US futures Dow futures -1.08% at 34027 S&P futures -1.3% at 4026 Nasdaq futures -2.1% at 11800 In Europe FTSE -0.4% at 7579 Dax +0.2% at 14510 Strong jobs report keeps pressure on the Fed US stocks have tumbled lower after the latest US jobs report raises questions over how dovish the Federal Reserve can […]
The post Futures Dive After Strong US Jobs Report appeared first on Action Forex.
I view the probabilities of downside and upside risks to inflation as broadly balanced. But at this point I am more worried about the possible consequences if the upside materialised, as this could require a Read more…
EUR/USD encountered significant pressure, testing a low of 1.0331 before rebounding to 1.0476, as market concerns mount over the potential economic slowdown in Europe and aggressive rate cuts by the European Central Bank (ECB). Recent Read more…
Gold switches to loses before reaching all-time high A consolidation phase likely in the short-term Gold felt Monday’s blues, retreating immediately toward its 20-day simple moving average (SMA) at 2,670 after five consecutive winning days. Read more…