NFP React: Stocks higher, Dollar crushed, Oil eyes $100, Gold surges, Bitcoin above $21k
[ad_1] US stocks went on a rollercoaster ride after another strong labor report. Stocks are rallying as Wall Street believes the Fed is on the right to bring inflation down.…
Crude rallies on China reopening hopes, gold pares gain after JOLTS data
[ad_1] With more than 20 years’ trading experience, Ed Moya is a senior market analyst with OANDA, producing up-to-the-minute intermarket analysis, coverage of geopolitical events, central bank policies and market…
Stocks drop as labor market stays hot, ISM softens, bitcoin vulnerable if Fed stays hawkish
[ad_1] US stocks are struggling here as the labor market refuses to cool, which should prevent the Fed from delivering a dovish hike tomorrow. Wage pressures are not going…
Oil lower on demand fears, gold hurt by strong dollar
[ad_1] Oil Crude prices pared losses after energy traders were reminded that while the market might flip to a surplus next quarter, OPEC will keep prices supported. The release…
Global contraction, Fed in focus, GameStop Mania returned, bitcoin steady above $20k
[ad_1] US stocks are finishing October on a down note as Wall Street braces for any signs from the Fed that they are near the end of their tightening cycle.…