Yen is the runaway winner today on massive safe-haven flows, which also pushed up treasury bonds. Meltdown in cryptocurrencies intensified further, as bitcoin barely holds on to 25k. Major European indexes are in deep red while US futures, in particular NASDAQ, are pointing to lower open. Benchmark treasury yields extend pull back, as US 10-year […]
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The euro has posted gains on Friday. In the European session, EUR/USD is trading at 1.1325, up 0.37% on the day. Today’s gains follow a three-day slide. US nonfarm payrolls came in at 177 thousand, Read more…
The U.S. economy added 177k jobs in April, slightly above the consensus forecast of 135k. Revisions for the prior two months subtracted a total of 58k jobs. Smoothing through the volatility, non-farm payrolls averaged 155k Read more…
If you’re in the market for a new outfit or addition to your wardrobe, you probably know of a few reliable places to look. The local mall or plaza likely has a few trusty stores Read more…