MARKET DAILY

Market 12/02: Traders Still in Holiday Break Phase

SPX sideways, Trump postpones FED chair announcement

Steve Le
Steve Le

Key highlights

  • Fed Chair about to be announced

  • China increases purchases of US soybeans

  • GDP forecast to slow before recovery

  • Europe: November CPI exceeds forecast

  • SOFR and REPO still show liquidity pressure

  • Amazon launches new AI chip

  • Market: Still in holiday phase

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