The broad US market index, the S&P 500, has entered July against a backdrop of mixed signals from the labour market. The Bureau of Labor Statistics report released on 2 July showed that just 57,000 Read more…
Gold found its footing above $4,000 after June’s disappointing US payrolls report triggered broad-based Dollar selling and eased expectations for a near-term Fed rate hike. But the rebound is already losing momentum this week. The Read more…
Markets The US was busy on Friday observing the Fourth of July so doors were shut. Moves during the European session deserve little more than a nutshell recap: stocks up (0.8%), yields up (2–3.8 bps) Read more…
If you have been watching the monthly jobs numbers and wondering why they keep disappointing, Goldman Sachs may have part of your answer. June payrolls came in at just 57,000, less than half of what Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal There’s no excuse these days for Read more…
Last week’s post-US NFP rebound has given NZD/USD some breathing room, but it has done little to convince traders that the recent downtrend has run its course. With the Reserve Bank of New Zealand set Read more…
Key Highlights EUR/USD started a recovery wave and tested the 1.1475 resistance. A rising channel is forming with support at 1.1395 on the 4-hour chart. GBP/USD started a recovery wave and climbed above 1.3300. USD/JPY Read more…
USD/JPY was the main focus for many traders last week, moving above 162 as markets tested the Japanese government’s willingness to intervene. Intervention warnings from Japanese officials, together with rumors that intervention may have started, Read more…
Micron Technology (MU) broke ground Saturday on a ¥1.5 trillion, or $9.3 billion, expansion of its memory chip plant in Hiroshima, Japan, according to a Bloomberg report. Japan’s government is absorbing a meaningful share of Read more…