EUR/USD pulls back on geopolitical risks, Fedspeak and German data
EUR/USD is trading back down in the lower 1.0800s on Friday after being rejected by bears at the key 100-day Simple Moving Average (SMA) at 1.0874.
Source: fxstreet.com
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Wall Street Might Open Broadly Lower
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - The monthly jobs report, Factory Orders, and other economic announcements might get special attention on Friday. Early signs from the U.S. Futures Index suggest
Source: finanznachrichten.de
WTI Slumps to Fresh Five-month Lows Under $90.50 on Bearish US Inventories; Gold & Copper Flat
Oil prices were also hit by news of a restart to US/Iran nuclear deal talks and an OPEC+ output hike.
Source: fxempire.com
FOXNEWS The Journal Editorial Report June 4, 2024 19:05:00
All along. and now they're pointing to the core which came in lower tan expected, but the core came in lower than expected because used car prices plummeted. the reason why i think that's chilling is that i think we're many a version. i think that's -- in a recession. i think that's what happens when prices go way up and wages don't keep up. all of a sudden, people don't have money to buy stuff, and you end up quickly in a recession. so the sign that you saw prices drop so rapidly suggests that people are super anxious about big ticket items, and that's the kind of thing that happens right at ...
Source: archive.org