The Chances of US economy recession are fading

MCX Natural Gas trading below value area
Economic Calendar the day ahead
Webinar -Quick Review On Global Markets with Dan Gramza
Gold Kept Correcting since last friday move
European stocks opened positive on the week start

The yield curve is no longer inverted. Why are bond markets still pricing in a recession? @PStreible @CMEActiveTrader discuss.

— QuickTake by Bloomberg (@QuickTake) December 2, 2019

The on going ease on trade talks with china ,So the the looks of the next 12 months according to CME GDP saw a positive tilt in November Housing stats ,continuously improving further .and the progressive brexit . though not yet completed or concluded.

The factors as such showing the the advantage may go for the USD .

United States has the 16th-highest number of Nobel laureates per capita (11.476 laureates / 10 million people). The top 10 countries by Nobel laureates per capita are: Faroe Islands, Saint Lucia, Luxembourg, Switzerland, Sweden, Iceland, Denmark, Norway, Austria, United Kingdom, East Timor.

Further,US defense budget for 2019,The approved 2019 Department of Defense discretionary budget is $686.1 billion.


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