Commentary
Add as a preferred source on GoogleWestern Union notes: All eyes will be on Thursday's US retail sales data at 13:30 - the final top tier US economic report before the Federal Reserve's June 17 interest rate announcement. Friday's impressive US jobs data …
Western Union notes:
All eyes will be on Thursday's US retail sales data at 13:30 - the final top tier US economic report before the Federal Reserve's June 17 interest rate announcement.
Friday's impressive US jobs data has impacted not only the US dollar, but also US bonds and future interest rate expectations. Currently markets are shifting into a more hawkish Fed mindset which favours a stronger USD.
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…
