Table of Contents:
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Market Moving Headlines
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Economic Calendar – Week of January 29th, 2024
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Interest Rates
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Currencies
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Commodities
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Quote of the Week
Market Moving Headlines
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US GDP growth beats forecasts at 3.3% in Q4 2023.
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US initial jobless claims rise more than expected to 214,000.
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ECB holds rates as expected.
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US natural gas prices soar by 8%.
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US services PMI rises to a 7-month high.
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Both the S&P 500 and the Nasdaq 100 hit record highs.
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US Mortgage applications rise for the third week.
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Copper extends its rise to a 3-week high.
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Mexico economic activity growth at a 7-month low.
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UK factory orders were weaker than expected in January.
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Heating oil hovers close to a 1-month high.
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Live cattle prices have increased 4.16% since the beginning of 2024.
Economic Calendar – Week of January 29th, 2024
Interest Rates
Currencies
“Risk is like fire: If controlled, it will help you; if uncontrolled, it will rise up and destroy you.” – Theodore Roosevelt
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