Bitcoin prices temporarily rise above trendline resistance as US sentiment supports riskier assets. Is a potential ‘Santa Claus’ rally fueling demand for stocks and digital assets?

The Fed’s favored measure of US inflation, core PCE, rose by 4.7% on an annualized basis.

BoE rate hike impact on UK assets 3-months after liftoff

Year-End Short Squeeze and Thin Volumes Exacerbates FX Price Action

Financial markets are pushing slightly higher in early trade, boosted by positive US economic data and Omicron news flows.

Gold prices rose overnight going into the Asia-Pacific session as breakeven rates rose. PCE data is in focus for precious metals, and Silver may provide a better play if inflation beats expectations.

Crude continued higher as Omicron fears lessened and inventory numbers showed healthy demand for oil. Can WTI break higher?