FX & CFD trading involves significant risk
Stocks have surrendered a chunk of their gains in recent trade. There is no clear catalyst to account for the slip, but it coincides with a move by Treasuries to their session high.
December consumer credit, the only item on the economic calendar, was just released. It showed an increase of $6.09 billion, which is far more than the $2.50 billion increase that had been expected, on average, among polled economists. Consumer credit for November was revised upward to $2.02 billion from $1.34 billion.
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