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Market Update Friday 14 May Friday 14 May
Retail sale Decreased fears.Inflation increased, and Retail Sales were flat in April, while March figures revised up by 10.7%. After weaker than expected NFP numbers, these data reduced the fears of the U.S. economy running hot. Core retail sale...
Rebound after a sharp decline, what next?
European stocks following Wall Street!Yesterday and after positive US weekly Jobless claims number and the poor 30-year auction in line with US 10-year Treasury Yields falling back towards 1.63%, Stock markets found enough reason to rebound the most...
Jobless Claims under 500K, PPI above 6%
EURUSD`s following targets?Producer Price Index (PPI) y/y published earlier confirms that average changes in selling prices received by domestic producers of goods and services in April, compared to the same month of the previous year, raised by 6.2%...
US inflation and its effects on Markets
Threatening inflation hurting the stocks. After China, the higher-than-expected inflation in teh United States scared the markets and sent them to a multi-week low. Asian Stocks fell to 7 weeks low and American mostly at five weeks low. Higher i...
WTI market overview
OPEC raised the demand; Oil gained the momentumWhile today investors are awaiting crude oil supply data from the U.S. Energy Information Administration (EIA), to realize later today, last night The American Petroleum Institute (API ) reported the inv...