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Oil prices continue to be a driving force

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 29, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: Today we get the US trade deficit, Case-Shiller home prices for Oct and consumer confidence. Home prices, despite the huge lag, are probably the most interesting. Bloomberg reports the forecast is a rise of 5.6% y/y, about the same as September (5.45%). For the previ-ous year, the rise was 4.35%, so we will still have a modest improvement. At least it’s not rabid infla-tion, nor a drop. We are not going to ask you to suffer through a look back at 2015 or a set of predictions about

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