Market Watch

Thu May 9, 2024
U.S. Weekly Jobless Claims were 231k for the week ending May 4th, above the 212k estimate and the highest reading since August of last [...]
Tue May 7, 2024
Friday’s Nonfarm Payrolls miss (175k jobs added vs. 240k estimate) was enough ‘bad’ economic news to counteract some of the recent positive data and [...]
Thu May 2, 2024
In its rate policy statement yesterday the FOMC added the comment that ‘In recent months, there has been a lack of further progress toward [...]
Wed May 1, 2024
Today the FOMC announces its 3rd rate policy decision of the year. No change is expected to the current 5.50% target rate with only [...]
Mon April 29, 2024
The USD/JPY traded in a wide range overnight, reaching a high of 160.03 and 154.51 low, a 3.45% variance. Japan’s finance officials rarely comment [...]
Thu April 25, 2024
Today’s U.S. economic data encapsulates the Fed’s plight with resurgent inflation now clearly undermining the U.S. economy. First quarter GDP was 1.6%, below both [...]
Wed April 24, 2024
U.S. Durable Goods Orders for March were +2.6%, above the 2.5% estimate. And Durable Goods excluding transportation were +0.2%, matching the survey estimate. Today’s [...]
Tue April 23, 2024
The U.S. Dollar Index has traded within a 105.75/106.50 range since closing above 106.00 on April 12th. During April the dollar index had appreciated [...]