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John Williams from the Federal Reserve predicts a decline in unemployment and highlights the goal of returning to 2% inflation.

The Federal Reserve’s neutral monetary policy status hints at stable interest rates, impacting the US Dollar’s strength. This guides traders towards strategies favoring non-yielding assets like gold and soft currencies. – vtmarketsmy.com

In November, home sales in Canada showed little change, but regional differences affected overall trends.

Canadian home sales remained relatively stable in November, with slight regional variations. Despite ongoing optimism due to job market strength, risks persist amidst trade uncertainties and potential inflation impacts. – vtmarketsmy.com

Traders expect a Bank of England rate cut as GBP/USD nears 1.3400, up 0.28%

GBP/USD hovers near 1.3400 as traders anticipate a 25-bps rate cut by the Bank of England amid weak UK GDP and inflation data. The market braces for significant volatility. – vtmarketsmy.com

Colombia’s retail sales growth reached 10%, falling short of the expected 12%

Colombia’s retail sales hit only 10% in October, spurring concerns about economic growth. With inflation stubbornly high, speculation grows for interest rate cuts, impacting the peso and equities. – vtmarketsmy.com

The NAHB Housing Market Index in the United States surpasses expectations, reaching 39

U.S. builder confidence shows signs of improvement, with December’s housing market index rising to 39. Despite challenges, cautious optimism suggests potential bullish positions in homebuilder stocks and suppliers. – vtmarketsmy.com

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