U.S. Market Shifts, Central Bank Moves, & Forex Trades

Exclusive digest & our expert trades 💥

Weekly Market Recap December 10  - December 16, 2023 Hey Z, Welcome to another week of market insights with our expert analysis. The market catalyst for the week was the economic data influencing the upcoming central bank policy meeting. The ADP employment report revealed that companies added 103,000 jobs in November, falling short of expectations. This slower pace of hiring, coupled with a modest 5.6% year-over-year rise in wages, has sparked speculation about potential interest rate cuts by the Fed in 2024. The market now reflects a 62% chance of Fed rate reductions by March 2024, impacting not only traditional safe-haven assets like gold but also fueling Bitcoin's surge. Market participants will be closely tracking the upcoming FOMC meeting and interest rate decision for further cues regarding the central bank’s stance on inflation. Click Here to know how our top analysts are planning to trade the event this week. Here's a scoop of other market movers from the week: 1. U.S. Labor Market: Job openings in October hit a low not seen since early 2021. The Fed's focus on softening demand, rather than job cuts, aligns with its strategy to control inflation. 2. Bank of Canada's Policy: The Bank of Canada (BoC) chose to keep its key interest rate at 5% for the third consecutive decision, indicating a shift in the economy. It stated that the data suggests the economy is no longer in excess demand, aligning with its policy of quantitative tightening. Our top analysts are trading these market trends - Join them here! 3. RBA's Status Quo: Australia's central bank maintains rates at a 12-year high of 4.35%, balancing cooling inflation and a softening labor market. 4. Japan's Inflation Dynamics: Consumer inflation in Tokyo eased more than expected in November, nearing the Bank of Japan's target range. The 2.6% reading, down from 3.3% in October, was influenced by lower food prices and stabilized import costs. 5. Chinese Sovereign Bonds: Moody's shifts the outlook on Chinese sovereign bonds from stable to negative. While maintaining a long-term rating of A1, concerns about the country's fiscal stimulus strategies and challenges posed by the property market downturn fueled this shift. So, that was a busy week. To your success, Tad DeVan Senior Currency Strategist Market Traders Institute TRADE OUR PREDICTION Time’s Running Out - Trade 7K Your Way Now! December is packed with big economic events and data releases.   Our top analysts predict a potential surge of over 7,500 pips in the final month of 2023. It represents the last pillars of our ‘7K Your Way’ market prediction for Q4. I don’t want you to miss out on this big trade event.  So, in our upcoming trading webinar, I will: Guide you through my strategy for this month Show you how I’m positioning myself ahead for 2024 Provide you with the exact steps I’m taking to target gains Register for the Webinar Top Weekly Pick from Chris Chris’ top pick for the week is a stock that has experienced a significant decline since its 2021 peak. He’s not only aiming to own 100 shares… …but also implementing a strategy designed to safeguard against any downside. For a detailed breakdown and the target price… Watch This Video You can also try out Chris’ trading rooms by clicking here. TRENDS WE ARE TALKING ABOUT Monday 11:00 AM EST The USD Was Up 9 weeks in a Row. The JPY Can Be Your Next Trade. See it LIVE The strong move in the Dollar came from rising interest rates. The Bank of Japan can lead the Yen the same way. Even a hint of rate movement can send the Yen on a massive run. See how to trade it LIVE. REGISTER FOR FREE → Monday 1:30 PM EST  The ABCD Pattern with AUTOMATION in the FOREX Market See the method and tools our traders are using to get results in the market, LIVE.   REGISTER FOR FREE → Monday 7:00 PM EST See How Our Students Use the Hybrid Trading Room to Get RESULTS in the FOREX Replicating what works is the key to success. Instead of trial and error, you can replicate our trades. See How to do it in this LIVE Webinar and be ready to trade the FOREX as soon as Wednesday.   REGISTER FOR FREE → *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.