The Conference Board's Leading Economic Index (LEI) for the United States contracted by 0.1% in December, marking the 21st consecutive month and the 22nd of the last 24 months of decline, which is just one month short of the record losing streak post 'Lehman'. The overall decrease from June to December was 2.9%, and the six-month change in the LEI also improved, up to -2.7%. Despite the ongoing decline, the U.S. economy does not appear to be moving closer to a recession. The Conference Board now forecasts U.S. GDP growth to turn negative in the second and third quarters of 2024, a delay from prior predictions of a recession starting in 2023. Meanwhile, the Bank of Japan (BoJ) maintained its ultra-easy monetary policy settings, keeping the short-term interest rate target at -0.1% and the 10-year JGB yield target around 0%. The BoJ revised its inflation outlook through fiscal year 2025, with the Board's core CPI fiscal 2025 median forecast at +1.8%, and noted that it is prepared to take additional easing measures if necessary. The BoJ reported core consumer inflation falls below 2.5%, but Japan's economy is anticipated to maintain a moderate recovery. Risks are balanced for the economy and prices up and down, with wages and inflation on the rise. Japan's financial system remains stable overall, with the Board's core CPI fiscal 2023 median forecast remaining at +2.8% and fiscal 2024 median forecast at +2.4%. A moderate increase in consumption continues, and vigilance is needed for financial and FX market moves and their impact on Japan's economy and prices. The BoJ will continue with Quantitative and Qualitative Monetary Easing (QQE) and Yield Curve Control (YCC) as long as needed, as economic risks remain generally balanced.
🇵🇱 Unemployment Rate (Dec) Actual: 5.1% Expected: 5.1% Previous: 5% https://t.co/pkFOzjm6uT
Heads Up:🇵🇱 Unemployment Rate (Dec) due at 09:00 GMT (15min) Expected: 5.1% Previous: 5% https://t.co/pkFOzjm6uT
🇿🇦 Inflation Rate YoY (Dec) Actual: 5.1% Expected: 5.2% Previous: 5.5% https://t.co/pkFOzjm6uT
🇿🇦 Inflation Rate MoM (Dec) Actual: 0% Expected: 0.1% Previous: -0.1% https://t.co/pkFOzjm6uT
Heads Up:🇿🇦 Inflation Rate MoM (Dec) due at 08:00 GMT (15min) Expected: 0.1% Previous: -0.1% https://t.co/pkFOzjm6uT
Heads Up:🇿🇦 Inflation Rate YoY (Dec) due at 08:00 GMT (15min) Expected: 5.2% Previous: 5.5% https://t.co/pkFOzjm6uT
The annual inflation rate in New Zealand eased to 4.7% in the three months to December of 2023, from 5.6% in the third quarter. It marked the lowest reading since the second quarter of 2021.
10-Year JGB Yield Rises 10Bps On Repriced Rate-Hike Odds
🔴 JAPAN'S 10-YEAR YIELD UP 10BPS AS RATE-HIKE EXPECTATIONS REVISED
🔴 RBNZ'S SECTORAL FACTOR INFLATION MODEL SHOWS 4.5% YEAR ON YEAR IN Q4.
