Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
The US Dollar holds on to gains ahead of the US trading session on Monday. Comments from Fed’s Waller and the mixed Nonfarm Payrolls print are enough to fuel a stronger US Dollar for now. The US Dollar Index pops above 101.50 and looks to be heading towards 101.90 for a test. The US Dollar […]
In August, job growth in the US amounted to 142 thousand, which was slightly less than expected (consensus 165 thousand, Commerzbank forecast 150 thousand), Commerzbank’s Senior Economist Dr. Christoph Balz notes. The labor market remains a cause for concern “The US labor market barely recovered in August after the disappointing July report. 142 thousand new […]
The US Dollar trades strong and reverses nearly all losses incured last week. Markets see risk on while US Dollar rolls through markets. The US Dollar Index rallies into the 101-region and looks good to hold gains for this Thursday. The US Dollar (USD) trades substantially stronger and has reversed in a few pairs the […]
Is Soft Landing Secured Now?
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S&P 500 recovered from weak Thursday close, and there were subtle clues (shared with clients) as to why interest rate sensitive plays (beyond Russell 2000) would do better than largecaps Friday – the whole week slated to be a strong one. Little wonder – rates were not protesting, and confidence in soft landing growing. All […]
United States Baker Hughes US Oil Rig Count unchanged at 483 Source link
Oil price on the brink of flipping a negative performance into a positive one for this Monday’s trading day. Prices retreated earlier as traders focused on Chinese demand fears and efforts to get a ceasefire deal in Gaza. The US Dollar Index eases further after hedge funds go long on the Japanese Yen, which appreciates […]
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
Inflation in the US, as measured by the change in the Consumer Price Index (CPI), declined to 2.9% on a yearly basis in July from 3% in June, the US Bureau of Labor Statistics (BLS) reported on Wednesday. This reading came in line with the market expectation. The annual core CPI, which excludes volatile food […]
The US Dollar eases a touch on the back of softer PPI release. Carry and high-beta currencies are pushing back against the US Dollar. The US Dollar index orbits around the 103.18 pivotal level. The US Dollar (USD) trades a touch softer on Tuesday, after the July Producer Price Index (PPI) numbers came in softer […]
Oil price jumps higher for a fourth consecutive day on Monday. Traders send Oil prices higher on trimmed demand outlook from OPEC. The US Dollar Index trades at a pivotal level after being glued to it since last week. Oil price jumps higher for a fourth straight day in a row on Monday. Oil traders […]
The US Dollar erases earlier losses and heads back to flat. The technical picture raises a worrying sign for the coming weeks. The US Dollar index closed above a key level on Thursday. The US Dollar (USD) started on the back foot again on Friday and has been able to erase earlier incurred losses towards the […]
