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Non Farm Payroll and Market reaction
NFP missed the expectationsWhile None Farm Payroll again missed the expectation on 559K, less than 650K estimates, April upward revision also was minor than getting the attention, only 12K from 266,000 to 278,000. According to a Labor Department repo...
USD back to warily!
Market Update ahead of NFPAs it was expected and mentioned earlier this week, as much as we are getting closer to the NFP data should wait for stronger USD, since market pricing more and more on FED possible Hawkish; however, the risk of surprise of...
Employment data and FED in focus
FED started its' signals?While Initial Jobless Claims fall sharply to 385K and ADP Nonfarm Employment Change in May raised to 978K; however, the market is putting more price on tomorrow's NFP data, where we are expecting to see Nonfarm Payrolls to re...
Oil after OPEC meeting
Stronger Oil price lifting Energy Stocks!Stock markets are trading near their record highs, especially in Europe, as investors are pricing more on faster economic recovery after yesterday`s impressive PMI data. And more substantial Oil prices lifting...
What's up in the Market?
Daily Market review - June 2US 10-year bond yields still moved above 1.60% and helped the U.S. dollar index regain yesterday`s loss. Currently, it is trading at 89.90, 0.4% higher than yesterday`s low, following increasing U.S. data and despite dovis...
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