The latest NFP report fell short – really short this time! – of market expectations with only 38K jobs added in May. And even though wages still grew at a pace of 2.5% per annum, the headline figure was really…
Financial Market Preview for June 6-10
Payroll Problem and Rate Readiness — MM #104
The terrible US jobs report continues rocking markets. What’s really going on there? And are markets ready for a rate hike? You are welcome to listen, subscribe, provide feedback and pledge support on Patreon. Payroll Problem: We digest the bad jobs report,…
U.S. NFP Disappoint Again Only 38K Jobs; Wage Growth – Stable at 2.5%
The U.S. non-farm payroll disappointed again with a gain of only 38K jobs in May – the lowest level since September 2010 and way off market estimates: The ADP estimated a gain of 173K jobs and the market expect a…
Gold and Silver Outlook for May 30- June 3
Precious metals took another dive this week after the hawkish FOMC minutes kept resonating the markets. And the recovery of the U.S. dollar – mostly against the Euro and Yen – also contributed to the weakness of the bullion market.…
Talking Stocks — MM #103
Market movers talks about markets: what’s the next move in stocks? After endless range trading, is it time for a big breakout? We talk stocks, the oil recovery and preview the busy week. You are welcome to listen, subscribe, provide feedback and pledge support…
Financial Market Outlook for May 30- June 3
The market is slowly adjusting to a possible rate hike in June by the Fed and even Chair Yellen in a recent interview stated that a rate hike in the coming months could be appropriate; but before the Fed meeting,…