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Tag: NFP

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Strong NFP halts Equity Bounce, Causes Hike Worries

Asian stock markets were down on Monday and the US dollar held its ground after the U.S. payroll report came in at 528K - more than double the 250K forecasts. The stunning figure pointed to no signs of US recession and reinforced expectations of additional substantial rate hikes from the

Stocks Revive, US Dollar Declines as China Reopens

Stocks in Asia and US futures went up and seem to be recovering losses today, Monday, after China’s fewer Covid-19 cases prompted the easing of the local lockdowns. China is slowly getting back to normal with Shanghai planning to open on June 1, after a two-month lockdown, while in Beijing
blog omicron inflation mixed 6 12 21

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Omicron, Inflation, Mixed U.S. Jobs Report Cast Shadow over Markets

Omicron, the latest COVID-19 variant, has hit financial markets and has compromised economic recovery around the globe as countries were exiting the Delta triggered lockdowns. The week also starts at the wake of a mixed U.S. jobs report. Bitcoin, other cryptos and most Japan stocks are down while gold and
blog us dollar & pound 8 11 21
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U.S. Dollar & Pound Down, Oil & Gold Up

The new trading week opens with a weakened U.S. dollar and British Pound while inflation concerns are casting a shadow over global markets. Oil, the black gold, is on a rally while gold- the shiny metal – is also on the rise. Forex: The U.S. dollar (USD) fell on Monday
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NFP Below Expectations, Oil & Bitcoin on the Rise

The new trading week starts in the wake of a weak NFP figure, Bitcoin rising to a level it last reached in May, Asian stocks rising, US stocks falling and oil trading above $80 per barrel for the first time since 2014. NFP The September payrolls report for the U.S.
blog market at a glance delta 6.9.21
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Markets at a Glance: Delta variant, NFP, Oil & Crypto Updates

A new and exciting trading week begins this Monday with the release of the latest NFP data last Friday. US employment data added 235,000 jobs in August, a figure well below expectations leaving traders waiting for the Fed’s direction. According to Reuters, some analysts believe that the Fed may delay
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10-year Treasury Bonds Fall Ahead of Fed Minutes

Last week the NFP added 850K new jobs to the market. The better than expected figure signaled a gradual recovery in the economy. However, yesterday, 10-year US Treasury yields fell below 1.35%, the lowest since February 24. Yesterday’s ISM services data for June was released. The figures reflected than expected
Oil Price a Barrel
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Oil Prices Could Reach $80 a barrel in The Second Half of The Year

Last Friday, NFP data rose more than expected. The forecast of 700K fell short of the published figure of 850K. After better than expected data, the S&P 500 rose 0.8% on Friday for the seventh consecutive day. The Nasdaq, US Treasuries, and oil also did well. The dollar declined. The