New Zealand fourth-quarter CPI rises 0.5% on quarter https://t.co/KqY4a41lsm https://t.co/fbIvhStBEN
🇦🇺 Australia MI Leading Index (MoM) (Dec) $AUD Actual: -0.0% Previous: 0.1%
🇦🇺 Westpac Leading Index MoM (Dec) Actual: 0.01% Previous: 0.1% https://t.co/pkFOzjm6uT
🇯🇵 Japan Adjusted Trade Balance $JPY Actual: -0.35T 🟢 Expected: -0.45T Previous: -0.41T
🇦🇺 Australia MI Leading Index (MoM) $AUD Actual: 0.0% Previous: 0.1%
🇯🇵 Balance of Trade (Dec) Actual: ¥62.1B Expected: ¥-122.1B Previous: ¥-780.4B https://t.co/1l6L5jI9ex
🇯🇵 Japan Trade Balance (Dec) $JPY Actual: 62.1B 🟢 Expected: -122.1B Previous: -776.9B
Heads Up:🇯🇵 Balance of Trade (Dec) due at 23:50 GMT (15min) Expected: ¥-122.1B Previous: ¥-776.9B https://t.co/1l6L5jI9ex
The Bank of Japan said that conditions for phasing out its huge stimulus were falling into place, suggesting that an end to negative interest rates was nearing. Read more: https://t.co/ZA361tfKWb https://t.co/G10kJNabux
New Zealand inflation slowed more than the central bank expected in the fourth quarter, although indicators of domestic price pressures remain stubbornly high https://t.co/nRYJbFZeVt
⚠️ NEW ZEALAND 4Q CPI RISES 0.5% ON QUARTER Full Story → https://t.co/HqulACyX5t https://t.co/Q5SukkUEwl
🇳🇿 Inflation Rate QoQ (Q4) Actual: 0.5% Expected: 0.5% Previous: 1.8% https://t.co/1l6L5jI9ex
🇳🇿 Inflation Rate YoY (Q4) Actual: 4.7% Expected: 4.7% Previous: 5.6% https://t.co/1l6L5jI9ex
🔴 NEW ZEALAND CPI YOY ACTUAL 4.7% (FORECAST 4.7%, PREVIOUS 5.6%) $MACRO
🇳🇿 New Zealand CPI (QoQ) (Q4) $NZD Actual: 0.5% Expected: 0.5% Previous: 1.8%
🇳🇿 New Zealand CPI (YoY) (Q4) $NZD Actual: 4.7% Expected: 4.7% Previous: 5.6%
Heads Up:🇳🇿 Inflation Rate YoY (Q4) due at 21:45 GMT (15min) Expected: 4.7% Previous: 5.6% https://t.co/1l6L5jI9ex
🇰🇷 Consumer Confidence (Jan) Actual: 101.6 Previous: 99.5 https://t.co/1l6L5jI9ex
Heads Up:🇰🇷 Consumer Confidence (Jan) due at 21:00 GMT (15min) Previous: 99.5 https://t.co/1l6L5jI9ex
The Bank of Japan said that conditions for phasing out its huge stimulus were falling into place, suggesting that an end to negative interest rates was nearing https://t.co/OKBrRBr7z4 https://t.co/G0IioNyY68
More evidence of a rapid decline in the economy: This morning, the Richmond Fed reported January manufacturing activity plummeted to -15 vs -8 expected, the lowest since COVID lock downs. New orders fell further into contraction (from −14 to −16), and employment collapsed from… https://t.co/FiysZoklf3
January @RichmondFed Manufacturing Index (blue) fell to -15 vs. -8 est. & -11 in prior month (now at lowest since May 2020)…new orders worsened; shipments remained in contraction but improved marginally relative to prior month…employment fell sharply to -15 https://t.co/CIxSznMIhQ
Richmond #Fed: Jan Manufacturing Index -15 Vs Dec -11
💶 Consumer Confidence Flash (Jan) Actual: -16.1 Expected: -14.3 Previous: -15.1 https://t.co/1l6L5jIH45
US Richmond Fed Manufact. Index Jan: -15 (est -8; prev -11) - Richmond Fed Business Conditions Jan: -3 (prev 0)
🔴 RICHMOND FED COMPOSITE INDEX JANUARY REPORT https://t.co/quVQnClA7r
🔴 EUROZONE CONSUMER CONFIDENCE FLASH ACTUAL -16.1 (FORECAST -14.3, PREVIOUS -15.0) $MACRO
🇪🇺 Europe Consumer Confidence (Jan) $EUR Actual: -16.1 🔴 Expected: -14.3 Previous: -15.0
