Previewing the last macroeconomic data releases from the US ahead of the new year, TD Securities analysts said they expect to see weak data despite the fact that the vaccination process is encouraging for 2021. Key quotes “Consumption likely fell in November, similar to the pattern already reported for the less comprehensive retail sales series. Income likely fell, even more, dragged down by a fading of the boost from fiscal stimulus.” “Employment is probably starting to decline again as well. Jobless claims can be especially volatile near year-end, and we expect a decline this week, but they have risen since the sample week for the November employment report.” “Core PCE inflation likely remained weak in November: We estimate 0.0% m/m and 1.4% y/y.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK PM Johnson said to make ‘last-ditch push’ for Brexit deal with move on fish FX Street 2 years Previewing the last macroeconomic data releases from the US ahead of the new year, TD Securities analysts said they expect to see weak data despite the fact that the vaccination process is encouraging for 2021. Key quotes "Consumption likely fell in November, similar to the pattern already reported for the less comprehensive retail sales series. Income likely fell, even more, dragged down by a fading of the boost from fiscal stimulus." "Employment is probably starting to decline again as well. Jobless claims can be especially volatile near year-end, and we expect a decline this week, but they have risen since… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
