Markets get support from lower as expected inflation data:
- Europe -> Eurostat: Jan 6th expecting 9,7 (10,1)
The above data could support the assumption, that the ECB might not be as aggressive and therefore a potential recession could not be as sharp.
This evening we expect the FED protocol from December.
It seems we might get into a situation of FOMO. Together with the high level of shorts, this could resolve in another squeeze.
Note: weak volume together with with fresh money