The Australian employment market report is due at 11.30 am Sydney time 0030 GMT 1930 US Eastern time Earlier: Snippet preview comments via ANZ: We will be watching the labour market results closely … to confirm that the 15,000 drop in employment in December was a one-off. Our labour market outlook is still very strong
Month: February 2023
Oil prices dropped for a second day on Wednesday on signs of ample U.S. supplies and expectations of further interest rate hikes, though forecasts of higher 2023 demand growth and a potentially tighter market limited losses. U.S. crude stocks rose by a more than forecast 10.5 million barrels, according to market sources citing American Petroleum
Dollar might finally be committing to a rally after stronger than expected retail sales data. Consumer markets appeared to remain robust despite persistently high inflation. Talks of a higher terminal rate for Fed is also growing. On the other hand, Sterling was knocked down earlier today after lower than expected CPI reading, in particular against
Sales at retailers rose far more than expected in January as consumers persevered despite rising inflation pressures. Advance retail sales for the month increased 3%, compared with expectations for a rise of 1.9%, the Commerce Department reported Wednesday. Excluding autos, sales rose 2.3%, according to the report, which is not adjusted for inflation. The ex-autos
In this article CSCO Follow your favorite stocksCREATE FREE ACCOUNT Cisco CEO Chuck Robbins participates in a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Hollie Adams | Bloomberg | Getty Images Cisco reported better-than-expected fiscal second-quarter results on Wednesday and lifted its forecast for the full year.
Share: GBP/USD consolidates the biggest daily loss in a fortnight around weekly low. Ascending trend lines from January and last November precede 200-DMA to challenge bears. U-turn from 50-DMA, bearish MACD signals favor sellers. GBP/USD stays defensive around 1.2030, bouncing off the weekly low, as it licks the previous day’s wounds during early Thursday. In
Here’s the Five Step Process to taking perfect trade setups consistently! Never get confused about the markets again, apply this process every time you come to the charts, and be presented with an endless stream of quality setups! FREE 70-Minute Training: https://jeafx.com/free-course-signup/ My Trading Academy: https://jeafx.com/jeafx-trading-academy-bundle/ 10% Off Forex tester 5 (code: FT2023JEA): https://www.forextester.com/idevaffiliate/idevaffiliate.php?id=4298 10%
I’ll show you beginners how you can learn how to trade forex by going through my forex trading tutorials in this sequence. Successful forex traders don’t expect people to spoonfed them, so I expect you to find the playlists yourself. If you want to learn forex trading the right way, you’ll need to start with
TTC Forex University – https://ttcfxuniversity.com/pre-launch-sale In this video, I will be teaching you my favorite price action trading strategy. This price action trading strategy is a strategy I have used for over 8 years and is something I trade every single week. So, if you would like to learn a pro price action trading strategy
Crude oil moves close to 100 day MA The price of WTI crude oil futures are selling at $79.72. That’s up $1.66 or 2.13% The high price reached $80.33. That was the highest level since January 30. The low price was at $77.47. For the week, crude oil is up $6.94 or 8.49%. Ever since
I’ve been writing about anecdotal reports that US home and auto sales suddenly picked up in the past few weeks. They’re the most interest-rate-sensitive part of the economy so they’ve been hit hard by Fed moves. However with rates ebbing early in the new year, a torrent of pent-up demand emerged. I think it’s telling.
Top Stories This Week Kraken reaches $30M settlement with SEC over staking as IRS seeks user information Kraken has agreed to stop offering staking services or programs to United States clients after reaching an agreement with the U.S. Securities and Exchange Commission (SEC). Along with ceasing operations, the crypto exchange will pay $30 million in
In the wake of a much stronger than expected US job report for the month of February, JOLTs job data for December beating expectations, and stellar US ISM services report for the month of January have suddenly turned around sentiments and views on inflation. Market participants are becoming concerned that notwithstanding economists’ forecasts of upcoming
While the economic calendar was relatively light, the week was full of surprise. The biggest one was the big wagers that put on Fed interest rate peaking at 6%. Rumors and speculations about the next BoJ Governor triggered some volatility. Meanwhile, the blockbuster Canadian job data came in and blew everyone away. Canadian Dollar eventually
The employment picture started off 2023 on a stunningly strong note, with nonfarm payrolls posting their biggest gain since July 2022. Nonfarm payrolls increased by 517,000 for January, above the Dow Jones estimate of 187,000 and December’s gain of 260,000, according to a Labor Department report Friday. “It was a phenomenal report,” said Michelle Meyer,
In this article 981-HK Follow your favorite stocksCREATE FREE ACCOUNT SMIC’s 14nm chip yield has reached industry production level. Future Publishing | Getty Images China’s biggest chipmaker Semiconductor Manufacturing International Corp. posted record revenue in 2022, despite ongoing U.S. sanctions, but warned of a more difficult year ahead given a slump in the semiconductor industry.
Share: AUD/USD finished the week above 0.6900, up 0.04%. Consumer Sentiment in the United States improved while inflation expectations rose. AUD/USD traders are eyeing RBA’s Governor speech alongside the Aussie employment situation. Next week’s US inflation and retail sales would dictate the faith of the US Dollar. The Australian Dollar (AUD) is set to finish
99% Accurate Price Action Trading System | #forex Trading strategy | Ztrading What is the best price action trading strategy? Which indicator works best with price action? Which time frame is best for price action trading? Is price action strategy profitable? crypto trading strategy for beginners crypto trading strategy binance crypto trading strategy binomo crypto