Release: Friday at 8:30 a.m. (EST). US employment figures provide an irreplaceable insight into the condition of the world’s largest economy. It’s also considered a leading indicator of consumer spending, which drives the economy. The combination of the indicator’s importance and swift reporting generally makes for sizable market moves. Stronger-than-expected figures, values that surprise, … Continue reading Friday’s US Employment Report
Category: Recent
Thursday 9th January: Asian markets soar as MidEast tensions appear to have eased
Global Markets: Asian Stock Markets : Nikkei up 2.31%, Shanghai Composite up 0.91%, Hang Seng up 1.40%, ASX up 0.83% Commodities : Gold at $1546.35 (-0.89%), Silver at $17.93 (-1.32%), Brent Oil at $65.59 (+0.23%), WTI Oil at $59.80 (+0.32%) Rates : US 10-year yield at 1.874, UK 10-year yield at 0.794, Germany 10-year yield … Continue reading Thursday 9th January: Asian markets soar as MidEast tensions appear to have eased
Thursday 9th January: Marked Improvement in Market Sentiment; Dollar Overpowers 97.00.
Europe’s single currency ceded further ground to the US dollar Wednesday, shedding 0.42% and clocking near-two-week lows a few points north of the 1.11 handle.
Wednesday 8th January: Asian markets fall as Iran retaliates with attack on US bases
Global Markets: Asian Stock Markets : Nikkei down 1.57%, Shanghai Composite down 1.22%, Hang Seng down 0.95%, ASX down 0.13% Commodities : Gold at $1589.75 (+0.98%), Silver at $18.56 (+0.92%), Brent Oil at $68.98 (+1.04%), WTI Oil at $63.20 (+0.80%) Rates : US 10-year yield at 1.785, UK 10-year yield at 0.788, Germany 10-year yield … Continue reading Wednesday 8th January: Asian markets fall as Iran retaliates with attack on US bases
Wednesday 8th January: Risk Aversion Bolsters Safe-Haven Markets.
Despite Monday’s firm opening, The US dollar index’s recent advance, aided by an upbeat US Non-Manufacturing PMI reading, took a bite out of the British pound Tuesday, shedding more than 45 points, or 0.37%.