From Selloff to Stock Market Crash: What Investors Need to Watch
Wall Street is abuzz over the potential of a stock market crash after Thursday's spontaneous drop in the last few hours of trade.
Source: investorplace.com
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EUR/USD Forecast: Euro could look to extend rebound on a weak US jobs report
EUR/USD erased its daily gains and closed flat on Thursday after climbing to its highest level since March 21 above 1.0870.
Source: fxstreet.com
NZD/USD hovers around 0.6000 ahead of US NFP data
The NZD/USD pair trades on a softer note near 0.6012 on Friday amid the firmer US Dollar (USD).
Source: fxstreet.com
Inflation data coming next week amid concern stocks are overbought
March inflation numbers may show investors that inflation is heading toward the Fed's 2% target. If not, base case expectations for rates may need a revamp.
Source: cnbc.com
European Shares Likely To Open On Steady Note
European stocks may open flat to slightly higher on Thursday amid bets that policymakers at the Fed, ECB and BOE will cut rates at their June meetings. Fed officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said Wednesday but nevertheless emphasized the need for more evidence that inflation is easing.
Source: rttnews.com