The US Dollar, once an unfaltering symbol of global financial stability, has recently exhibited a volatile performance. While it initially surged on the back of aggressive interest rate hikes by the Federal Reserve, it has since retreated as market expectations for future tightening have moderated. The confluence of economic factors, …
Read More »How Are Gold Prices Facing A Stormy Economic Agenda?
A Tale of Two Reports: NFP and ISM The recent release of the Non-Farm Payroll (NFP) and Institute for Supply Management (ISM) Manufacturing PMI reports has sent mixed signals about the state of the US economy. While the NFP report painted a picture of a slowing labor market, the ISM …
Read More »Fed’s Tightening Grip: A Deeper Look at the Shrinking RRP
The Federal Reserve’s ongoing efforts to tighten monetary policy have led to a significant decline in the amount of money parked at its overnight reverse repurchase agreement (RRP) facility. This development has sparked renewed debate about the potential for a liquidity crunch in the US financial system.As of Friday, the …
Read More »Fed Expected To Address Recent Labour Data With Caution
The Federal Reserve is poised to once again navigate a complex economic landscape as it prepares for its upcoming policy meeting. While the central bank is widely expected to implement a modest interest rate cut, the underlying economic conditions present a nuanced picture. The recent employment report, though initially underwhelming, …
Read More »US Job Growth Slows Sharply in October Amid Hurricanes and Strikes
The U.S. labor market experienced a significant slowdown in October, with nonfarm payrolls adding just 12,000 jobs, far below the expected 106,000. This steep drop comes after September’s revised 223,000 job increase, as the Labor Department indicated that severe hurricanes in the Southeast and strikes in manufacturing weighed heavily on …
Read More »European Markets Edge Up Amid Caution Ahead of U.S. Jobs Data and Presidential Election
European stock markets traded modestly higher on Friday morning as investors awaited the release of key U.S. nonfarm payrolls data, along with the impending U.S. presidential election. At the start of the European trading session, the DAX in Germany gained 0.2%, France’s CAC 40 rose 0.3%, and the U.K.’s FTSE …
Read More »Market Drivers; US Session
US Dollar Weakens on Yen Strength and Fed Rate Hike UncertaintyThe US Dollar weakened on Thursday as the Japanese Yen strengthened after a slightly hawkish tone from the Bank of Japan. The upcoming US labor market report on Friday is crucial for determining the Federal Reserve’s future rate hike path. …
Read More »How should investors get prepared for Market Moves, Fluctuations Amid US Election?
Preparing for Market Volatility Ahead of the US Election As the US election approaches, investors are bracing for potential market moves and fluctuations. Preparing for these shifts involves several strategic steps to mitigate risk and capitalize on opportunities.One of the most important strategies is portfolio diversification. By spreading investments across …
Read More »US Dollar Softens Ahead of NFP Report
The US Dollar weakened on Thursday, despite persistent inflationary pressures and lower-than-expected jobless claims. The Personal Consumption Expenditure (PCE) Price Index, a key inflation gauge, rose 2.1% year-over-year in September, while core PCE remained steady at 2.7%. Additionally, initial jobless claims declined to 216,000, defying market expectations of an increase.Market …
Read More »What Can Investors, Markets Expect from Looming NFP Report?
A Foggy Crystal Ball: Unraveling the October NFP ReportThe upcoming October Non-Farm Payroll (NFP) report is poised to provide a clearer picture of the US labour market, but the impact of recent hurricanes and labour strikes is expected to cloud the outlook. While economists anticipate a slowdown in job growth …
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