🇺🇸 Richmond Fed: Jan Manufacturing Index -15 Vs Dec -11
🔴 RICHMOND FED COMP. INDEX ACTUAL -15 (FORECAST -6, PREVIOUS -11) $MACRO
🇺🇸 United States Richmond Manufacturing Shipments (Jan) $USD Actual: -15 Previous: -17
🇺🇸 United States Richmond Manufacturing Index (Jan) $USD Actual: -15 🔴 Expected: -7 Previous: -11
🇺🇸 United States Richmond Services Index (Jan) $USD Actual: 4 Previous: 0
Heads Up:💶 Consumer Confidence Flash (Jan) due at 15:00 GMT (15min) Expected: -14.3 Previous: -15.0 https://t.co/1l6L5jIH45
BOJ Needs More Inflation Certainty to End Negative Rates in April: Wakatabe Published on 12:03 AM @marcmakingsense analysis today underscores what former @BOJ Wakatabe told me last night. Here's link to my interview/podcast/video https://t.co/owU3ozhdBd https://t.co/QhELC9e8kB
Non-manufacturing Index from @philadelphiafed dipped back into contraction in January … now at -3.7 vs. +6.3 in prior month https://t.co/Isa0o6jvp5
🇨🇦 New Housing Price Index YoY (Dec) Actual: -0.9% Previous: -0.9% https://t.co/1l6L5jI9ex
🇨🇦 Canada New Housing Price Index (MoM) (Dec) $CAD Actual: 0.0% Expected: 0.0% Previous: -0.2%
Heads Up:🇨🇦 New Housing Price Index YoY (Dec) due at 13:30 GMT (15min) Previous: -0.9% https://t.co/1l6L5jI9ex
🔸 Redfin Home Price Index: Prices Rose 0.4% in December—the Smallest Increase in Six Months U.S. home prices climbed 0.4% month over month in December, the smallest increase since June. December represented the third straight month of slowing price growth. On a year-over-year…
Despite staying in negative territory in December, year/year % change in @Conferenceboard Leading Economic Index improved directionally (second-derivative change was constructive) https://t.co/GXpZl6IV2G
December decline in @Conferenceboard Leading Economic Index marked 21st consecutive monthly drop … one month away from reaching streak during early 1970s https://t.co/VhJxz2Vrp4
BOJ Edges Closer to Rate Hike While Keeping Timing Options Open - BBG https://t.co/ZUARBHh5Mt
What do you think, traders? 📈📉 Tell us when you think #BoJ will exit negative interest rates after holding steady in today's meeting.
🔴 JAPAN'S TOP FINANCIAL DIPLOMAT KANDA WHEN ASKED ABOUT BOJ POLICY DECISION: WE WILL DEAL WITH MARKET APPROPRIATELY.
Singapore Dec core inflation at 3.3% y/y https://t.co/twmZ9gunfI https://t.co/QJT3UoM9GK
Bank of Japan's Ueda says it's getting closer to achieving sustainable inflation https://t.co/tkyBaYgQqm
BOJ Governor Ueda's comments at news conference https://t.co/Jm2EDvPjSd https://t.co/MtgbLrp5vq
🔴 BOJ'S GOVERNOR UEDA: WE CAN'T SAY NOW HOW LONG EASY POLICY WILL REMAIN AFTER NEGATIVE INTEREST RATE POLICY ENDS.
🔴 BOJ'S GOVERNOR UEDA: WE DON'T HAVE PRECONCEIVED ORDER OF POLICY STEPS WHEN CHANGING POLICY.
⚠️ JUST IN: *BOJ KEEPS ULTRA-LOW INTEREST RATES AS EXPECTED, MAINTAINS DOVISH STANCE $JPY 🇯🇵🇯🇵 https://t.co/gQjtJX8HfG
🔴 BOJ'S GOVERNOR UEDA: WE'RE GOING TO AVOID DISCONTINUITY OVER LONG-TERM JGB BUYING AT EXIT.
🔴 BOJ'S GOVERNOR UEDA: EXPECTATIONS FOR SOFT LANDING IN THE US ECONOMY ARE GROWING.
⚠️ JUST IN: *BANK OF JAPAN RATE DECISION: -0.10%; EST. -0.10%; PREV. -0.10% 🇯🇵🇯🇵 https://t.co/98PkBh5SLr
🔴 BOJ'S GOVERNOR UEDA: THE CONSIDERATION OF WHETHER TO CONTINUE ETF BUYING IS SEPARATE ISSUE FROM WHETHER TO SELL.
