Markets Markets were counting down to the June US payrolls as it could further shape expectations on Fed tightening and the implications for financial conditions globally. In the meantime, yield curves in Japan, the UK Read more…
The US dollar fell across the board on Thursday, hit by disappointing US labor data, (June NFP 57K vs 114K f/c and downwardly revised May result to 129K from 172K) reflecting significantly weaker than expected Read more…
The AI trade isn’t just about Nvidia anymore. That could be the true warning sign underlying Michael Burry’s current move on the markets. The investor behind “The Big Short” has revealed new bearish positions against Read more…
With long-time Ryanair chief executive Michael O’Leary long associated with his wit and fiery temper, the larger low-cost airline in Europe has also taken a “talking the shit” strategy to its social media presence over Read more…
Nonfarm payrolls rose by 57k in June, lower than the Bloomberg consensus forecast of 113k. Revisions to the two prior months were 74k lower. Smoothing through volatility, payrolls averaged 111k over the last three months, Read more…
When Amazon Prime launched in 2005, it was a simple proposition. Pay the online retailer $79 per year and get free two-day shipping. That was a clear money-saver for me, as even back then, I Read more…
EUR/USD’s rebound from 1.1323 extended higher today, but it’s still capped below 1.1499 support turned resistance. Intraday bias remains neutral and further decline is in favor. On the downside, break of 1.1323 will resume the Read more…
Household bills, including housing, utilities, insurance and car payments, make up roughly 47% of a household’s income and 27% of all consumer spending, according to a new study from Doxo Insights. Americans spend $5.03 trillion Read more…
GBP/USD’s strong break of 1.3300 support turned resistance suggests that fall from 1.3650 has completed at 1.3139 already. Intraday bias is back on the upside for 1.3459 resistance. Firm break there will argue that correction Read more…
USD/CHF’s fall from 0.8139 extends lower today but it’s still holding on to 0.8012 resistance turned support. Intraday bias stays neutral first. On the upside, above 0.8139 will extend the larger rise from 0.7603 to Read more…