Tag: Average Hourly Earnings
Breaking News
In-line NFP Report Bolsters Fed Rate Hike Odds, Dollar has its day, Bitcoin unfazed
European and US stocks markets are closed for Good Friday (Europe will stay closed on Monday)
US Jobs Report raised odds of a Fed...
British pound flirts with 1.20 as GDP outperforms, US nonfarm payrolls expected to slow
The British pound has extended its gains and is trading at 1.1996 in Europe, up 0.62%. Earlier, GBP/USD pushed above the symbolic 1.20...
USD/JPY – yen slips after BoJ maintains policy settings, US nonfarm payrolls loom
The Japanese yen is trading at 1.36.83 in the European session, down 0.52%. USD/JPY fell 0.90% on Thursday but has recovered much of...
Canadian dollar eyes US, Canadian job reports
The Canadian dollar continues to sag and has dropped 1.9% this week. Hold onto your hats, as we could have some further volatility...
Week Ahead – A pivotal moment
US
The US has a very busy week ahead. The two main events are Fed Chair Powell’s semi-annual testimony to Congress and the nonfarm...
NFP React: Stocks rise on strong jobs report and Slowing Wage pressures, ISM Services contract, Oil rises, Gold higher as Fed hiking job almost...
US stocks initially rallied after the NFP report showed the labor market remains strong and as wage price spiral risks are easing. The...
NFP payrolls news and its impact on Bitcoin price
Bitcoin price has been in a consolidation phase in the past few weeks.
The US will publish...
NFP React: Fed bets rise post hot NFP report, Stocks lower, Oil awaits big week ahead, Gold dips, Cryptos little changed
US stocks tumbled after the nonfarm payroll report showed the labor market, especially wage pressures, is not cooling quickly at all. Wall Street...
Week Ahead – Shock waves
Massive uncertainty remains It’s been another week of significant volatility in financial markets and there’s little reason to expect next week will be any different. The Russian invasion of Ukraine sent shock waves around the world and the ripple effects were felt throughout the markets as investors were forced to consider what the consequences would […]
Oil rallies, gold steady
Oil Crude prices have been in a ping-pong session over the past couple of days as energy traders monitor headlines regarding the Russia-Ukraine geopolitical conflict and Iran nuclear talks. The Biden administration reached out to the Saudis but was unable to make any progress in getting oil prices down. The Saudis are sticking to their […]
Inflation shock, Stocks pare losses as Wall Street eyes half point March Fed rate hike, bitcoin
A hot inflation release has Wall Street bracing for a half-point Fed rate hike in March, with a full percentage point of hikes by July. Everything got more expensive in January and fears remain that it will get worst. US stocks initially tumbled after surging prices made swap markets add another Fed rate hike, bringing […]
NFP React: Payroll Shocker, Wall Street eyes half-point March liftoff, Amazon impresses
US stocks traded mixed after a surprisingly strong employment report made some investors nervous the Fed will be forced to be much more aggressive with fighting inflation. The Nasdaq was boosted after yesterday’s flawless Amazon earnings report. Amazon delivered strong eps and AWS revenue beats, reported a $12 billion gain from their bet on Rivian, […]
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