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Forex Today: US Dollar stays offered as focus shifts to PPI inflation data
Here is what you need to know on Thursday, June 12: Risk sentiment remains sour early Thursday as investors' take account of the latest trade headlines while holding their nerves ahead of the US Bureau of Labor Statistics’ (BLS) Producer Price Index (PPI) data for May and another US Treasury 10-year
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Worst UK employment level in four years: Rachel Reeves' taxes in the crosshairs
The latest UK employment report is unequivocal: the labor market is deteriorating rapidly. Employment data indicate a marked slowdown in hiring activity, with companies becoming increasingly reluctant to recruit or replace departing employees. The downturn comes shortly after the government's new ta
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Crude Oil gains ground as energy markets hope for US-China trade solutions
WTI is holding above $64.00/barrel on Monday, a seven-week high.Crude Oil markets are betting that summer travel and easing US-China trade tensions will bolster demand.OPEC’s latest production increase hasn’t hit global supplies yet, but it could come soon, and WTI prices are poised for another turn
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Gold treads water with US NFP and US-China trade talks in focus
Gold ticks up as US-China trade talks ease market fears, limiting safe-haven demand.Eurozone Retail Sales and GDP data beat forecasts, but attention remains on Friday’s NFP employment report. Gold awaits a fresh catalyst for the next move as psychological support firms at $3,350. Gold (XAU/USD) has
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- JosephMonteRo :how does it work
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Focus on yields, ESP JP, on otherwise rare quiet day, bond vol today
Asia Market Update: Focus on yields, esp JP, on otherwise rare quiet day; Bond vol today, provides potential entry for corporate issuance in JP. General Trend - Japan’s National April CPI figures confirmed the earlier Tokyo CPI with >3% for all of Headline, Core and Core-Core readings. Core readi
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