Bonds and Bullion are down.. but following the better than expected payrolls print, stocks and the dollar (JPY and EUR weakness) are jumping higher as markets celebrate The Fed’s ability to tig...
Crude oil can be trading in final stages of a corrective wave labeled as wave 2)/B). In fact, we can already see some intraday bullish activity picking up from the base, around Fibonacci ratio of 61.8...
The US Bureau of Labor Statistics just reported the June Non-Farm Payrolls figures, and while that data wasn’t perfect, it is certainly reassuring for bulls on the US economy. On a headline basi...
Tesla has now been picked to develop the world’s largest grid-scale battery in South Australia. The region has faced blackouts since September 2016, resulting in a political tussle over energy pol...
This morning’s employment report for June showed a 222K increase in total nonfarm payrolls, surprising forecasts. The unemployment rate ticked upward from 4.3% to 4.4%. The Investing.com conse...
A lot happened in the first half of the year. Among many important events, Trump was nominated as POTUS, the Fed hiked its interest rates twice and announced plan to unwind its massive balance she...
Rising yields and rising oil production is causing oil to plunge even as US oil stockpiles drawdown at a record rate. The rebound in US oil production of 88,000 barrels a day according to the weekly E...
While today’s payrolls report will hardly have much of an impact on Fed policy as explained previously, moments ago the BLS reported that in June the US added 222K jobs (making a mockery of the ...
The US economy gained no less than 222K jobs in June, better than expected. However, wages rise by only 0.2% and with a downwards revision. The US dollar initiall rose but is now falling. The US was ...
Indian share markets continued to trade rangebound in the afternoon session amid weak global markets. At the closing bell, the BSE Sensex stood lower by 9 points, while the NSE Nifty finished dow...