{"id":162489,"date":"2019-12-27T07:35:25","date_gmt":"2019-12-27T12:35:25","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=162489"},"modified":"2019-12-27T07:35:25","modified_gmt":"2019-12-27T12:35:25","slug":"fresh-records-booked-in-santa-rally","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/12\/fresh-records-booked-in-santa-rally\/","title":{"rendered":"Fresh records booked in Santa rally"},"content":{"rendered":"
December 27, 2019<\/div>
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By IFCMarkets<\/a><\/p>\n

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Dollar weakening continued despite strong labor data<\/h2>\n<\/div>\n<\/div>\n

US stock market <\/b> rally was intact on Thursday supported by strong retail sales and labor market data. The S&P 500<\/a> gained 0.5% to new record 3239.91. The Dow Jones <\/em> industrial average advanced 0.4% to fresh record 28621.39. Nasdaq <\/a> composite index rallied 0.8% to 9022.39 led by 4% gain in Amazon after the e-commerce giant said the holiday shopping season broke all records. The dollar weakening continued despite Labor Department report new applications for unemployment benefits fell second week in a row: live dollar index<\/a> data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, slipped 0.1% to 97.56 and is lower currently. Wall Street will reopen today with futures on US stock indices pointing to mixed openings.<\/p>\n

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European markets were closed on Thursday, reopen today<\/h2>\n<\/div>\n<\/div>\n
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Hang Seng leads Asian Indexes gains<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b> are mixed today. Nikkei <\/em> ended down 0.4% at 23837.72 with yen climb against dollar resuming. Chinese stocks are mixed: the Shanghai Composite Index <\/em> is down 0.1% despite report China’s industrial profits grew at fastest in eight months, while Hong Kong\u2019s Hang Seng Index <\/em> is 1.2% higher. Australia\u2019s All Ordinaries Index gained 0.4% as Australian dollar continues its climb against the greenback.<\/p>\n

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Brent <\/a> rises on expectations of US inventories fall<\/div>\n<\/div>\n

Brent futures prices <\/b> are extending gains today. Prices ended at a more than three-month high yesterday: February Brent crude rose 1.1% to $67.92 a barrel on Thursday. Today at 16:30 CET the Energy Information Administration will release US Crude Oil Inventories after American Petroleum Institute Tuesday report that US crude supplies fell by 7.9 million barrels last week.<\/p>\n

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Gold strengthening continues while Dollar weakens<\/h2>\n<\/div>\n<\/div>\n

Gold <\/b> prices are little changed today after third session of gains in a row on Thursday. Prices ended above $1500 yesterday as dollar weakening continued: February gold gained 0.6% to $1514.40 an ounce, the highest finish since the end of October.<\/p>\n

\"XAUUSD<\/p>\n<\/div>\n<\/div>\n

Market Analysis provided by IFCMarkets<\/a><\/p>\n

Note:
\nThis overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or \u0430 recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.<\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets Dollar weakening continued despite strong labor data US stock market rally was intact on Thursday supported by strong retail sales and labor market data. The S&P 500 gained 0.5% to new record 3239.91. The Dow Jones industrial average advanced 0.4% to fresh record 28621.39. Nasdaq composite index rallied 0.8% to 9022.39 led by […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-162489","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=162489"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162489\/revisions"}],"predecessor-version":[{"id":162494,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162489\/revisions\/162494"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=162489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=162489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=162489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}