Traders will be keeping a close eye on several key data releases this week, including the consumer price index and producer price index today and Thursday, respectively. The retail sales…

In terms of financial market news, everything’s a bit quiet After the Easter break. The financial calendar is void of high-volatility events and market operators are turning their focus on…

The US corporate earnings season is beginning with projections of a 6.8% decrease in profits, which could impact the stock market’s recent gains if there is a further decline. Tighter…

According to the March 2023 NFP report, the US job growth was in line with expectations. The economy added 236K new jobs. The number is substantially lower than the February…

Based on the recent employment-related data, it is difficult to determine how strong the NFP number will be and how it might impact inflation, the Fed and the dollar. While…

Risky assets showed more signs of hesitation yesterday. The S&P 500 remained practically unchanged with a 0.2% loss but Nasdaq dropped by 1.1% while the Dow Jones Industrial Average made…

Markets reacted bearishly yesterday after the JOLTS job openings came in well below expectations and the previous month’s reading. The number of job openings decreased to 9.9 million in February.…

The weak ISM manufacturing index softened bids in the dollar yesterday. The Institute of Supply Management (ISM) reported that the index of business activity in the US manufacturing sector fell…

USOIL gapped higher by 7.5% at the open on Monday’s trading as OPEC said Sunday they would cut production by over a million barrels per day. The output cuts are…

The Eurozone March flash CPI estimate just came in at +6.9% y/y (+7.1% expected). Lower-than-expected headline inflation didn’t create much of a reaction in EURUSD as core inflation came in…