Market momentum slows on Monday as traders focus on year-end festivities, overlooking the week's only active trading day with a light calendar.
Market sentiment is mixed but slightly positive as traders focus on the end of a volatile 2024, with attention on Gold's rise and US Dollar strength.
Despite muted market activity, EURUSD remains under pressure as the ECB's dovish stance combines with political unrest in France and Germany.
Christmas holiday trading in major markets, except Japan and China, slowed momentum on Wednesday.
Market momentum remains limited in early Tuesday as mixed sentiment and the holiday mood take hold.
Mixed sentiment surrounds the US Fed's 2025 plans after a surprising Core PCE Price Index, while geopolitical concerns add uncertainty.
Market sentiment is weak on Friday, driven by concerns over a potential US government shutdown, China’s plunging bond yields, and trade tensions with the US.
The US Federal Reserve's hawkish rate cut stirred market sentiment and boosted the US Dollar late Wednesday.
Markets are cautiously optimistic today, with news of China’s stimulus and hopes for a US Fed rate cut boosting sentiment.
Market sentiment is uncertain on Tuesday as traders await key data from the UK, Canada, and the US.
Markets remain cautious ahead of major events, including the FOMC rate cut, December PMIs, Fed inflation, and central bank decisions.
Thursday's ECB rate cut and strong US Producer Price Index (PPI) data kept the US Dollar strong despite a rise in US Jobless Claims.
