#economic-data

#economic-data

Gold prices fell to their lowest since September, reflecting ongoing inflation concerns and diminished hopes for a January rate cut by the Fed.

Market participants are closely monitoring upcoming economic data that could influence the euro-dollar pair's trajectory.

Today's jobs report indicates a slowdown in job growth, which paradoxically led bond markets to rise after an initial dip.

Despite a Federal Reserve rate cut, mortgage rates have risen due to stronger economic data indicating sustained inflation.

Mortgage rates are influenced more by investor expectations than by Federal Reserve decisions.

US dollar gains driven by strong economic data, political factors, and foreign economic developments.

Expectations of continued support for the dollar amid uncertain monetary policy changes.

The Dow Jones index reflects renewed investor confidence amid mixed economic signals.

UK inflation has fallen to 1.7%, below the 2% target for the first time in 3.5 years.

The pound is stable against the dollar, reflecting mixed UK economic data.

UK inflation held steady at 2.2% in August, impacting expectations for Bank of England's interest rate decisions.

The British pound stabilised but remained close to a one-month low against the dollar. The Bank of England's interest rate cut and US monetary policy expectations impact its value.

The Bank of England is considering reducing interest rates for the first time in over four years to provide relief for homeowners and families.

Weekly bitcoin futures designed for news traders enhance targeted strategies and profitability by minimizing rollover costs and price differentials.

The CME's new product allows traders to capitalize on short-term macroeconomic events more effectively.

Bitcoin near $64,000 suggests strong market sentiment influenced by upcoming U.S. economic data.

Interest rate cuts could potentially support a rise in Bitcoin prices despite current market challenges.

Cryptocurrency prices dropped amidst recession fears with specific declines noted in Bitcoin and Ethereum ahead of employment data.

Jobless claims increase distracts from CPI figures, reflecting challenges in balancing employment and inflation.

Initial jobless claims rose significantly due to Hurricane Helene and reduced shifts at Stellantis.

GBP/USD shows strength amidst a weakening USD but sustainability is uncertain.

Key support levels at 1.3050-1.3045 will guide short-term price direction.

Market awaits clearer signals from the Federal Reserve regarding rate cuts.

The EUR/USD pair is experiencing cautious recovery as investors await significant economic data affecting interest rate decisions.

Inflation has slowed to 2.9% in July, the lowest in three years, despite monthly rises.

UK stock markets outperformed European peers due to cooling US inflation

Hurricanes disrupt the labor market, leading to a significant rise in unemployment claims ahead of the crucial October jobs report.

Sen. Marco Rubio criticized the BLS after positive jobs data, emphasizing misunderstandings about the agency's revision processes.

Mortgage rates may decrease further due to softening labor market and 10-year yield hovering around key levels.

CPI inflation data missed estimates, leading to a decrease in bond yields.

Bitcoin's price fluctuation is influenced by upcoming U.S. economic data.

Memecoins are gaining traction, reflecting a risk-on sentiment among traders.

Institutional purchases of Bitcoin indicate growing confidence in cryptocurrencies.

Digital asset investment products saw significant outflows of $726 million last week, predominantly from bitcoin investments.

Spot bitcoin ETFs faced their first eight-day losing streak since January, indicating investor withdrawal.

Bitcoin price dropped over 8%, closing at $54,000, amidst weak economic indicators and investor hesitation.

Markets focused on FOMC decision, emphasizing the normalization pace of rates over the magnitude of cuts.

Weak manufacturing data pressures the U.S. dollar and raises economic downturn fears.

The U.S. dollar is poised for changes based on upcoming economic data, notably the Non-Farm Payroll report.

Mortgage rates are trending downward, offering relief to homebuyers and refinancing homeowners.

There are worrying signs in economic data indicating a potential economic slowdown despite not being in a recession currently.

Supportive monetary policy reinforces market trends, central bank 'put' in play.

Investor sentiment remains soft with market volatility ahead of the crucial US labor market report.

The July JOLTS report indicates a significant cooling in the US labor market, raising concerns before the August payrolls report.

Early access to economic data by hedge funds raises concerns about integrity and fairness in financial markets.

Flaws in data release protocols were revealed following a technical glitch at the Bureau of Labor Statistics.

Active housing inventory growth is healthier in spring 2024 compared to 2023.

Gold prices remain steady as investors await economic data, which may lead to volatility.

Weak PMI data could boost gold by lowering the US dollar's value.

Geopolitical and economic tensions also support the case for rising gold prices.

Speculation around interest rate cuts is critical for gold's next movement.

Crude oil prices surged to $78.28 per barrel after hitting a three-month low near $76.00, influenced by geopolitical tensions and economic data.

Investors are cautious ahead of NVDA's earnings, with broader market sentiment influenced by upcoming economic data and sector rotations.

Gold prices are near peak levels, supported by weaker dollar and treasury yields amid expectations of a possible interest rate cut.

The euro is trading sideways against the dollar, disrupted by recent U.S. economic data favoring potential growth.

The dollar trend lowered, with anticipation on US economic data impact.

The euro strengthened due to robust European activity data contrasting with slower US business growth, affecting the dollar index.