ADP Hints at Another Strong NFP on Friday
The monthly ADP labour market report showed that America created 192K new jobs in April, […]
AUD/USD Stabilizes After Taking a Tumble, Fed Next
The Australian dollar has steadied on Wednesday after sliding 1.4% a day earlier. AUD/USD is […]
US ADP employment rises 192k in Apr, vs exp 180k
US ADP private employment grew 192k in April, above expectation of 180k. By sector, goods-producing […]
Will Post-FOMC Jobs Report Move Dollar?
US nonfarm payrolls scheduled for release on Friday 12:30 GMT Another solid report could question […]
Focus Turns to Fed
In focus today Today’s main event will be the FOMC meeting, where we and the […]
Is Fed Still on Track for a 2024 Rate Cut?
Mood among investors is not cheery into the Federal Reserve’s (Fed) latest monetary policy decision […]
US stocks plunge as market braces for hawkish Fed pivot
US stocks tumbled sharply overnight, concluding a turbulent April as traders anticipated a hawkish pivot […]
US Money Markets Have Discounted a New Hawkish Fed Pivot
Markets What a difference some inflation prints make… Following the Fed’s pivot in November and […]
US consumer confidence plunges to 97, lowest since Jul 2022
US Conference Board Consumer Confidence plunged from 103.1 to 97.0 in April, well below expectation […]
Euro Area Inflation in the Spotlight
In focus today Today, focus is on euro area inflation for April. Inflation has declined […]
Robust Earnings Defy Hawkish Fed Expectations
Tesla stole the light with a 15% jump on Monday after Elon Musk’s surprise visit […]
US ISM manufacturing falls to 49.2, prices surges to 60.9
US ISM Manufacturing PMI fell from 50.3 to 49.2 in April, below expectation of 50.1, […]