Recent price action not so convincing
Last week's market performance has left investors puzzled and hesitant, prompting a warning of caution. The monetary policy landscape is clearly diverging, with the Federal Reserve inching closer to considering a pause, while other major central banks maintain their focus on the possibility of higher rates. This has fuelled a broad-based sell-off of the US dollar and a surge in demand for stocks. However, a strong US jobs report, which exceeded expectations and included higher-than-forecast hourly earnings, has raised concerns that the Fed may adopt a more hawkish stance in the future.
While positive news on US earnings and a lack of negative developments in the banking sector may have diverted the market's attention, we believe that a robust jobs report, coupled with higher hourly earnings, should not be taken lightly. It may prompt investors to reconsider selling stocks and buying back US dollars.
Tech rebound starts to fade as US-China truce tested
Is the ageing crypto bull market getting tired?
Scam Alert? 3 Broker Red Flags to Check in 60 Seconds
USD/JPY Climbs to Fresh Nine-Month High
Markets Calm as Shutdown Nears End | 11th November 2025
Gold’s Back in Charge: XAUUSD Reversal Sets Stage for a Rally
EBC Markets Briefing | FTSE 100 breaks record; bullion hits 2-week high
