After reporting an unexpected improvement in U.S. consumer confidence in the previous month, the Conference Board released a report on Wednesday showing a much bigger than expected pullback in confidence in the month of December. The Conference Board said its consumer confidence index slumped to 122.1. more...
The first target on a failed range breakout was the 12/18 gap (which has been filled) with the possibility then of seeing a move towards the low-end of the November/December range in the vicinity of 12940/810. In the event the DAX can hold up here sooner it could make its way back higher, but the fact the range breakout was negated so quickly suggests we may see more weakness first. It’s thin holiday-trading conditions in financial markets, ...
Pending home sales in the U.S. unexpectedly showed a modest increase in the month of November, according to a report released by the National Association of Realtors on Wednesday. NAR said its pending home sales index inched up by 0.2 percent to 109.5 in November. more...
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Eminem claimed his eighth Number One album as Revival topped the Billboard 200 in its debut week. The rapper's latest LP, his first album since 2013's The Marshall Mathers LP 2, opened with 267,000 total copies in its first week of release, with 197,000 of that total culled from traditional album sales. more...
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