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<p>The JOLTS job openings yesterday <a href="https://www.forexlive.com/news/jolts-job-openings-for-december-9026m-vs-8750m-estimate-20240130/" target="_blank" rel="follow">here</a> showed that markets are susceptible to data releases even as we await the Fed policy decision later today. It is jobs wee

<p>The year 2023 wasn’t fantastic for the stock markets, as other factors took the spotlight. First, the US dollar dominated, followed by Bitcoin taking center stage. Now, as we kick off 2024, and stock indices have surged to their all-time peaks or close to them. Let’s find out how we’ve fallen in this state.</p><p>Stock indices

<p>Bring on the pain. Tech shares are being smacked in European morning trade, as S&amp;P 500 futures and Nasdaq futures are sinking lower on the session. The former is down 0.5% while the latter is down 1.3% on the day now. There was a slight respite as European traders got to their desk today. However, […]

<p>Bitcoin has been falling steadily since the ETF approval as the market “sold the fact” but found some footing recently as the overall mood improved. On the macro front, the rate cuts expectations are a tailwind for general risk sentiment which should support the cryptocurrency further. Moreover, the market participants might also want to p

<p>The numbers for the other state readings released around the same time:</p><ul><li>Brandenburg CPI +3.7% vs +4.5% y/y prior</li><li>Hesse CPI +2.2% vs +3.5% y/y prior</li><li>Baden-Wuerttemberg CPI +3.2% vs +3.8% y/y prior</li><li>Saxony CPI +3.5% vs +4.3% y/y prior</li><li>

<p>That's a decent improvement in Swiss investor sentiment but it is still negative for the time being. UBS notes that:</p><p>"The indicator has climbed to its highest level in two years (excluding February 2023), signaling that pessimism around the Swiss economy is slowly abating."</p> This article was writte

<ul><li>Prior 5k</li><li>Unemployment rate 5.8% vs 5.9% expected</li><li>Prior 5.9%</li></ul><p>The data continues to underscore some resilience in the German labour market to start the year at least. Amid the manufacturing recession, there have been slight signs of softening in employment condi

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<ul><li>Eurostoxx flat</li><li>Germany DAX -0.1%</li><li>France CAC 40 +0.1%</li><li>UK FTSE -0.2%</li><li>Spain IBEX +0.1%</li><li>Italy FTSE MIB +0.2%</li></ul><p>The CAC 40 continues to track at record highs while the DAX is just a whisker away from scaling

<p>The rebound in Chinese stocks barely lasted a few days as the market rout continues this week. The Shanghai Composite is already down 4% this week alone with the Hang Seng also down over 3% on the week going into the close today. The outflows continue to weigh on the yuan and that is seeing […]