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US None Farm Payroll preview, August 2022
US labor market data in focus!Thursday's published data show that the number of Americans claiming to receive unemployment benefits fell to a two-month low in the week ended August 26, while layoffs also dropped in August. After Wednesdays JOLTs...
Can the EIA report stop the bears?
Oil drops as Chinese Manufacturing Activity Shrink for a Second Straight Month in a row!US stocks trading mix in the first hours after Wednesday's open, while in the recent days, US leading indices have been losing ground. The main reasons for pausin...
Euro and glimmers of hope
EURUSD trying to stay above 1 USDWhile Friday's US data and FED speakers increased the USD demand and sent the EURUSD under 1.00, Monday's return continued on Tuesday trading hours as well, as the 75 bps rate hike expectation from the ECB is getting...
Gold remains under pressure as Stock returns
positive effects of missing data! US economic data once again confirmed the slowdown in the US economy. According to the published data on Monday, even though the US August Dallas Fed business activity index increased to -12.9, up from -22.6 in...
Bitcoin reverses the uptrend
Bitcoin price is below $20,000 currently after the top cryptocurrency by market cap fell 7.3% over last week. A glance at the daily chart reveals the price is retreating after a bounce last week following a breakout from a downward channel that rever...
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