According to the Non-Farm Payrolls report, the US added 390,000 jobs to the economy in May vs an expectation of +325,000 and a slightly higher revised print to 436,000 for April. The Unemployment Rate was unchanged at 3.6% vs 3.5% expected. Average hourly earnings were also unchanged at 0.3% MoM vs and expectation of 0.4%. […]
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Eurozone Sentix Investor Confidence rose sharply from -19.5 to -8.1,well above expectations. Current Situation Index climbed from -23.3 to -19.3, the highest level since August 2024. Expectations Index turned positive, rising from -15.8 to 3.8. Read more…
Gold price started a fresh decline below $3,300. WTI Crude oil is down over 10% and remains at risk of more losses. Important Takeaways for Gold and WTI Crude Oil Price Analysis Today Gold price Read more…
Swiss consumer price growth came to a standstill in April, with headline CPI unchanged month-on-month for a second consecutive month. On an annual basis, inflation slowed sharply from 0.3% yoy to 0.0% yoy, marking a Read more…