what to look out for when watching a stock
Fundamental Analysis

Weak Jobs Data Sends Dollar Lower, Lifts Currency Futures

Currency futures edged higher on Friday as the dollar fell after the US monthly employment report. However, some outliers, like the Canadian dollar, plunged after poor Canadian employment figures. US job market (Source: Bureau of Labor Statistics) The greenback eased on Friday when the nonfarm payrolls report revealed fewer jobs added in June. Employment increased Read More…

Interest Futures
Fundamental Analysis

Interest Futures Jump Amid Falling Yields on Poor US Data

Interest futures surged Wednesday as Treasury yields fell with the dollar after a series of poor US economic reports. Meanwhile, markets remained closed on Thursday as the US observed Independence Day. Data on Wednesday revealed that private employment dropped in June when economists had expected an increase. The ADP employment figures showed that 150,000 more Read More…

Crude Oil Futures
Fundamental Analysis

Oil Prices Surge Nearly 1% on Crude Inventory Decline

Oil prices rose nearly 1% on Wednesday after a bigger-than-expected decline in crude inventories, indicating robust demand. At the same time, weak data from the US raised the likelihood of a Fed cut in September, which would increase fuel consumption. Oil and crude inventories (Source: Nymex, EIA) The Energy and Information Administration reported that crude Read More…

Fundamental Analysis

Gold Price: Rising Treasury Yields Dampen Demand

Gold prices fell on Tuesday as high Treasury yields reduced demand for the yellow metal. This overshadowed slightly dovish remarks from Fed Chair Powell. At the same time, employment data showed continued resilience in the US labor market. Treasury yields remained elevated on Tuesday after a rally in the previous session. The 10-year yield rose Read More…

Fundamental Analysis

Equities Gain Thanks to Strong Tech Performance

Equities rose on Monday due to a boost from technology stocks. At the same time, investors were preparing for major US economic reports shaping the outlook for rate cuts. Meanwhile, data from the US painted a picture of a weaker economy that could pressure the Fed to start implementing rate cuts. Shares of major tech Read More…

Fundamental Analysis

Currency Futures Up as Fall in Inflation Points to Fed Rate Cut

Currency Futures edged higher on Friday as US inflation eased in May, increasing the odds of a Fed rate cut in September. Still, most currencies ended the month lower amid economic, policy, and political changes. US inflation (Source: Bureau of Economic Analysis) Notably, the US released the core PCE report, a very significant inflation measure Read More…