There doesn’t appear to be anything that would sway the Fed’s rate decision for either a 50bps increase or a 75bps increase at the next meeting. US Non-Farm Payroll for August showed a gain of +315,000 jobs vs an estimate of +300,000 and a slightly revised July print to 526,000 (528,000 previously). In addition, Average […]
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Check back for updates throughout the trading day U.S. equity futures powered higher in early Monday trading, while the dollar had its biggest pullback in two weeks and Treasury bonds rallied, as markets reacted to Read more…
Germany’s Ifo Business Climate Index declined to 85.7 in November, down from 86.5 in October, reflecting growing pessimism across key sectors of Europe’s largest economy. Current Assessment Index dropped from 85.7 to 84.3, indicating weaker Read more…
Gold price started a fresh increase above the $2,600 resistance level. WTI Crude oil prices climbed higher above $70.00 and might extend gains. Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today Gold Read more…