🔹EXISTING HOME SALES (TUES.)
🔹FED FOMC MINUTES (TUES.)
🔹JOBLESS CLAIMS (WED.)
🔹DURABLE GOODS ORDERS (WED.)
🔹CONSUMER SENTIMENT (WED.)
🔹THANKSGIVING DAY (THURS.)
🔹SERVICES PMI (FRI.)
🔹MANUFACTURING PMI (FRI.)
📌The positive vibrations from last week’s cool inflation reports are dissipating — but you can still feel them, if you focus.
📌 U.S. stocks capped off a winning week Friday, with all major indexes inching up slightly.
📌 Bitcoin price started a fresh increase above the $37,000 resistance zone. $BTC could accelerate higher once there is a clear move above the $37,350 resistance.
📌 The dollar extended a decline, while US equity futures were steady after a three-week stock rally fueled by speculation the Federal Reserve is nearing the end of its rate-hike cycle.
📌Traders are currently pricing in about a 30% chance of a first Fed rate cut in March after Vice Chair for Supervision Michael Barr said Friday officials are likely at or near the end of their tightening campaign.
