Tag: Stocks
EUR/USD falls down below 1.1300, returning to pre-NFP levels. On Monday, the EUR/USD reverted to, or even slightly below, its pre-US labor market data levels, where it traded last Friday, and has recently slipped below the 1.1300 handle. To summarize, the latest US labor market report showed a lower-than-expected headline payroll gain in December but […]
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 […]
Gold prices rose in trading on Tuesday, to recover from the worst selling in the yellow metal in 6 weeks, driven by bets that the Federal Reserve will raise interest rates earlier than expected. The rise in the yellow metal prices came after a significant rise in US bond yields, which led to the worst […]
The Royal Bank of Canada has released a report on the World Energy Outlook in 2022, which reports analysts’ forecasts for the world’s oil, gas, electricity and minerals. The report, which was issued in mid-December, included an optimistic view of energy stocks in 2022, which will be strongly reflected in crude oil prices. The Royal […]
Oil prices extended their gains to about 1% during trading today, Wednesday, with Brent crude rising near $ 81, ahead of the release of official data on US crude stocks. Crude’s gains come, supported by the decisions of the OPEC + alliance, which eased the fears and pressures of the Omicron axis in oil demand. […]
Futures in the United States are cautiously mixed following the Fed’s induced retreat. US stock futures were narrowly mixed Thursday, with the technology-heavy Nasdaq Composite set for another round of losses after minutes from the Federal Reserve’s most recent policy meeting signaled a faster pace for stimulus withdrawal and interest rate hikes, while traders looked […]
European Forex news roundup: USD/JPY falls from highs as Treasury rates remain unchanged The latest forex news from the European market session on January 5, 2022. The market is still contemplative as we await US ADP statistics and the FOMC meeting minutes later today. European stocks are holding steady with modest increases, while US futures […]
Stocks, oil and risk currencies gained on Tuesday as the formal go-ahead for U.S. President-elect Joe Biden to begin his transition burnished a November already boosted by COVID-19 vaccines. European markets tracked gains in Asian and U.S. equities, with the broad-based STOXX 600 index opening 0.8% higher and Brent crude climbing to its highest level since March at $46.38 […]
Stocks climbed alongside U.S. futures as investors cheered fresh stimulus measures to aid the global economy, while awaiting the latest American job figures. The dollar headed for the biggest weekly drop in two months. Stocks Futures on the S&P 500 Index gained 0.8% as of 8:10 a.m. London time. The Stoxx Europe 600 Index rose […]
