Big Miss for ADP Employment Change; Weather Cited
The ADP Employment Change showed that the US economy added 106,000 private sector jobs in […]
ISM Shows U.S. Manufacturing Sector Contracted for a Third Month in a Row
The January ISM manufacturing index registered 47.4, slightly below expectations calling for a 48.0 print. […]
How Important Will Friday’s NFP Report Be for the Dollar?
The first US nonfarm payrolls report for 2023 will be published on Friday at 13:30 […]
US ADP employment grew 106k Jan, disrupted by weather
US ADP private employment grew 106k in January, below expectation of 168k. By sector, goods-producing […]
Fed Expected to Downshift Tightening Pace Again
Markets The build-up to a Fed decision usually brings lackluster trading. This time around, things […]
Will Easing Inflation and Slower Wages Get the Fed Closer to Pause?
Weak economic data ran to the rescue of the equity bulls on Tuesday. The Federal […]
Euro Area Inflation Data as an Appetizer Ahead of FOMC Tonight
Market movers today The main event today will be the FOMC meeting. Anything but a […]
Risk sentiment resilient ahead of FOMC rate hike, some previews
Fed is widely expected to continue to slow down its tightening pace today, and raise […]
Consumer Confidence Recap: A Rollercoaster of Economic Emotion
If you imagine the US economy as a rollercoaster ride, then the Conference Board’s Consumer […]
A Huge Few Days Aahead
We’re seeing plenty of caution in the markets this week which is perhaps not entirely […]
Futures Pare Earlier Losses as the Fed Meeting Begins
US futures Dow futures +0.25% at 33798 S&P futures +0.28% at 4034 Nasdaq futures +0.33% […]
Fed hikes 25bps to 4.50-4.75%, ongoing tightening appropriate
Fed raises federal funds rate by 25bps to 4.50-4.75% as widely expected by unanimous vote. […]