The Dollar consolidating its uptrend as it rose to the highest level in month across the board. The GDP in the U.S. for the 3Q came out 2.2% worse than expected 2.8%. An industry report showed Existing Home Sales climbed in November to 6.54M more than economists estimated at 6.25M. Stocks finished with gains in the U.S. The Nasdaq posted new highs for the year and the S&P 500 finished at the highest level in 14 months. The Dow Jones rose 0.46% and the Nasdaq gain 0.69%. The Gold (XAU) tumbled to the lowest level in a month reaching the 1075$ level but managed to close at 1086$ an ounce. Crude oil managed to close above 74$ a barrel even though the OPEC decided to keep unchanged the production level. Today, The Core PCE Price Index expected at 0.1% vs. 0.2% previously. The Personal Spending expected unchanged at 0.7%. The Michigan Consumer Sentiment Index expected at 74.2 vs. 73.4 previously. The New Home Sales expected at 439K vs. 430K previously.
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