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A World of Contrasts
12th December 2023
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By Falco Private Wealth
Falco Group

  • US economic data regains strength after recent loss of momentum
  • Fed meets this week but is unlikely to move policy or alter its messaging to the markets
  • European economic data is weak and gives ECB room to make an earlier-than-expected cut in interest rates
  • El Nino creates potentially large problems for the normal operation of the Panama Canal – a potential problem for the US economy