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Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. The new year is upon us, and the expectations for DeFi innovation, utility and mainstream adoption are greater than ever. Read on to hear about the inaugural stories of 2022. Reading this article, you’re only receiving a portion of the content from our DeFi newsletter. […]
Oil prices ended lower on Friday, but finished the week higher as traders kept an eye on unrest in Kazakhstan. Should any significant amount of production from the country be lost, “the bull market in oil will be extended,” said Michael Lynch, president at Strategic Energy & Economic Research. However, “OPEC+ is unlikely to react […]
Nonfarm payrolls in the United States increased much less than expected in December, while the unemployment rate fell. The December employment data showed a 199,000 gain in nonfarm payrolls, significantly behind the 450,000 jobs growth projected in a Bloomberg survey, while November payrolls received a minor upward revision to a 249,000 increase. Private payrolls increased […]
Oil prices turned lower during trading on Friday, with Brent crude falling below $ 82, but it is still on track to achieve weekly gains, driven by supply concerns amid escalating unrest in Kazakhstan and outages in Libya. Investor sentiment was negatively affected, with the US economy adding 199,000 jobs less than analysts’ expectations in […]
The rush in the markets after the Fed minutes has somewhat subsided and investors are turning their eye on the release of US labor market data today. According to the consensus forecast, the economy added 400K jobs while wages rose 0.4% on a monthly basis. The ADP report released on Wednesday, which more than doubled […]
Trading Today’s NFP ReleaseGiven the built up hawkish expectations heading into today’s NFP release (you can find a fuller briefing here) it’s important to also consider what we might see play out should any of the data miss the mark. As I touch on quite regularly, when the market is looking so heavily in one […]