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20 USDT
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🗓 Key Events Today
🇺🇸👷♂️ Initial Jobless Claims
🇺🇸📈 Gross Domestic Product (Fourth Quarter)
🇺🇸💸 Gross Domestic Product Price Index (Fourth Quarter)
🇺🇸🛒 Gross Domestic Product Sales (Fourth Quarter)
🇺🇸💸 Personal Consumption Expenditures Prices (Fourth Quarter)
🇺🇸🛒 Wholesale Inventories
🇺🇸🏠 Pending Home Sales
💬 The most important release today is jobless claims, as they provide the best insight into the long-term market outlook.
Gross domestic product data for the fourth quarter will also be released, but in my view, it’s already outdated—it reflects what happened three months ago. Markets are more focused on what’s happening in the first quarter right now. The Federal Reserve Bank of Atlanta projects first-quarter gross domestic product at 0.2%, but the official numbers won’t come out for another month.