🔴 BOJ GOVERNOR UEDA DISCUSSES USING ECONOMIC DATA FOR WAGES AT SMALL FIRMS
🔴 BOJ GOVERNOR UEDA: NO REQUIREMENT FOR ALL SMES TO INCREASE WAGES SIGNIFICANTLY FOR POLICY CHANGE
🔴 BOJ GOVERNOR UEDA: NO SIGNIFICANT MACROECONOMIC IMPACT FROM NOTO PENINSULA EARTHQUAKE CURRENTLY
🔴 BOJ GOVERNOR UEDA: MORE DATA AVAILABLE AT APRIL POLICY MEETING COMPARED TO MARCH
🔴 BOJ GOVERNOR UEDA EXPECTS ACCOMMODATIVE CONDITIONS TO PERSIST FOR SOME TIME
🔴 BOJ GOVERNOR UEDA: SERVICES INFLATION SHOWS GRADUAL RISE EVEN AFTER EXCLUDING OBVIOUSLY TEMPORARY FACTORS
⚠️ BOJ GOVERNOR UEDA'S COMMENTS AT NEWS CONFERENCE (Reuters) The Bank of Japan maintained ultra-easy monetary settings on Tuesday in a widely expected move, as policymakers allow more time to determine whether wage increases will broaden enough to keep inflation sustainably at…
🔴 EXPECT BOJ TO COLLABORATE CLOSELY WITH GOVERNMENT, IMPLEMENT SUITABLE MONETARY POLICY TO ACHIEVE ITS PRICE GOAL SUSTAINABLY AND STABLY WHILE SUPPORTING WAGE GROWTH.
🔴 BOJ GOVERNOR UEDA SAYS OUTPUT GAP DOESN'T NEED TO TURN POSITIVE TO ACHIEVE INFLATION TARGET
BoJ’s Ueda: Can't Quantify How Much Closer We Are To Exiting Negative Rate Policy
🔴 BOJ GOVERNOR UEDA: NO WAY TO MEASURE HOW CLOSE WE ARE TO ENDING NEGATIVE RATES
🔴 BOJ GOVERNOR UEDA SAYS IMPORT PRICES' IMPACT CONTINUES, BUT IT IS PAST ITS PEAK
🔴 BOJ GOVERNOR UEDA TO CLOSELY MONITOR EARTHQUAKE'S IMPACT ON SUPPLY CHAINS, TOURISM, AND CONSUMER CONFIDENCE
🔴 BOJ GOVERNOR UEDA NOTES INCOMPLETE UNDERSTANDING OF ECONOMIC IMPACT OF NOTO PENINSULA EARTHQUAKE
BoJ’s Ueda: To Mull If Negative Rate Should Be Kept If Price Goal In Sight - Confirmed That Economy Is Progressing In Line With Our Forecast
🔴 BOJ GOVERNOR UEDA BELIEVES MAJOR POLICY DISCONTINUITY CAN BE AVOIDED GIVEN CURRENT PRICES AND ECONOMIC OUTLOOKS
BoJ’s Ueda: Certainty For BoJ’s Outlook Is Rising Gradually - Uncertainties Are High For Price Outlook - Won't Hesitate To Take Additional Easing Measures If Necessary
🔴 BOJ GOVERNOR UEDA: PREPARED TO TAKE ADDITIONAL EASING MEASURES IF NEEDED
🔴 GOVERNOR UEDA OF BOJ: MUST MONITOR FINANCIAL AND FX MARKET IMPACT ON JAPAN'S ECONOMY AND PRICES
🔴 BOJ GOVERNOR UEDA HOLDS NEWS CONFERENCE: WATCH LIVE ON SOURCE INSIDER (JAPANESE LANGUAGE)
Singapore’s core inflation unexpectedly picked up pace in December, signaling that price pressures in the city-state remain persistent https://t.co/GnX1zNmSda
⚠️ SINGAPORE DEC CORE INFLATION AT 3.3% Y/Y (Reuters) Singapore's key consumer price gauge rose 3.3% in December on a yearly basis, official data showed on Tuesday. The core inflation rate - which excludes private road transport and accommodation costs - was above the 3.1%… https://t.co/P5sD29GoPL
BOJ Needs More Inflation Certainty to End Negative Rates in April: Wakatabe Former BOJ Deputy Governor Sees "Two Japans" in Play now https://t.co/UkOdW1uXEW
🇯🇵 Japan BoJ Core CPI (YoY) $JPY Actual: 2.6% 🔴 Expected: 2.8% Previous: 2.7%
🇸🇬 Singapore CPI (YoY) (Dec) $SGD Actual: 3.7% 🟢 Expected: 3.5% Previous: 3.6%
🇸🇬 Singapore Core CPI (YoY) (Dec) $SGD Actual: 3.30% 🟢 Expected: 3.10% Previous: 3.20%
No hike from the BoJ tonight as the central bank cut its inflation forecast from 2.8% to 2.4% https://t.co/rpEoOiiIQn
> Rates unchanged at -0.1 > Quantitative easing to continue > Yield curve control t&c remains the same Now we wait for the press conference to get Mr. Ueda's thoughts/ plans for the year... $JPY https://t.co/U3RBuADu3d
BoJ Rate Decision Actual -0.10%, Forcast - 0.10%, Previous - 0.10%
The Bank of Japan kept its monetary policy settings steady while offering no clear hints as to the timing for a potential end of the negative interest rate https://t.co/G3UpfVEMWV
🔴 BOJ: WE WILL KEEP EASING PATIENTLY FOR PRICE GOAL WITH WAGE GAINS.
