Strong ADP Jobs report Shakes Stocks, Boosts USD
ADP released another super strong job report for the US, noting private sector employment growth […]
ADP Report Another Huge Blow to Fed Pause Hopes, Jobless Claims in Line
Federal Reserve policymakers may well be dreading tomorrow’s jobs report now after today’s ADP number […]
Bitcoin Wandering in the Range
Market picture The cryptocurrency market lost another 0.5% of its capitalisation overnight, to 1.2 trillion. […]
FTSE 100 Drops Below June Low
Earlier we wrote about the reasons for the weak behavior of the UK stock market. […]
A Slew of Labour Market Data Comes ahead of Official June Payrolls Report Tomorrow
Markets Core bonds fell yesterday. Underperformance of US Treasuries vs Bunds triggered a technical break […]
US Crude Jumps Above 50-DMA
Minutes from the Federal Reserve’s (Fed) latest policy meeting were more hawkish than expected. The […]
U.S. Dollar Strength to Continue Until Inflation Beast is Quelled
Highlights The U.S. dollar had an incredible run throughout much of 2022 as the Federal […]
From “Fast and Furious” to “Frozen” – RBNZ to keep the OCR on hold
The Reserve Bank will leave the OCR at 5.50% at its July policy review. The […]
Fed Minutes Send Bond Yields Higher
The Fed minutes showed that policymakers were divided and that the hawks will still want […]
Euro Trading Quietly Around 1.09, FOMC Minutes Next
Eurozone and German Services PMIs weaken in June Markets looking for clues as Fed releases […]
Bitcoin Retreats, But Ethereum Poised for a Bullish Breakout
Market picture Cryptocurrency market capitalisation fell 0.7% over the past 24 hours to $1.21 trillion, […]
USD/JPY – Is Japan Mulling an Intervention?
Japanese Services PMI continues to expand Federal Reserve to release June meeting minutes on Wednesday […]