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Key Fundamental Factors this Week (12/29-1/2)
Last week, we saw some USD-strength after GDP data for Q3 was revised up. Other than that, it was a relatively light week in terms of fundamental releases. It will be another light week to wrap up the year. Let’s see what’s in store for use in the upcoming, shortened week. CB Consumer Confidence (December) Forecast: 94.6 Previous: 88.7 Consumer confidence in the US has been rising according to the Conference Board. It returning towards levels before the financial crisis. The Umich survey already shows sentiments back at pre-crisis level. These two indicators underpin a sustainable recovery into 2015 and thus ... (full story)