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Caution Ahead of US Payrolls - Stocks trading lower
China back to the business! Earlier today Asian stocks closed higher as China finally ended its long holiday and back to the business and the report of the agreement of US parties to increase the debt limit brought some hopes to Wall Street. And...
US Debt Default, and Debt Ceiling!
Should we worry about that?"In finance, default is failure to meet the legal obligations of a loan, for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond that has reached maturity." Wi...
Examining the state of the US labor market
Positive signals lift the marketsYesterday we had positive signals and data that helped the market sentiment and lifted the S&P 500 to its highest levels since September 30.Starting from ongoing energy concerns, that we had two signals which calm...
Gold ahead of employment data!
Bonds Yields down to 1.51%, ADP beat the estimatesUS ADP Non-Farm Employment Change report shows that the private sector of the economy added 568K new jobs in September, and beat the 425,000 expected new jobs. This data with tomorrow's Jobless claims...
Everything is about the Inflation!
Stocks are down, concerns are up! As time pass, inflation concerns look more real and effective. After yesterday's gains, today almost all leading indices all around the globe, losing all that they could recover in past days. Nikkie in the Asian...
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