Weekly Market Analysis 04 - 8 December 2023

Last week, we followed the inflation analysis in Germany and the Eurozone and the growth analysis in the USA. While the economic price index in Germany increased by 0.4% monthly in November, annual inflation decreased to 3.2%, falling at the lowest rate since June 2021. While the economic price in the Eurozone was regulated, it decreased by 0.5% monthly, while annual inflation, which was 2.9% in October, decreased to 2.4% in November. It grew 5.2%, above the third cycle of the U.S. economic year. Global markets followed a complex course for a week. We are following an increase in ounce gold, it closed the week above $2.000 and started this week at $2.075.