MarketPulse

It’s been a shocking week for European equity markets, on course to shed almost 5% and it could get worse if the US jobs report reflects what we saw yesterday from ADP.You wouldn’t always...

EUR/USD is unchanged in the European session, trading at 1.0893.Nonfarm payrolls expected to decline All eyes are on Friday’s nonfarm payrolls, which is expected to decline for June. However,...

Japanese wage growth rises, household spending declines US nonfarm payrolls expected to fall USD/JPY is sharply lower The Japanese yen climbed sharply on Friday. In the European session, USD/JPY is...

US nonfarm payrolls expected to drop, but massive ADP jobs report is making investors nervous Canada’s labour market is expected to rebound with a 20,000 gain The Canadian dollar is drifting in...

Despite positive momentum, oil falls short once moreOil prices are retreating in risk-averse trade today. The ADP report has clearly had a negative impact given it likely means we’re facing...

ADP shows 497,000 jobs created in June, biggest gains in over a year ISM Services Index makes 4-month high ISM Prices paid declined from 56.2 to 54.1, lowest since March 2020 US stocks extend losses...

ADP employment surprises with a huge gain of 497,000 On Friday, US releases nonfarm payrolls and Canada publishes the employment report Nonfarm payrolls are expected to fall to 225,000, Canada...

Australia posts strong trade surplus US ADP employment surprises with massive gain US unemployment claims and ISM Services PMI will be released later on Thursday Thursday has been a busy day for...

EIA crude oil Inventory Report is expected at 11 am EST. **Note API reported 4.4million draw last night. Fed’s rate path remains key for gold traders Bitcoin momentum capped on rising...

China President Xi tells military to firmly safeguard sovereignty and to strengthen military drills Tesla (NASDAQ:TSLA) and China’s top car manufacturers pledge to avoid ‘abnormal...

FOMC minutes highlight policy divisions USD/JPY falls sharply Japan releases Household Spending and Average Cash Earnings on Friday The Japanese yen is showing strong gains on Thursday. In the...

The first half of the year was rather choppy for the US dollar as massive bets of weakness were scaled down. Many on Wall Street expected the dollar to weaken as most of the other major currencies...

The Fed minutes showed that policymakers were divided and that the Hawks will still want to deliver more tightening. Fed Officials are concerned a tight labor market will make inflation tight...

Eurozone and German Services PMIs weaken in June Markets looking for clues as Fed releases minutes on Wednesday EUR/USD is showing limited movement on Wednesday. In the European session, the euro is...

Japanese Services PMI continues to expand Federal Reserve to release June meeting minutes on Wednesday USD/JPY continues to have a very quiet week and is trading at 144.36, down 0.07%, in the European...

It was a relatively quiet session with the US bank holiday naturally weighing on activity and those remaining having an eye on Friday’s jobs report but the day hasn’t been without interest...