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Baker Hughes oil rig count -5 at 479

Baker Hughes oil rig count -5 at 479

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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USD/JPY nears 149.00 as ten-year yields near 4%. Watch both

USD/JPY nears 149.00 as ten-year yields near 4%. Watch both

US 10 year yields dailyIt looks like Treasuries want to test 4%.Back-tracking a few weeks, the 3.6% level was a recession trade but with the US economy looking stronger now, it's safer to price the bottom of Fed funds at 3% or 3.50%. Add in some term premium and 4%...

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European equity close: Decent finish but down on the week

European equity close: Decent finish but down on the 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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JPMorgan now sees the Fed cutting by 25 basis points

JPMorgan now sees the Fed cutting by 25 basis points

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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Fed’s Goolsbee: This is a super jobs report

Fed’s Goolsbee: This is a super jobs report

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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This was the early tell in the recession reversal trade

This was the early tell in the recession reversal trade

Economic forecasting isn't easy.At various points over the last two years it looked like the US was slowing down dramatically. At the start of 2023, a looming recession call was the consensus forecast. This year, as some economic indicators deteriorated, those calls...

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Tech sector rallies: Innovation fuels market gains

Tech sector rallies: Innovation fuels market gains

Stock heatmap by FinViz.com Fri, 04 Oct 2024 13:46:05 GMTSector OverviewToday's market heatmap reveals that the technology sector is leading the charge with notable gains. Among the top performers is Broadcom (AVGO) with a significant rise of 2.33%, supported by gains...

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Good news is good news: US stock futures jump

Good news is good news: US stock futures jump

The US looks like it's heading for a soft landing.The unemployment rate fell to 4.0510% compared to 4.220% previously and adds downside risks to the Fed's year-end dot at 4.4%. It also reverses some recent upwards momentum.US unemployment rateThe rates market is now...

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Fed’s Williams set to speak at the top of the hour

Fed’s Williams set to speak at the top of the hour

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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US September non-farm payrolls +254K vs +140K expected

US September non-farm payrolls +254K vs +140K expected

nonfarm payrolls chartTwo-month net revision: +72K vs -86K priorUnemployment rate: 4.1% vs 4.2% priorUnrounded unemployment rate: 4.0510% vs 4.220% priorParticipation rate: 62.7% vs 62.7% priorPrivate payrolls +223K vs 118K priorPrior private payrolls +118K revised to...

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