According to analysts at Wells Fargo, the surprising strength in nonfarm employment and decline in the unemployment rate is more improvement than what
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S&P 500 top movers: Occidental Petroleum (OXY) gains more than 30% as energy shares soar
Major equity indexes in the US started the day sharply higher on Friday as the upbeat jobs report provided a boost to risk sentiment. As of writing, t
S&P 500 Price Analysis: US stocks surge to highest since late February
The S&P 500 is accelerating to fresh 3.5-month highs as the bulls remain in control. The market is erasing the corona crash as economies are reopening. The bre
EUR/USD pulls back below 1.1300, turns negative on the day
The euro is about to put an end to an 8-day winning streak which has pushed the pair from 1.0890 lows on late may to nearly three-month highs right be
WTI rallies above $39 as focus shifts to OPEC+ meeting
Crude oil prices built on Thursday's modest gains and rose sharply on Friday boosted by the upbeat market mood optimism surrounding Saturday's OPEC+ m
The US NFP report might turn the tables on the USD – TD Securities
The risk rally that has hammered the US dollar as equity markets outperformed might be coming to an end according to the FX Analysis team at TD Securi
United States Baker Hughes US Oil Rig Count: 206 vs previous 222
United States Baker Hughes US Oil Rig Count: 206 vs previous 222
Canada: Despite job gains in May, significant slack in labour market to remain in place – NFB
Data released on Friday showed employment increased by 290K in May in Canada. Analysts at the National Bank of Canada point out the numbers were a pos
Crude oil: Prices move higher and further away from fundamental value – Rabobank
Analysts from Rabobank explain how the crude oil market has been affected by the introduction of more retail traders. The see scope for the WTI-Brent
AUD/USD Price Analysis: Aussie prints fresh 2020 highs
AUD/USD is on the rise while trading in fresh 2020 highs as the USD selloff remains intact. The spot is hovering just below the 0.6990 resistance while above i