With official US economic data frozen, everyone, from investors to the Fed, is turning to private reports for clues on how the economy’s really doing.

Microsoft is in a wave 4 correction, and once it's fully completed, it can extend the rally within wave 5 from a technical point of view and according to Elliott wave theory.

On Wednesday, gold traded around 3,940 USD per troy ounce, stabilising near its lowest levels since early October.