US labor market: NFP Data Normalization, not recession
Fresh indicators of a cooling labor market are strengthening confidence in the Fed’s policy shift, but their impact on major market dynamics has been uneven thus far.The job market is
September 2024
Gold retreats from highs, And retains the mark of $2,500
The US ISM Services PMI showed upbeat output in the sector in August.A weaker United States labor market fueled speculation of a larger interest rate cut.XAU/USD loses near-term bullish strength
S&P 500 Warning: Deeper Pullback Looms in Coming Weeks, Fairlead
According to a report released today by Fairlead Strategies, there could be vulnerabilities in the US stock market, and a further decline in the S&P 500 is possible in the
August Payrolls Fall Short: ADP Reports Slower Job Growth
August’s US private payroll growth was less than expected, which is the most recent indication of the labour market’s continuing, albeit mild, decline. Payrolls processor ADP reports that private payrolls
Crude Oil settles down by more than $1/bbl on demand fears and Supply expansion by OPEC
Benchmark prices have fallen sharply in past weekHit by soft US, China data; possible Libya output returnOPEC+ could delay planned output increase, sources say Crude futures sank more than $1 per
Gold Price Forecast: As US jobs data loom, XAU/USD bides time before retesting record highs
Gold price gathers strength for the next leg up, battling $2,500 early Thursday.The US Dollar suffers from the increased odds of a big Fed rate cut in September.Gold price looks