⚠️ BOJ KEEPS ULTRA-LOOSE POLICY INTACT, CUTS INFLATION FORECAST Full Story → https://t.co/VR1b6RLlXf https://t.co/QFuE9fKwcW
WATCH LIVE: BoJ Governor Ueda To Hold Press Conference Following MonPol Announcement Approx. 06:20 GMT $USDJPY https://t.co/SZWS7WqAMJ
🔴 BOJ: BOARD'S CORE CPI FISCAL 2025 MEDIAN FORECAST AT +1.8% VS +1.7% IN OCTOBER.
🔴 BOJ: BOARD'S CORE CPI FISCAL 2024 MEDIAN FORECAST AT +2.4% VS +2.8% IN OCTOBER.
🔴 BOJ REPORT: WAGES AND INFLATION ON THE RISE
🔴 JAPAN'S OUTPUT GAP IMPROVING, EXPECTED TO GRADUALLY EXPAND AHEAD: BOJ REPORT
🔴 INFLATION EXPECTED TO GRADUALLY REACH BOJ'S TARGET BY END OF PROJECTED PERIOD: QUARTERLY REPORT
🔴 BOJ REPORT: MODERATE INCREASE IN CONSUMPTION CONTINUES.
🔴 BOJ REPORT: CORE CONSUMER INFLATION FALLS BELOW 2.5%, ATTRIBUTED TO MODERATE INCREASE IN SERVICE CHARGES.
BoJ Maintain Short-Term Interest Rate Target At -0.1% - Maintains 10-Year #JGB Yield Target Around 0% - Keeps Upper Bound Reference On Long-Term Yields At 1% $USDJPY
🔴 BOJ QUARTERLY REPORT: VIGILANCE NEEDED FOR FINANCIAL AND FX MARKET MOVES AND THEIR IMPACT ON JAPAN'S ECONOMY AND PRICES.
🔴 BOJ QUARTERLY REPORT: JAPAN'S ECONOMY ANTICIPATED TO MAINTAIN MODERATE RECOVERY
🔴 BOJ QUARTERLY REPORT: JAPAN'S FINANCIAL SYSTEM REMAINS STABLE OVERALL
🔴 BOJ QUARTERLY REPORT: CONTINUES MONETARY EASING WHILE ADAPTING TO DEVELOPMENTS
🔴 BOJ CLOSELY WATCHING RISKS, EXPECTS VIRTUOUS CYCLE OF WAGES AND PRICES TO STRENGTHEN AHEAD.
🔴 BOJ QUARTERLY REPORT: ADDITIONAL EASING STEPS POSSIBLE IF NECESSARY
🔴 BOJ QUARTERLY REPORT: WILL CONTINUE WITH QQE AND YCC AS LONG AS NEEDED
🔴 BOJ: RISKS BALANCED FOR ECONOMY AND PRICES UP AND DOWN
🔴 BOJ QUARTERLY REPORT: MONITORING INTENSIFICATION OF VIRTUOUS CYCLE BETWEEN WAGES AND PRICES
🔴 BOJ: NEED TO CLOSELY MONITOR FINANCIAL AND CURRENCY MARKETS AND THEIR IMPACT ON JAPAN'S ECONOMY AND PRICES
🔴 BOJ QUARTERLY REPORT: ECONOMIC RISKS REMAIN GENERALLY BALANCED
🔴 BOJ QUARTERLY REPORT SEES HIGH UNCERTAINTY OVER JAPAN'S ECONOMY AND PRICES
🔴 BANK OF JAPAN: BOARD'S CORE CPI FISCAL 2023 MEDIAN FORECAST REMAINS AT +2.8% COMPARED TO +2.8% IN OCT.
