The recent NFP report was inline with market expectations but did present downward revisions for previous months. The aftermath of this report will continue to resonate in the markets in the coming days. Besides this labor market update, here are…
The U.S. dollar resumed its descent while precious metals kept coming down. But this could all change if the FOMC were to surprise the market in its forthcoming statement. On this week’s agenda in the U.S: FOMC meeting, GDP for…
The U.S. dollar took another tumble against leading currencies such as Euro, Japanese yen and Aussie dollar. On this week’s agenda in the U.S: Durable goods, existing home sales, and jobless claims. In Europe: Euro group meetings, BOE rate decision,…
The U.S. dollar resumed its upward trend and picked up against the Euro and Japanese yen. The aftermath of the NFP report and the minutes of the last FOMC meeting provided enough volatility for the markets. Also, the tensions in…
The FOMC’s latest meeting provided additional volatility to the financial markets as the tone was slightly more dovish than expected. The aftermath of this meeting is likely to further linger in the financial markets in the coming days. On this…
The U.S. dollar continued to rally mostly against the Euro as the ECB commenced its QE program and the previous NFP report raised the market expectations for a rate hike this year by the FOMC. This week, the FOMC meeting…
The recent NFP payroll report showed, yet again, another strong gain in jobs with 295K jobs added last month and rate of unemployment fell to 5.5%. This news fueled gains in the U.S. dollar and dragged down gold and silver…
The Greek debt crisis seems to have reached, for now, a solution. The Greeks basically gave in to the Germans in regards to the whole austerity. The Greeks will need to submit on Monday proposal for reforms, which will need…
The volatility in the financial markets continues as the tensions between ECB and Greece’s new elected government progresses. This week, the Euro group and ECOFIN summits are likely to further discuss the Greek debt situation. Other publications and events to…
The U.S. NF payroll report presented higher growth in jobs than market expectations and a rise in wages. This news was enough to bring up the US dollar. Looking forward, the JOLTS report, the other labor market monthly update, will…