European equities stay under pressure as risk aversion grips markets
Eurostoxx -1.2% Germany DAX -1.0% France CAC 40 -0.4% UK FTSE -0.4% Spain IBEX -0.8% Italy FTSE MIB -1.6% S&P…
Category: Forex News
US non-farm payrolls data – the critical key ranges for estimates to watch
The July employment report is due from the US on Friday 2 August 2024 at 0830 US Eastern time, 1230…
Locked and loaded for a critical edition of non-farm payrolls
Happy jobs Friday. In the bigger picture, this isn’t a pivotal jobs report for the economy. There’s some slowing baked…
US July non-farm payrolls +114K vs +175K expected
Prior was +206 (revised to +179K) Details of the July 2024 jobs report: Two-month net revision -29K vs -111K prior…
US stock market futures price in pain after soft non-farm payrolls
Bad news is bad news in the equity market, particularly small caps. S&P 500 futures are down 1.5% ahead of…
US June factory orders -3.3% vs -2.9% expected
Prior was -0.5 Factory orders ex transportation +0.1 vs +0.5% prior Shipments +0.5% Revisions to durable goods orders June durable…
The stock market rout intensifies
A major deleveraging event is intensifying as bonds are aggressively bought and equities are hammered. The message from the market…
Baker Hughes US oil rig count unchanged
Oil rigs unchanged at 482 Natural gas rigs -3 to 98 Overlooked in all the drama in markets this week…
USD/CAD pushes higher as brent crude extends decline to $3
The commodity currencies are in an interesting spot right now. The US dollar is falling on a few fronts because…
How reflexive is the economy to the stock market?
The Nasdaq is down 10.4% from the high just three weeks ago but when you zoom out, it’s more of…