Seal peligro Unemployment

US job report disappoints miserably – what’s next Yellen?

The US May Job report came out with mixed signals, but the market focused on the extremely weak NFP figure, coming out only at 38k vs. consensus at around 150k. The US Dollar index tumbled 1.6% on Friday with EURUSD down 1.9% and USDJPY 2.2%. Equities in the US closed in negative, despite the weak […]

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Weak NFP Sends US Rate Hike Off The Table

On Friday, the US April labour market report revealed a very weak growth in the nonfarm payrolls which initially sent the USD lower, but the Greenback reversed gains and ended more or less flat against most majors. The weak report has made most analysts believe that we only will see one rate hike this year […]

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Markets slightly lower on China GDP

Following a busy EU session yesterday, markets calmed down in the US session and traded sideways ahead of the Chinese GDP. Despite the Chinese figures coming as expected and with a bullish tone associated, the markets in Asia traded generally lower with Hong Kong and Japan on the offer. In FX markets, the NZD shined […]