Dollar gains after mixed jobs report By Reuters

© Reuters. FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won/File Photo By Karen Brettell NEW YORK (Reuters) – The dollar gained against the euro and Japanese yen on Friday after the August jobs report showed a still strong labor market, despite some

Bad news is still good news for US equities. But for how long?

US equities are set for another gain today with S&P 500 futures up 0.6%. They rallied after US unemployment rose to 3.8% from 3.5%. The caveat for corporation is that rising unemployment came on a surge of people entering the labor force, which increases labor availability and dims wage pressure. The economy also added 187K

Australia CFTC AUD NC Net Positions fell from previous $-63.8K to $-70.2K

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Canada August S&P Global PMI 48.0 vs 49.6 prior

Canada PMI Prior was 49.6 Fourth month below 50 Lowest since June 2020 Fifth straight decline in new orders; lowest since March Full report Commenting on the latest survey results, Paul Smith, Economics Director at S&P Global Market Intelligence said: “Canada’s manufacturing sector continued to struggle during August, with output and new orders falling at

USOIL forecast – Analytics & Forecasts – 3 September 2023

USOIL raised from 66USD to 86.24 USD last Friday,  but I forecast  that Curde OIl will continue to raise more. As you see the below chart, the blue bar points out the main bottom of the USOIL , it already perfectly pointed out  the prev two big bottoms of US OIL at 2016 and 2020 .