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The consensus expected for the ADP December employment number is 115,000November's ADP number was +103,000The range of estimates is 99K to 130K. Results outside this range should prompt extended market moves, in a nutshell a number under 99K will reignite expectations...
Services PMI from Caixin / S&P Global for December 2023 comes in at 52.9, its highest since July 2022expected 51.6, prior 51.5 Composite 52.6, best since June 2022prior 51.6"Key findings" cited in the report, in summary: Solid increase in service sector activity...
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,...
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,...
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,...
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,...
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,...
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate...
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,...
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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Gotta be honest, I'm rather disappointed with the tepid opening to the year during the Asian timezone. Plenty of action during US time, albeit sporadic, but for us here ... not much. Maybe we're back to normal 😉 Anyway, this is very interesting while we wait for,...
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,...
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,...
USD/JPY, EUR/USD, GOLD FORECASTThe U.S. dollar gains, but finishes the day off the session high after the Fed minutes trigger a pullback in yieldsAll eyes will be on the U.S. jobs report later this weekThis article focuses on the near-term outlook for the U.S. dollar,...
Markets:Gold down $18 to $2040WTI crude oil up $2.60 to $72.98US 10-year yields down 2.4 bps to 3.92%S&P 500 down 38 points, or 0.8%, to 4704GBP leads, JPY lagsEarly in the year it's always tough to tie market moves to fundamentals. The US economic data was on the...
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,...
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,...
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,...
It's been a rough start for the tech-heavy Nasdaq index as it fell -1.18% today. That comes after a -1.63% decline on the first trading day of the year (yesterday).Today, the declines were broad-based with the Dow Industrial Average, the S&P index, the Russell...