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Baker Hughes US oil rig count 499 vs 506 prior

Baker Hughes US oil rig count 499 vs 506 prior

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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European equity close: A silver lining to a tough week

European equity close: A silver lining to a tough week

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Goldman Sachs still thinks a July rate cut is more likley

Goldman Sachs still thinks a July rate cut is more likley

Goldman Sachs chief economist Jan Hatzius was on CNBC and said this:I'm pretty confident the wage trend is downIf we look at other indications like the Atlanta tracker, wage trend is downI do expect 'much better' PCE numbers in the second quarterA July cut is still a...

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Fed’s Goolsbee set to speak shortly

Fed’s Goolsbee set to speak shortly

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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ISM April services index 49.4 vs 52.0 expected

ISM April services index 49.4 vs 52.0 expected

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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S&P Global final April services 51.3 vs 50.9 prelim

S&P Global final April services 51.3 vs 50.9 prelim

Prelim was 50.9Prior was 51.7Composite PMI 51.3 vs 50.9 prelimPrior composite PMI was 52.1Services PMI 51.3 vs 50.9 prelim. Last month the PMI was 51.7In their own words, Chris Williamson, business economists at S&P global market intelligence said:"Service sector...

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ISM services report still to come

ISM services report still to come

The non-farm payrolls report is at the pinnacle of US economic data but employment is a lagging indicator. Businesses need to see months of softness before they pause hiring and even more before they begin layoffs.The best way to capture creeping softness in demand is...

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US equity futures jump as jobs growth cools

US equity futures jump as jobs growth cools

S&P 500 futures are up 57 points, or 1.1% ahead of the open while Nasdaq futures are up 1.5% and Russell 2000 futures up nearly 2%.The market is cheering a softer US jobs report that saw the unemployment rate tick higher to 3.9% from 3.8%. That led to broad...

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