- Market participants will face hectic economic release calendars both before and after the Christmas holidays.
- On the positive side, real GDP growth in Q3 likely will be marked up once again to 4.4%, while durable goods bookings and consumer spending in November are expected best consensus expectations.
- Conversely, updates on existing and new home sales probably will support the FOMC's observation that the recovery in the housing sector remains slow.
- No Federal Reserve officials will take the stump until 3 January, 2015.
The material has been provided by InstaForex Company – www.instaforex.com