Tag: Economic indicators

The recent dip in the Nasdaq by 10.4% over the past three weeks may seem like a cause for concern, but when viewed in the broader context, it appears to be a minor correction...

The market is at an interesting point right now. Despite the good economic conditions and companies still making profits, there are some challenges in making trades that could be considered heroic. Here are a...

Gold prices experienced a rollercoaster ride this week, hitting a high of $2,477 before dropping to $2,430, marking a 0.60% decline in value. This fluctuation was influenced by various economic factors, including the release...

The US stock markets have shown signs of recovery despite an initial decline. This is good news for investors who may have been worried about the recent fluctuations in the market. While there is...

The Australian Dollar has shown signs of recovery against the US Dollar after disappointing US jobs data caused a sharp drop in the USD. However, the economic weaknesses in Australia and the increasing expectations...

The US job market is causing concerns about a possible recession. The recent data showed that the unemployment rate rose to 4.3%, triggering the SAHM rule which indicates a recession may be underway. This...

The recent US jobs report revealed weaker data than expected, causing a stir in the bond market. With only 114,000 jobs added in July, below the anticipated 175,000, and other key figures missing the...

The NZD/USD pair has been following a bearish trend, but there are signs of a slight uptrend developing. The pair reached 0.5960 towards the end of the week, showing slightly higher highs and lows....

The upcoming Canadian jobs report for July is anticipated to reveal a further weakening in the labor market. Job growth has slowed significantly in recent months, and it is projected that only 15,000 new...

The EUR/USD pair saw a rebound on Friday after poor US Nonfarm Payroll (NFP) data led to a decline in the value of the Greenback. This drop in the US Dollar was a result...

The USD/JPY pair experienced a significant decline following the release of disappointing US jobs data in July. The Nonfarm Payrolls (NFP) figure fell well below expectations, coming in at 114K compared to the forecast...

EUR/USD surged close to the 1.0900 mark as the US Dollar weakened following a disappointing US NFP report for July. The report revealed a significant slowdown in US labor demand, with new job additions...

The U.S. labor market may have taken a hit in July due to a gradual slowdown in the economy and the impact of Hurricane Beryl. The upcoming nonfarm payrolls report from the Labor Department,...

AUDUSD has been on a downward trend since July 11, dropping to its lowest level since May 1. The pair has broken both its 50- and 200-day simple moving averages, indicating a bearish market...

Today, we will be discussing the importance of the US Non-Farm Payrolls (NFP) report and how the distribution of forecasts can impact market reactions. The NFP report is a key economic indicator that provides...

The US Dollar has seen some mild selling pressure, hovering around 104.20 during the European session. This slight decline comes after concerns about a slowdown in the US economy, following disappointing data from the...

On August 2, 2024, various economic data and forecasts were released for different countries around the world. Let's take a closer look at the key indicators:1. Japan's Monetary Base Year over Year (YoY) for...

The Australian Dollar showed strength against the US Dollar after positive Producer Price Index (PPI) data was released. The PPI in Australia rose by 4.8% Year-on-Year in the second quarter, surpassing the previous quarter’s...

The latest update from the Atlanta Federal Reserve shows a slight downgrade in the GDP growth estimate for the third quarter of this year. The estimate now stands at 2.5%, down from the previous...

Energy markets are currently experiencing a situation where the rise in oil prices is not reflecting a significant increase in supply risk premia, according to TDS commodity strategist Daniel Ghali. Through an analysis of...

Japan’s PMI Manufacturing for July has been officially confirmed at 49.1, a decrease from June's 50.0, indicating a return to contraction in the sector after a brief period of growth in early 2023. According...

Gold price has been on the rise, hitting a two-week high near $2,450 on Thursday. This increase can be attributed to various factors that are supporting the price of Gold. One of the main...

The Federal Reserve decided to keep interest rates steady at 5.25-5.50%, a move that was widely expected. The decision was made with a unanimous vote among Fed officials. The statement released by the Fed...

The Federal Open Market Committee (FOMC) recently released its June statement, outlining key highlights and analysis for the current economic situation in the United States. The statement emphasized that economic activity has been expanding...

The US Federal Reserve (Fed) is set to announce its monetary policy decisions after the July 30-31 policy meeting on Wednesday. Market expectations suggest that the Fed will maintain the policy rate at 5.25%-5.5%...

US MBA Mortgage Applications decreased by 3.9% for the week ending July 26th. This decline in mortgage applications may indicate a slowdown in the housing market. It is important for investors to be aware...

The Pound Sterling faced a decline in Wednesday's London session, hovering near 1.2825 against the US Dollar, as investors awaited the outcome of the Bank of England's (BoE) interest rate decision on Thursday. Speculation...

In the latest quarter, inflation was pretty much on par with what experts were expecting. The headline Consumer Price Index (CPI) inflation came in at 1%, which was right in line with predictions. However,...

Investors are keeping a close eye on the financial markets after a volatile day on Monday. The Euro area and Germany's second-quarter Gross Domestic Product (GDP) data are eagerly awaited, along with Germany's July...

The Dow Jones Industrial Average (DJIA) was relatively stable on Monday, hovering around 40,600.00 as investors await the Federal Reserve's (Fed) upcoming rate decision. The Fed is anticipated to maintain current interest rates during...

USDCAD has been on the rise since the Bank of Canada reduced rates by 25 basis points last week. Currently, the price is testing the major trend line resistance of a triangle on the...

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to understand that leverage can increase the level of risk and potential losses. Before engaging in...

The latest Fed preview by Wall Street Journal Fedwatcher Nick Timiraos suggests that there may be a potential rate cut in September, although no leaks have been confirmed yet. The Fed seems to be...

The currency market is set to experience significant events in the upcoming week, with important meetings scheduled for Wednesday and Thursday. The Bank of Japan and the Federal Reserve’s FOMC will convene on Wednesday,...

The EUR/USD pair experienced a dip to 1.0825 last week but has since been moving sideways. The initial bias for this week remains neutral, with a further fall likely as long as the minor...