Market movers today The most important data release of the day will be the US May Jobs Report. While the ADP report released yesterday was weaker than expected, most indicators still point towards labour demand remaining at high levels. In addition, ISM Services PMI will be released in the afternoon. On US monetary policy, Fed’s […]
The post Boost to OPEC Production Fails to Calm Oil Markets appeared first on Action Forex.
Markets After the market chaos in the wake of the Liberation Day reciprocal tariffs announcement, president Trump and his administration now apparently (again) started a new battlefield challenging classic economic thinking/wisdom: central bank independence. Referring Read more…
The Dollar Index (DXY) has experienced a significant decline since President Trump’s tariff war intensified global trade tensions. From its peak on September 26, 2022, the Index has exhibited a clear bearish sequence. This decline Read more…
US stocks slumped. All four major US stock indices ended Monday, 21 April session, deeply in the red. The S&P 500, Nasdaq 100, Dow Jones Industrial Average, and Russell 2000 lost 2% or more. The Read more…