Analysis

NFP: Deceleration in US Job Growth

NFP: Deceleration in US Job Growth

ADP's private payrolls report for March showed a deceleration in US job growth, with only 145k jobs added compared to Dow Jones' estimate of 210k. The financial and business services sectors suffered the most, raising concerns of an economic slowdown. However, the NFP report for March is expected to show growth, with 240k jobs created. Its outcome will impact the USD and forex market volatility.
Moneta Markets | 759 days ago
US economy about to contract

US economy about to contract

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: US economy about to contract
FxPro | 760 days ago
RBA Game Not Over Yet

RBA Game Not Over Yet

Watch Oil as it could well drive RBA to greater aggressiveness yet again. Australian economy slowdown may not stop hikes?
ACY Securities | 761 days ago
Resting Bitcoin

Resting Bitcoin

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Resting Bitcoin
FxPro | 761 days ago
FX Daily: EUR, USD & NZD

FX Daily: EUR, USD & NZD

A fall in US job openings yesterday put recessionary fears back in focus. Today, I think USD is highly vulnerable to sub-consensus readings in the ISM services index.
ACY Securities | 761 days ago
Disappointing US data fuel downturn concerns

Disappointing US data fuel downturn concerns

Asian equities fell following US declines on recession concerns after disappointing services activity. China's Caixin services PMI rose to Nov 2020 levels due to eased COVID restrictions. UK PMI construction update expected for rebounds in commercial activity and civil engineering, but housing activity dropped for the third consecutive month.
Moneta Markets | 761 days ago
What is happening on AUD?

What is happening on AUD?

The main macro event yesterday afternoon has been the RBA’s latest policy meeting. The Australian Dollar has weakened modestly initially following the RBA’s policy decision by around -0.3% against the US Dollar and -0.4% against the New Zealand Dollar. It does though follow strong gains yesterday for the Australian Dollar that have only been partially reversed so far.
ACY Securities | 761 days ago
March service sector indicators in focus

March service sector indicators in focus

New Zealand's central bank raised interest rates by 50 basis points, surprising markets. German factory orders for February rose 4.8%. Today, the US ISM services index is released, with strong services activity casting doubt on interest rate cuts. US Treasury yields fell, while the dollar fell against the euro and sterling.
Moneta Markets | 762 days ago
Ethereum’s overtaking

Ethereum’s overtaking

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Ethereum’s overtaking
FxPro | 762 days ago