With the Fed now fully in data dependent mode, market participants will have plenty to chew on during the upcoming week. The labour market likely continued its improvement with 272k jobs added in March, although the unem…
With the Fed now fully in data dependent mode, market participants will have plenty to chew on during the upcoming week.
The labour market likely continued its improvement with 272k jobs added in March, although the unemployment rate was probably unchanged at 5.5% and wages likely expanded by only 0.2%.
Other data should be mixed, with mfg ISM improving modestly, trade deficit contracting, and construction activity shrinking once again.
While somewhat better on the whole, this week's data is unlikely to materially alter the market's perception about the probability of a June rate hike.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