🔴 BOJ BOARD EXPECTS CORE CPI TO REACH 3.8% BY FISCAL 2023, UNCHANGED FROM OCTOBER FORECAST
🔴 BOJ KEEPS 10-YEAR JGB YIELD TARGET AT APPROXIMATELY 0%
🇯🇵 BoJ Interest Rate Decision Actual: -0.1% Expected: -0.1% Previous: -0.1% https://t.co/1l6L5jI9ex
BOJ to debate signs of progress towards price goal, policy seen steady https://t.co/24AhxkmkMB https://t.co/ydUqpdvSdC
The @Conferenceboard LEI was negative again last month, now 22 consecutive months. The @CarsonResearch Proprietary LEI told a much different story this whole time, firmly saying there was no recession coming. We put less emphasis on manufacturing and sentiment. https://t.co/tpCaNV4Ply
⚠️ BOJ TO DEBATE SIGNS OF PROGRESS TOWARDS PRICE GOAL, POLICY SEEN STEADY Full Story → https://t.co/0Yui6cckXR https://t.co/CyyJmOGttE
*BOJ TO REVISE INFLATION OUTLOOK THROUGH FY'25: NIKKEI
BoJ To Revise Price Outlook Through FY2025 At Afternoon Press Conference - @nikkei https://t.co/xUsVKHWuNG
BANK OF JAPAN PREVIEW NOTES! NO INFLATION PROBLEM IN JAPAN! The BoJ has 2024 fiscal year core inflation projects (ex fresh food and energy) at 1.9% as the modal outcome (the same for 2025). To move the needle on policy, the likely need to increase the 2024/2025 assumptions in… https://t.co/BkTenGRNCT
The Leading Economic Index declined for the 21st month in a row, the longest down streak since 2007-08. The Conference Board is now forecasting US "GDP growth to turn negative in Q2 and Q3 of 2024," pushed back from prior calls for a recession to start in Q1/Q2/Q3/Q4 2023. https://t.co/TjWZtaMg0f
The Leading Economic Index declined for the 21st month in a row, the longest down streak since 2007-08. The Conference Board is now forecasting "GDP growth to turn negative in Q2 and Q3 of 2024," pushed back from prior calls for a recession to start in Q1/Q2/Q3/Q4 2023. https://t.co/GV7y7ZyWcI
🔴 S. KOREAN PPI YOY ACTUAL 1.2% (FORECAST -, PREVIOUS 0.6%) $MACRO
🇰🇷 South Korea PPI (MoM) (Dec) $KRW Actual: 0.1% Previous: -0.4%
Recession dead ahead? The Conference Board's Leading Economic Indicators (LEI) continued to decline in December, the 21st straight MoM decline (and 22nd of the last 24), just one month short of the record losing streak post 'Lehman'. The biggest positive contribution to the…
The U.S. economy hasn't behaved as expected since the pandemic - no surprise. Take the leading economic index. It's fallen 21 months in a row, the third longest losing streak on record. And yet, no sign a recession is any closer. https://t.co/x0oLCdtzzf https://t.co/6M2D9yHvMt
Leading indicators fall again, but U.S. appears no closer to recession. https://t.co/CAc7SIK24f https://t.co/LRIaPipFFY
December Leading Economic Index from @Conferenceboard fell by -0.1% month/month vs. -0.3% est. & -0.5% in prior month … smallest decline since March 2022 https://t.co/TVtoIRbCEC
Leading indicators fall again, but U.S. appears no closer to recession https://t.co/iPjbiboODM
🇺🇸 The Conference Board Leading Economic Index is still flashing a recession warning, despite the soft landing sentiment everywhere else… The LEI fell by 0.1% in December 2023 after declining 0.5% in November, making the overall decrease over Jun-Dec 2.9% „The US LEI fell… https://t.co/VUIKai410m
The Conference Board's Leading Economic Index contracted in Dec for the 21st consecutive month (-0.1%). The pace of the decline was an improvement from the -0.5% decline in Nov and -1.0% in Oct. More importantly, the 6m change also continued to improve, up to -2.7% from the… https://t.co/3eUVW7Pjo8
🔴 US LEADING INDEX CHANGE MOM ACTUAL -0.1% (FORECAST -0.3%, PREVIOUS -0.5%) $MACRO
US Leading Index Dec: -0.1% (est -0.3%; prev -0.5%)
Heads Up:🇺🇸 CB Leading Index MoM (Dec) due at 15:00 GMT (15min) Expected: -0.3% Previous: -0.5% https://t.co/BpRhCg7Tgs