The fallout from the jobs report. Stocks lower. Yields higher. Dollar higher

BY admin admin

The US jobs report expectations was tilted to the downside pre-report as a result of omicron and all the premarket data. However it came in much stronger than expected at 467K versus 150K estimate.  The two month revision was a whopping +700K. What?
What has been the fallout from the surprise gains

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

UK's GDP Contracts in a Way Not Seen Since 1997 – 13 May 2020

According to data released by the Office for National Statistics the United Kingdom's GDP just had its largest monthly contraction since 1997,

Forex

RBA's Lowe says the AUD is broadly in line with fundamentals

Reserve Bank of Australia Governor Lowe Speech title is:   (full text at that link)  No indication from Lowe he is perturbed by the shut down of a fifth of the economy. 

Forex

GBPUSD M15 | Bullish bounce

TitleGBPUSD M15 | Bullish bounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.2750, a pullback support that aligns with the 38.2% Fibo retracement. A bounce from this level

Copyright © 2024 | WordPress Theme: Xews Lite