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Tag: jolts

Sell in May is here as banking weakness returns

Banking woes and debt ceiling drama weigh on risk appetite Treasury yields tumble as odds for a potential June hike completely disappear Fed starts two-day...

MacroSlate Weekly: US economic indicators point towards contraction as unemployment stays at historic lows

Ad GFC vs. 2023It seems contraction in the U.S. economy is starting to appear. However, a recession is not scheduled for the time being....

Here’s How Friday’s US Jobs Report Could Impact the Bitcoin (BTC) Price

Friday’s March US jobs report might shake up the Bitcoin market. Traders will closely monitor non-farm payrolls, which are forecast to...

USD/CAD shrugs despite strong Canadian job numbers

It could be a busy day for the US dollar, with the release of nonfarm payrolls later today. Canada posted a strong employment...

Wall Street ready for a long weekend, Jobless Claims confirms labor market weakness is here, Canada Jobs Impress

Wall Street looks like it is ready for both a long weekend and a nonfarm payroll report that will likely show labor market...

Video – NZD/USD rallies after weaker US jobs data and a hawkish RBNZ

OANDA Senior Market Analyst Craig Erlam looks ahead to the US jobs report after JOLTS job openings came in softer than expected, talks...

USD/CAD – Canadian dollar eyes Canada’s job report

The Canadian dollar has edged lower ahead of the North American session. On the economic front, the US releases ADP Employment Change and...

New Zealand dollar surges but unable to consolidate after RBNZ hikes by 50 basis points

The New Zealand dollar is showing sharp movement on Wednesday after the Reserve Bank of New Zealand shocked the markets and raised rates...

Oil rally hits a wall, Gold shines, Keep your eyes on Bitcoin this Friday

Commodities have been supported by a weaker dollar Shortened Trading Week impacting flows Oil rally runs out of steam The crude rally hit a brick wall...

Stocks get Jolted, Labor market is starting to loosen

10-year Treasury Yield tumbles from 10 bps to 3.34% after JOLTS data Stocks 4-day winning streak snapped Dollar looking vulnerable as Fed’s tightening work almost...

Week Ahead – Focus on the US jobs report as the Fed ponders more rate hikes

US There are no prizes for guessing what the highlight next week will be. The US jobs report is widely regarded as being the...

US Open: Stocks turn positive after Jobless Claims rise, Biden’s Budget DOA, Yen strength, Oil rebounds, Gold stabilizes, Crypto pain post Silvergate liquidation

US stocks erased losses after some softening labor data helped cool down this week’s surging Fed rate hike bets. Wall Street is hoping...

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