Headlines Point to Increasing Likelihood of Immaculate Disinflation
Minneapolis, MN | January 25, 2024 | HedgeTalk Newsletter | By: John Trefethen, Director & Co-Founder
Table of Contents:
Market Moving Headlines
Economic Calendar - Week of January 29th, 2024
Interest Rates
Currencies
Commodities
Quote of the Week
Market Moving Headlines
US GDP growth beats forecasts at 3.3% in Q4 2023.
US initial jobless claims rise more than expected to 214,000.
ECB holds rates as expected.
US natural gas prices soar by 8%.
US services PMI rises to a 7-month high.
Both the S&P 500 and the Nasdaq 100 hit record highs.
US Mortgage applications rise for the third week.
Copper extends its rise to a 3-week high.
Mexico economic activity growth at a 7-month low.
UK factory orders were weaker than expected in January.
Heating oil hovers close to a 1-month high.
Live cattle prices have increased 4.16% since the beginning of 2024.
Economic Calendar - Week of January 29th, 2024
Interest Rates
Currencies
Quote of the Week
“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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Author: John Trefethen, Director and Co-Founder
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Email: jtrefethen@hedgestar.com
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