NFP TALKING POINTS AND ANALYSIS Will NFPs defy prior jobs data once again? NFP’s to set the tone for September. Risk for upside surprise could tank SPX & establish USD. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter US FUNDAMENTAL BACKDROP
US Dollar, DXY Index, USD, Fed, GDP, China PMI, USD/JPY, Euro CPI – Talking Points The US Dollar was undermined by weak data that gave hope to equity bulls China saw good PMI numbers, but the property sector continues to weigh Markets appear to be data-focused for now. Will sluggish numbers push the USD lower?
Unveiling the layers of Johnson & Johnson’s journey, we delve into a tapestry woven with strategic prowess and an unwavering commitment to innovation. Operating across Pharmaceuticals, Medical Devices, and Consumer Health, Johnson & Johnson’s trifold approach defines its impact. The Pharmaceuticals wing, contributing over 45% of revenue, offers a diverse array of treatments spanning immunology,
That the Eurozone is not in good shape economically we know and we have said it many times: manufacturing, orders, PMIs, hours worked (in Germany they reached the lowest since the data started being collected in 1971, 34.3 hours per week on average). Yesterday, two other pieces of data came out, important although generally not
Treasuries and Wall Street rallied to kick off the last week of the month for what’s been a pretty bearish August. The same stands so far today. Rate hike fears amid a “higher for longer” policy stance, supply concerns, worries over spillover from slowing growth from China, mixed earnings, and fading AI enthusiasm helped knock
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was subdued on Tuesday as traders resisted placing large bets ahead of a slew of economic data this week, while the yen languished near levels that triggered
Kwakol Markets, a leading multi-asset broker based in Nigeria, is setting a new standard in empowering traders with cutting-edge tools and comprehensive market analytics. Their commitment to traders’ success shines through a range of innovative features and platforms, including Web Trader, Kwakol’s proprietary web trading platform, MT4, MT5, Autochartist and Calculators, as well as access
© Reuters. Investing.com — Most Asian currencies moved little on Monday as markets weighed hawkish yet somewhat reiterative comments on monetary policy from the Federal Reserve, while the dollar retained recent gains and came close to a three-month high. Fed Chair Jerome Powell on Friday warned that U.S. interest rates could still rise further to
With the month ending next Thursday, what moves did we see in August? The USD moved higher versus all the major currencies: DXY: Looking at the dollar index (weighted dollar index), it moved up 2.28% this month. Looking at the daily chart, the price started the month trading above and below the 100-day moving average
Share: AUD/USD licks its wounds after falling the most in three weeks the previous day. Markets brace for key central bank speeches at Jackson Hole Symposium. Mixed concerns about policy pivot, higher for longer rates prod traders amid light calendar. US Dollar stays firmer on mostly upbeat data, hawkish Fed talks ahead of
