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Asia ignores Non-Farm Payrolls - Vimarsana News

Asia ignores Non-Farm Payrolls

5/10/2021 4:41:28 AM GMT Friday's gigantic Non-Farm Payrolls miss, payrolls rose by only 266,000 jobs, is quickly being dismissed as an anomaly. The signs were already there in New York, with US 10-year yields plunging to 1.45% before rising back to 1.57% at the close. Stock markets rallied while the US Dollar was pummelled. All very much global recovery behaviour with a dash of nagging inflation doubts. Asian stock markets are off to a positive start today, but the commodity space is the real eye-opener. Shanghai Steel Rebar futures opened 10% higher and are now still 6.0% higher. Iron ore f...

Header image Asia ignores Nonfarm Payrolls - Vimarsana News

Header image Asia ignores Nonfarm Payrolls

Header image Asia ignores Nonfarm Payrolls Following Friday's gigantic Non-Farm Payrolls miss, payrolls rose by only 266,000 jobs, is quickly being dismissed as an anomaly. The signs were already there in New York, with US 10-year yields plunging to 1.45% before rising back to 1.57% at the close. Stock markets rallied while the US Dollar was pummelled. All very much global recovery behaviour with a dash of nagging inflation doubts. Asian stock markets are off to a positive start today, but the commodity space is the real eye-opener. Shanghai Steel Rebar futures opened 10% higher and are no...

EUR/GBP struggles to find direction, trades flat around mid-0.8600s - Vimarsana News

EUR/GBP struggles to find direction, trades flat around mid-0.8600s

Apr 19, 2021 13:06 GMTFXStreet News EUR/GBP stays in a consolidation phase at the start of the week. Investors await UK  jobs report and ECB’s policy announcements. Following the sharp upsurge witnessed earlier in the month, the EUR/GBP pair closed the previous week virtually unchanged and continues to have a difficult time finding direction on Monday. As of writing, the pair was down 0.05% on a daily basis at 0.8652. Earlier in the day, the data published by Eurostat showed that the Construction Output in the euro area contracted by 2.1% on a monthly basis in February. This reading came i...

Yields remain in focus; UK Jan GDP beats expectations - Vimarsana News

Yields remain in focus; UK Jan GDP beats expectations

- - - u-blox [UBXN.CH] -14% (earnings) - ECB's Villeroy (France) reiterated stance of no danger at this time of overheating in Europe on growth or inflation. To maintain accommodative monetary policy for as long as necessary. Had no discussion on size of PEPP envelope - ECB's Vasiliauskas (Lithuania) stated that was difficult to see economy turning a corner before autumn. Turning point for PEPP purchases was when the economy can breathe on its own - ECB’s Muller (Estonia) reiterated Council view that faster pace of PEPP purchases to be temporary, planned size of program 'would remain...

Slovakia macroeconomic statistics February 2021 - Vimarsana News

Slovakia macroeconomic statistics February 2021

Take a look at what the February 2021 statistics show about the economic situation in Slovakia.