Strong US jobs report shifts Fed rate cut expectations from 50 bps to 25 bps. Geopolitical tensions in the Middle East drive up oil prices and safe-haven assets. Upcoming US inflation data and RBNZ rate decision in focus for the week ahead. Oil prices surge on Middle East tensions, with key support and resistance levels […]
The post Markets Weekly Outlook – Jobs Report May Lead to Cautious Fed, US CPI Next appeared first on Action Forex.
Monday, Oct 7, 2024 Tuesday, Oct 8, 2024 Wednesday, Oct 9 2024 Thursday, Oct 10, 2024 Friday, Oct 11, 2024 The post Summary 10/7 – 10/11 appeared first on Action Forex.
U.S. Highlights The U.S. labor market perked up in September as job gains beat expectations, the unemployment rate ticked down and annual wage gains edged up. The economic outlook, however, has been buffeted by significant Read more…
Summary United States: Jobs Up, Rate Cut Expectations Down Nonfarm payrolls blew past expectations in September, rising 254K. Upward revisions to the prior two months’ data sweetened the headline gain and bucked the trend decline Read more…