Friday's US GDP revisions missed expectations, raising concerns of a sharper pull-back in US economic growth this year ahead of Payrolls Friday on April 3rd. Fed Chair Janet Yellen was also speaking on Friday evening and…
Friday's US GDP revisions missed expectations, raising concerns of a sharper pull-back in US economic growth this year ahead of Payrolls Friday on April 3rd. Fed Chair Janet Yellen was also speaking on Friday evening and gave markets no certainty about the future path of US interest rates.
Weak US data this week could halt USD appreciation however the USD Index is still expected to make March 2015 its ninth straight month of gains. Yellen said the Fed is likely to hike this year if US economic data improves but could then reverse that decision in the future if economic expectations falter.
High-profile US jobs data on Friday April 3rd will be closely watched by markets. Jobs growth is expected to decline but remain well above the 200k threshold.
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…
