Dow’s Skepticism Anchors Nasdaq Volatility, Dollar Charged by NFPs and Rate Forecasts
What matters more to the markets: that the US economy looks less at risk of a recession or that the Fed will be able to fulfill its rate hike forecast?…
Read More »Forexlive Americas FX news wrap: US jobs report was a “WOW” number
<ul><li><a href="https://www.forexlive.com/technical-analysis/us-stocks-close-lower-but-still-higher-on-the-week-20230203/">US stocks close lower but still higher on the week</a></li><li><a href="https://www.forexlive.com/news/wti-crude-oil-futures-settled-at-7339-20230203/">WTI crude oil futures settled at $73.39</a></li><li><a href="https://www.forexlive.com/centralbank/feds-daly-the-number-was-a-wow-number-the-december-fed-policy-is-a-good-indicator-20230203/">Fed's Daly: The number was a "wow" number. The December Fed policy…
Read More »US: Despite the rebound, the breadth of services expansion has still slowed – Wells Fargo
The ISM Service PMI released on Friday showed the index rose back above 50, into expansion territory. Analysts at Wells Fargo, point out that after ju
Read More »Events to Look Out For Next Week
The peace after the storm? After a Thunderous week, will the week ahead bring some sort of stability into the markets? With the ECB, BOE, and Fed out of the…
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What *NOT* to do before BIG news drops… #shorts
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Read More »Market Update – February 2 – A Continued Battle of Wills
Stocks surged, Yields dove sharply, and the US Dollar slumped on Wednesday and they are holding their gains/losses so far today as well. The FOMC delivered the 25bp rate hike as expected, reaching 4.75%, an…
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