By Edward Moya The US economy is clearly not slowing as fast as many were thinking as the labour market remains robust. America added 372,000 NFP jobs in June, much better than
By Jeffrey Halley Japan’s former Prime Minister Shinzo Abe is in “grave condition” after being shot while campaigning for parliamentary elections in the city of Nara. Current PM Fumio Kishida said Abe
By Jeffrey Halley Recession fears buffeted markets overnight, with the price action across various asset classes looking like a self-sustaining negative feedback loop, triggering more stop losses as prices slumped and dragging
By Jeffrey Halley Wall Street had another schizophrenic day on Friday as May US Non-Farm Payrolls outperformed, rising by 390,000 jobs, slightly less than April, but well above market forecasts of 325,000.
By Edward Moya Robust hiring in the U.S. in May pretty much guarantees the Federal Reserve will move forward with a couple of half-point rate hikes at the next two meetings. US
By Jeffrey Halley Oil markets are on the move Thursday morning, with oil prices dipping by 2.0% in early trading after the Financial Times reported that Saudi Arabia has indicated to western
By Lukman Otunuga, Senior Research Analyst at FXTM Stocks in Asia were shaky on Tuesday morning following the lack of cues from Wall Street overnight due to the U.S. Memorial Day holiday.
By Craig Erlam Equity markets nudged higher at the end of the week after suffering losses on Thursday earlier, as the consolidation phase continues. This continues to be a very headline-driven market
By Heather Scott The US economy saw a hiring surge in February, pushing the jobless rate closer to its pre-pandemic level as hard-hit sectors recover from the impact of Covid-19. American employers
By Han Tan, Chief Market Analyst at Exinity Group The benchmark crudes Brent and WTI are edging higher and hovering around their highest levels since 2014 in the leadup to Wednesday’s OPEC+
