Markets
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Daily Summary: “Heat” of the NFP Print Cools Market Sentiment
• NFP report as the main driver of market volatility. The U.S. economy created 162,000 nonfarm payroll jobs in August,…
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Week Ahead – Sep 7th
Signs of tanker traffic through the Persian Gulf will be monitored after the outbreak of strikes between Iran and the…
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US Stocks Close Lower After Strong Jobs Report
US stocks closed mostly lower on Friday after stronger-than-expected labor market data gave the Fed more room to raise interest…
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Crude Oil Prices Push Higher Ahead of Holiday Weekend
October WTI crude oil (CLV26) closed up +0.18 (+0.20%) on Friday, and October RBOB gasoline (RBV26) closed up +0.0797 (+2.54%).…
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Nat-Gas Prices Gain on Hotter US Weather Forecasts
October Nymex natural gas (NGV26) on Friday closed up +0.062 (+2.13%). Nat-gas prices settled higher on Friday but remained below…
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Trade of The Day – USD/ZAR
Facts US core CPI inflation fell to its lowest level since February (2.5%) in July. The 3-month annualised average fell…
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Gold drops sharply following strong NFP
Highest employment growth since March renews expectations for a Fed rate hike in September The price of gold dropped by…
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NFP with a massive upside; EURUSD dips
US Change in Nonfarm Payrolls Aug: 162K (est 55K; prev -23K, prevR 21K) – Unemployment Rate: 4.1% (est 4.1%; prev…
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Tech and Auto Sectors Provide Lifeline for European Stocks
European stock market indices are recording slight falls today, with investors holding back from making any major moves whilst awaiting…
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Chart of The Day – EUR/USD Ahead of NFP. The Fed Caught Between Warsh and Waller
Friday’s EURUSD session is dominated by expectations ahead of the most important release of the week, the NFP report. Over…
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