of guidance until next week.
What to Watch Today…
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