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Monthly Outlook - June 2021
Volatility Month aheadIn May, US upbeat economic data did not surprise the market participant as many used to wait for them after a considerable stimulus. However, with April Non-farm payrolls, Retail Sales, and finally with May NFP data of yesterday...
Non Farm Payroll and Market reaction
NFP missed the expectationsWhile None Farm Payroll again missed the expectation on 559K, less than 650K estimates, April upward revision also was minor than getting the attention, only 12K from 266,000 to 278,000. According to a Labor Department repo...
USD back to warily!
Market Update ahead of NFPAs it was expected and mentioned earlier this week, as much as we are getting closer to the NFP data should wait for stronger USD, since market pricing more and more on FED possible Hawkish; however, the risk of surprise of...
Employment data and FED in focus
FED started its' signals?While Initial Jobless Claims fall sharply to 385K and ADP Nonfarm Employment Change in May raised to 978K; however, the market is putting more price on tomorrow's NFP data, where we are expecting to see Nonfarm Payrolls to re...
League of Champions 2021
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