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Ahead of US Jobs Report, the Greenback Remains Firm

May 03, 2019
Overview: The US April jobs data stand before the weekend, and the greenback is holding on to most of yesterday's gains as participants wait for the report.  Equities in the Asia Pacific region were mixed without leadership from China and Japan, where the markets remain closed for the extended holiday.  On the week, Australia's ASX was the…
Ahead of US Jobs Report, the Greenback Remains Firm Ahead of US Jobs Report, the Greenback Remains Firm Reviewed by Marc Chandler on May 03, 2019 Rating: 5
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May Monthly

May 02, 2019
The US dollar rose against all the major currencies in April, encouraged by renewed economic divergence. The March jobs report in early April and the better than expected Chinese data lift the animal spirits. The S&P 500 gapped higher on April 1 and did not look back on its way to record closing highs. The better tone to the world’s two larg…
May Monthly May Monthly Reviewed by Marc Chandler on May 02, 2019 Rating: 5
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Dollar Consolidates Fed-Inspired Recovery

May 02, 2019
Overview:  The US dollar is consolidating yesterday's post-Fed rally, and this is giving it a slightly heavier tone today.   Equities are mostly lower and Europe's Dow Jones Stoxx 600 is off about 0.5% in late morning turnover, which if sustained would be the largest decline in three weeks.  The S&P 500 posted a potential key reversal …
Dollar Consolidates Fed-Inspired Recovery Dollar Consolidates Fed-Inspired Recovery Reviewed by Marc Chandler on May 02, 2019 Rating: 5
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Setting the Record Straight: A Letter to and from the Fed on the Inflation Target: Setting the Record Straight:  A Letter to and from the Fed on the Inflation Target: Reviewed by Marc Chandler on May 01, 2019 Rating: 5
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No Help on May Day, which is also Fed Day

May 01, 2019
Overview: The May Day holiday has shut most markets in Asia and Europe, making for subdued market action.  Equity markets that are open, like Australia and the UK, advanced and US shares are trading higher helped by Apple's upbeat forecasts and sales that beat expectations.  Indeed, there is a risk that the S&P 500 gaps higher at the open …
No Help on May Day, which is also Fed Day No Help on May Day, which is also Fed Day Reviewed by Marc Chandler on May 01, 2019 Rating: 5
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