S&P 500 Futures flirt with two-month top, yields stabilize as economic fears precede US NFP – by anilpanchal7 SP500 Futures YieldCurve Recession NFP
It’s worth noting that the fears of economic slowdown and tension surrounding Taiwan are extra catalysts that weigh on the market sentiment.
It should be noted, however, that the recently firmer data from Europe, the latest one being the German Factory Order, joins the cautious tone of the major central bankers to help the equity buyers in keeping control. JP Morgan cites short covering moves by the retail investors as the catalyst behind the recently firmer equities.
Given the mixed market performance, mainly the mildly bid equities in contrast to the pessimism, the traders should wait for the US Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
S&P 500 Blasts Higher, Nasdaq 100 on Brink of Exiting Bear Market Territory, NFP EyedS&P 500 and Nasdaq 100 rally on positive market sentiment following better-than-expected ISM PMI. Strong U.S. service sector data suggests the economy is not about to fall off the cliff. A better gauge of strength will be NFPs on Friday.
Read more »
Gold Price Forecast: XAU/USD climbs $1,770 as risk-on rebounds, US NFP buzzGold price (XAU/USD) has displayed a responsive buying action after printing a low of $1,755.00 in the Asian session. The precious metal entered a cor
Read more »
AUD/USD retreats towards 0.6950 ahead of RBA Monetary Policy Statement, US NFPAUD/USD bulls take a breather after a two-day uptrend, recently easing to 0.6965 as the key NFP Friday begins. The pair’s latest moves could be linked
Read more »
S&P 500, Nasdaq 100, Dow Jones Price Action: Are Bears Done For?Stocks continue to rally and the Nasdaq is flirting with ‘bull market’ territory. This rally from June lows has many declaring that the boom is in. This point of view is usually entangled with the expectation that inflation has topped.
Read more »
Bulletproof Mercedes 500 SEL for saleWant to live the life of a 1980s head of state? All this bulletproof (literally) Merc 500 SEL is missing are bonnet flags...
Read more »
U.S. stock futures point to higher start after back-to-back lossesU.S. stock index futures point to gains for Wall Street, after major indexes suffer back-to-back losses.
Read more »