EBC Daily Snapshot Sep 18, 2024

The dollar wavered 18 Sep 2024 after US retail sales unexpectedly rose in August, and the Atlanta Fed raised its GDPNow estimate to 3% from 2.5%.

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Risk markets struggle on lack of bullish catalysts

Risk markets struggle on lack of bullish catalysts

US equities seek direction amidst mixed newsflow; Hawkish Fedspeak, light data calendar and the US shutdown dent risk appetite; Cryptos under heavy pressure; gold struggles to rally above $4,000; Pound gains despite dovish BoE but outlook remains clouded;
XM Group | 2 days ago