Forex

On Tuesday, December 19th, U.S. stock markets ended higher buoyed by the Federal Reserve's recent dovish policy shift and anticipation of key inflation data. In economic data, November single-family housing starts surged to 1.143 million units, an 18.0% increase from October's revised figure of 969,000 units, marking the highest level since April 2022. 

On Monday, December 18th, U.S. stock markets ended in green, positively driven by expectations of Federal Reserve rate cuts and key economic data due this week. In economic data, the U.S. NAHBWells Fargo Housing Market Index increased to 37 in December, up from 34 the previous month, surpassing market predictions of 36.

On Friday, December 15th, U.S. stock markets ended mixed following a week marked by significant central bank policy announcements and important economic data. In economic data, December's NY Empire State Manufacturing Index hit a four-month low at -14.5, while U.S. industrial production rose 0.2% in November after October's revised 0.9% decrease.

On Thursday, December 14th, U.S. stock markets ended positively as Treasury yields reached their lowest in months, driven by a shift in investor focus away from growth stocks due to the Fed's dovish position.