Q3 GDP Insights, Central Bank Moves, & Top Forex Trades

Exclusive digest & top analyst trades💥

Weekly Market Recap December 24  - December 30, 2023 Click here to register yourself for a real-time review that can help you turbocharge your trading game. You will gain access to simple yet highly effective techniques used by our experts.   See the workshop schedule >> Hi, As December unfolds, the markets are buzzing with significant developments.  The market catalysts for the week were the big data releases and central bank decisions. The United States Gross Domestic Product (GDP) revealed a 4.9% expansion in the three months to September quarter-on-quarter, a slight adjustment from the initially reported 5.2%.  This was the fastest pace of GDP expansion since the fourth quarter of 2021.  However, momentum appears to have faded in the final three months of the year as consumer spending takes a break.  Nevertheless, the growth pace is likely to remain strong, with retail sales rising in November and single-family housing starts and building permits reaching 1-1/2-year highs.  The fourth quarter growth estimates hover between 1.1% and 2.7%. Click Here to know how our top analysts are trading this key economic data. Here's a scoop of other market movers from the week: 1. Healthy Labor Market: The number of Americans filing new claims for unemployment benefits rose just marginally last week to 205,000, reflecting historically low layoffs. Curious to know how our pro traders are trading this data on their charts? -Click Here for our analysts' take. 2. UK CPI Surprise: The UK's Consumer Price Index (CPI) presented a 3.9% increase in November, slightly below market expectations. The Core CPI, excluding volatile items, also eased.  3. Steady Rates in China and Japan: China's one-year loan prime rate (LPR) and over-five-year LPR remained unchanged, aligning with market predictions. Simultaneously, the Bank of Japan maintained its easy credit policy, keeping the benchmark rate at a stable negative 0.1%. 4. Oil Market Tensions: Oil prices climbed, crossing $74/bbl on the WTI, propelled by heightened tensions in the Red Sea. So, that was a busy week. To help you make sense of it all, we've got an exclusive strategy guide. Grab your copy >> To your success, Tad DeVan Senior Currency Strategist Market Traders Institute TRADE OUR PREDICTION Last Chance for Big Trades of Our Q4 Prediction! The Fed, ECB, and Bank of England kept interest rates unchanged earlier this month. This development has significant implications for the Forex markets, particularly major pairs linked to this news - the USD, the pound, and the euro. Here's the good news: Our top analysts have identified a potentially monumental trading opportunity stemming from these events.  We're calling it ‘7K Your Way’. It’s because these prediction trades carry the potential for a pip surge exceeding 7,500 pips. I’m hosting a special FREE trading session to show you how we’re trading it. Register for this Exclusive Webinar *Predictions are not a guarantee of this or any result. Information provided on this prediction is for general information purposes only. We offer no representation or warranty with regard to this prediction. No prediction is personalized or otherwise directed at any individual or particular circumstances. We disclaim and will not accept any liability for losses associated with this prediction. **Predicted movements expected to last from 1st October, 2023 through 1st January, 2024. These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under- or over-compensated for the impact, if any, of certain market factors, such as a lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation or warranty is being made that any account will or is likely to achieve profits or losses similar to these being shown. Copyright © 2023 Market Traders Institute 2301 Lucien Way Maitland, FL, 32751 International: 407.585.2417 USA & Canada: 866.787.8558 Click here to Manage Your Email Preferences All trading carries significant risk. Please see our full risk disclaimer.