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The June US Services Purchasing Managers' Index conducted by Markit came in at 54.2 percent, up 0.6 percent from the May estimate. The Investing.com consensus was for 53.0 percent. Markit's Services...
In this morning's ADP employment report we got the June estimate of 158K new nonfarm private employment jobs from ADP, a decrease over May's 230K, which was a downward revision of 23K. The popular...
There is much noise but June inflation was probably low.We look at the Riksbank and money-market rate spreads. Reading the Markets Sweden will now take a break for a few weeks. To read the entire...
The unemployment rate will be published by the Bureau of Labor Statistics this Friday, July 7th. Alongside unemployment, Average Hourly Earnings and Change in Nonfarm Payrolls will also be...
SPX Monitoring purposes; Short SPX 6/26/17 at 2439.07. Monitoring purposes Gold: Long GDX (NYSE:GDX) on 6/22/17 at 22.36 Long-Term Trend monitor purposes: Neutral. A possible “Three Drives to...
Here is the opening statement from the Department of Labor for NonFarm Payrolls: In the week ending July 1, the advance figure for seasonally adjusted initial claims was 248,000, an increase of 4,000...
During yesterday's trading, the US dollar showed a variety of trends relative to major world currencies. The FOMC protocol showed that the representatives of the Federal Reserve did not see eye to eye...
Summary: The FOMC minutes release which showed the Fed is still divided over on the timing of when to begin shrinking its massive balance sheet disappointed the Dollar bulls, although the officials...
S&P 500 and Nasdaq advance while Dow slipsUS markets ended higher on Wednesday as Federal Reserve policy meeting minutes indicated central bank may start reducing its balance sheet soon and...
Over the years, I have regularly addressed the psychological and emotional pitfalls which ultimately lead individual investors to poor outcomes. The internet is regularly littered with a stream of...
by Pinchas CohenKey Events Investors are divided as Fed, US equities closed higher on a lower VIX, while yields dropped Rotation from tech to financials stuck on lower probability of reflation Oil...
Yesterday Onxeo announced its first preclinical proof-of-concept data with AsiDNA demonstrating the potential to be administrated intravenously. AsiDNA, a first-in-class DNA repair inhibitor, has...
The US dollar is narrowly mixed against the major currencies after being confined to tight ranges through the Asian session and European morning. Equities are nursing small losses, and interest rates...
No one is strong enough to do anythingLast night’s minutes from the Federal Reserve captured another central bank that is part of the ‘fraying consensus’; policy makers who want...
NZD/CADToday’s support: - 0.9404, 0.9388 and 0.9366 (main), where correction is possible. Break would give 0.9338, where correction also may be. Then follows 0.9315. Break of the latter would...