The deep recession alert has been sounded! USA credit card debt unexpectedly plummets.
In November, USA consumer credit decreased significantly by 7.5 billion dollars, with unpaid credit card and other revolving debt balances plummeting by 13.8 billion dollars, marking the largest monthly drop since the economic shutdown triggered by the COVID-19 pandemic. Analysis suggests that whenever there is such a sharp decline in revolving credit, the USA economy is often on the brink of recession or already in recession.
NZD/USD: Risk for NZD Shifts to the Downside – UOB Group
FOMC Minutes Signal More USD Upside – DBS
Forex Today: Markets Await Comments From Fed Officials Ahead of Friday's Job Report
The Federal Reserve suddenly sends a significant "bang" as Gold fluctuates sharply at 2659, triggering a liquidation frenzy in Bitcoin with over 0.23 million people facing liquidations.
The Federal Reserve suddenly made a significant "big bang" announcement! Gold prices are experiencing severe fluctuations at 2,659! Bitcoin has triggered a liquidation frenzy! Over 0.23 million people are facing forced liquidation!
NZD/USD Remains Tepid Near 0.5600 After the Release of Chinese CPI Report
