Markets focused on Turkey with prior to inflation release
Although it has been a quiet week, sharp weakness in the Turkish Lire has increasesed fear of a potential correction. While a small correction is possible at any time, it…
Read MoreAlthough it has been a quiet week, sharp weakness in the Turkish Lire has increasesed fear of a potential correction. While a small correction is possible at any time, it…
Read MoreThe Bureau of Labor Statistics (BLS) reported that the July Producer Price Index (PPI) was up 3.3% year-over-year, a bit below the 3.4% June reading and consensus estimate.
Read MoreInitial Jobless Claims remained near the lowest level in almost 49 years.
Read MoreFollowing a quiet day with no economic data out, Thursday features the release of the Producer Price Index for the month of July. The PPI release is the first of…
Read MoreThe rebound in the S&P 500 Index (SPX) over the last four trading sessions has all eyes focused on the January 2018 high of 2872.
Read MoreThe monthly JOLTS report (Job Openings and Labor Turnovers Survey) released by the Bureau of Labor Statistics (BLS) this morning shows there continues to be a large number of job…
Read MoreFollowing a busy start to August, this week figures to be a slow week with the two key economic releases giving us a look at inflation at the producer and…
Read MoreLot of comments among economists about the drop in the ISM Non-Manufacturing Index. There are only two cycles worth of data, but so far, 01/18 was peak for this cycle…
Read MoreToday’s action clearly highlights the no-man’s land environment. The news was terrific with a solid employment report and Chinese currency bounce, yet the market is just kinda stuck. Eventually, we…
Read MoreThe Labor Department reported that nonfarm payrolls rose by 157k in July, below the consensus expectations of 193k.
Read More