Stocks shrug off higher yields on strong jobs report ahead of CPI and FOMC - Newsquawk US Market Wrap
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
The US Dollar turned north this past week, partially losing its pace on Thursday, as speculative interest took a break ahead of the United States (US) employment figures scheduled for Friday.
Germany’s Factory Orders unexpectedly declined in October, the official data published by the Federal Statistics Office showed Wednesday, suggesting that the German manufacturing sector recovery is in the doldrums once again.
TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES 8:15ET ADP Employment Change; 8:30ET Nonfarm Productivity, Unit Labor Costs, Trade Balance; 10:00ET Bank of Canada’s Rate Decision ADP RESEARCH INSTITUTE SAYS U.S. ADDED 103,000 JOBS IN NOV. Est. 130k TODAY’S HIGHLIGHTS: CEOs of the biggest banks on Wall Street testify to the Senate
The EUR/USD shed half a percent as broader markets tossed aside sentiment and flipped risk averse to kick off the new trading week.