US ADP private employment grew 247k only in April, well below expectation of 370k. By company size, small businesses lost -120k jobs. Medium businesses added 46k jobs. Large businesses added 321k jobs. By sector goods-producing jobs grew 46k. Service-providing jobs grew 202k. “In April, the labor market recovery showed signs of slowing as the economy […]
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EUR/USD declined from the 1.1570 resistance and traded below 1.1470. USD/JPY is rising and might gain pace above the 142.45 resistance. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro started a fresh decline Read more…
Risk appetite returned in the overnight US session yesterday, 22 April, sparked by US Treasury Secretary Bessent’s remarks that he sees a de-escalatory path forward regarding the U.S. trade standoff with China in a closed-door Read more…
Markets Yesterday during the day, markets gradually entered calmer waters as the impact of the rift between President Trump and the Fed gradually unwound. US equities more than reversed Monday’s decline with major indices closing Read more…