Job vacancies in the US decreased in August. The RBA is the first central bank to slow its rate hikes. Markets are hoping the Fed will follow in the RBA’s path. the E-mini Nasdaq-100 (NQ) futures prices are climbing after softer US economic data and Australia’s smaller-than-expected interest rate hike sparked optimism for less aggressive Read More…
Risk sentiment is improving as US treasury yields fall. Manufacturing activity in the US grew slowly, pointing to reduced demand. Higher interest rates are discouraging consumers from spending in the manufacturing sector. E-mini S&P 500 futures prices increased by about 2% on Monday as US Treasury yields fell due to weaker-than-expected manufacturing data, boosting the Read More…
Eurozone inflation came in higher than expected at 10.0% in September. ECB policymakers have been drumming up support for a 75bps rate hike. The euro’s decline against the dollar is increasing imported inflation. Euro (6E) futures prices rose after Friday’s inflation reading. Inflation in the eurozone soared beyond forecasts in September to reach 10.0%, a Read More…
There are still uncertainties regarding the UK’s new fiscal policy. The US economy is still showing strength after a drop in jobless claims. The Fed will not pause anytime soon despite global market tensions. Investors added to the E-mini Nasdaq-100 (NQ) futures selling cycle as the dollar’s grip on the currency markets hardly relaxed, recession Read More…
A stronger dollar is restraining overseas demand for oil. US crude inventories dropped more than analysts had anticipated. China’s demand for crude oil is expected to drop. After rising by more than $3 the previous session, crude oil (CL) futures prices pulled back on Thursday. A strong dollar restrained demand, and market jitters over the Read More…
Investors are worried the Fed will send the US economy into a recession. Top central banks worldwide have raised rates, increasing global recession worries. The fiscal policy situation in the UK is creating a risk-off market environment. Fears over the Federal Reserve’s incredibly aggressive policy tightening caused major equity futures index prices, including the E-mini Read More…
