This latest U.S. data paints a dynamic picture for the fourth quarter: seems to be a "Goldilocks" scenario for risk assets, with robust GDP growth and stable core indicators providing a favorable environment.
š GDP Growth (QoQ) (Q4): Surges to 3.3%, beating estimates at 2.0% (previously 4.9%).
š¹ PCE Prices (Q4): Registers at 1.7%, falling short of the 2.2% forecast (previously 2.6%).
š Core PCE (Q4): Holds steady at 2.0%, meeting expectations (previously 2.0%).
š Initial Jobless Claims: Report 214K, slightly surpassing the 200K estimate (previously 187K).
š Continuing Jobless Claims: Stand at 1,833K, slightly higher than the 1,828K e