• Latest
  • Trending
  • All
Investors sentiment mixed ahead of the weekend

Investors optimistic ahead of employment report

June 3, 2022 04:20
Russian ruble licks wounds at all-time lows

Dollar demand intensifies, with month-end flows in focus

June 30, 2022 06:42
Equity markets mixed ahead of the weekend

Markets struggle for direction as worries persist

June 30, 2022 04:15
Dollar lacks upside momentum due to lower Treasury yields

Greenback continues to outperform its rivals

June 29, 2022 05:31
Stocks retain bullish bias, capping dollar’s recovery

Risk demand wanes across the markets, dollar edges higher

June 29, 2022 04:49
Dollar lacks upside momentum due to lower Treasury yields

Dollar stays downbeat, but bearish potential remains limited

June 28, 2022 06:15
Geopolitics pushes global markets south, dollar bulls back in the game

Stocks retain bullish bias, capping dollar’s recovery

June 28, 2022 04:38
Dollar lacks upside momentum due to lower Treasury yields

USD slightly on the defensive to start the week

June 27, 2022 06:04
Markets struggle for direction, dollar steady after gains

Stock market rally continues, pressuring the dollar

June 27, 2022 04:50
Dollar lacks upside momentum due to lower Treasury yields

Dollar resumes the downside, looks choppy

June 24, 2022 06:22
Risk sentiment looks mixed, dollar retreats marginally

Equities in positive territory ahead of the weekend, dollar lags

June 24, 2022 05:13
Stocks making recovery attempts, markets remain unstable

Markets indecisive as recession fears persist

June 23, 2022 09:11
Dollar lacks upside momentum due to lower Treasury yields

USD regains bullish bias, volatility ebbs somehow

June 23, 2022 08:44
  • Terms & Сonditions
  • Contact
Friday, July 1, 2022
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Equity markets mixed ahead of the weekend

    Markets struggle for direction as worries persist

    Stocks retain bullish bias, capping dollar’s recovery

    Risk demand wanes across the markets, dollar edges higher

    Geopolitics pushes global markets south, dollar bulls back in the game

    Stocks retain bullish bias, capping dollar’s recovery

    Markets struggle for direction, dollar steady after gains

    Stock market rally continues, pressuring the dollar

    Risk sentiment looks mixed, dollar retreats marginally

    Equities in positive territory ahead of the weekend, dollar lags

    Stocks making recovery attempts, markets remain unstable

    Markets indecisive as recession fears persist

    Global stocks in recovery mode but still cautious

    Global stocks back under pressure after short-lived relief rally

    Equity markets mixed, focus shifts to Blinken-Lavrov meeting

    Markets enjoy recovery but risks persist

    Global stocks struggle after a bearish week

    Markets relatively steady to start the week

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Equity markets mixed ahead of the weekend

    Markets struggle for direction as worries persist

    Stocks retain bullish bias, capping dollar’s recovery

    Risk demand wanes across the markets, dollar edges higher

    Geopolitics pushes global markets south, dollar bulls back in the game

    Stocks retain bullish bias, capping dollar’s recovery

    Markets struggle for direction, dollar steady after gains

    Stock market rally continues, pressuring the dollar

    Risk sentiment looks mixed, dollar retreats marginally

    Equities in positive territory ahead of the weekend, dollar lags

    Stocks making recovery attempts, markets remain unstable

    Markets indecisive as recession fears persist

    Global stocks in recovery mode but still cautious

    Global stocks back under pressure after short-lived relief rally

    Equity markets mixed, focus shifts to Blinken-Lavrov meeting

    Markets enjoy recovery but risks persist

    Global stocks struggle after a bearish week

    Markets relatively steady to start the week

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
No Result
View All Result

Home » Investors optimistic ahead of employment report

Investors optimistic ahead of employment report

by Stephen Soo
June 3, 2022 04:20
in Fundamental analysis
0
Investors sentiment mixed ahead of the weekend

Should the figures come in lower than expected, the greenback may see a solid retreat across the market

Wall Street stocks finished higher overnight as risk sentiment improved somewhat. As a result, major indexes erased recent losses to turn positive on the weekly charts. The benchmark S&P 500 gained 1.8%, the tech-heavy Nasdaq Composite added 2.7%, and the Dow Jones Industrial Average rose 1.3%. On the data front, the ADP employment report showed that the private sector added 128,000 jobs in May, lower than the 299,000 expected. In individual stocks, shares of Microsoft finished 0.8% higher after early losses seen in response to the news that the company cut sales and earnings guidance for the current quarter.

Following suit, Asian stock markets advanced ahead of a key US jobs report. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.45%. Japan’s Nikkei 225 was up 1.27% after the data showed that service sector activity grew at its fastest pace in six months in May. South Korea’s Kospi gained 0.44% even as headline and core inflation rates hit highs not seen in over a decade. Markets are shut in Hong Kong and China.

The dollar, meanwhile, stays under pressure on Friday after yesterday’s break below the 102.00 figure. The USD index briefly dipped to 101.30 earlier in the day before bouncing in recent trading, thus turning slightly positive on the day. Traders are looking to the US Labour Department’s jobs report for confirmation of a slowdown in the employment market. Should the figures come in lower than expected, the greenback may see a solid retreat across the market to finish the third consecutive week lower.

Elsewhere, OPEC+ producers agreed at a meeting on Thursday to a bigger-than-expected oil-production increase of 648,000 barrels a day in July and August. Oil prices rallied in a knee-jerk reaction to the decision, to get back above $118 a barrel. However, the upside momentum has waned on Friday, with Brent crude is back targeting the $116 mark in early European trading.  

Tags: BRENTDollarDOW JONESNasdaqNikkeiOilOPECS&P 500USUSD
Share3Tweet2
ADVERTISEMENT
Stephen Soo

Stephen Soo

Stephen's specialty is fundamental analysis. He graduated from the Booth School of Business, the University of Chicago. Stephen currently cooperates with several news agencies, and on FWNews he publishes macroeconomic news and reviews on brokerage companies.

Related Posts

Russian ruble licks wounds at all-time lows
Technical analysis

Dollar demand intensifies, with month-end flows in focus

June 30, 2022 06:42
15
Equity markets mixed ahead of the weekend
Fundamental analysis

Markets struggle for direction as worries persist

June 30, 2022 04:15
17
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Greenback continues to outperform its rivals

June 29, 2022 05:31
15
Stocks retain bullish bias, capping dollar’s recovery
Fundamental analysis

Risk demand wanes across the markets, dollar edges higher

June 29, 2022 04:49
17
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar stays downbeat, but bearish potential remains limited

June 28, 2022 06:15
18
Geopolitics pushes global markets south, dollar bulls back in the game
Fundamental analysis

Stocks retain bullish bias, capping dollar’s recovery

June 28, 2022 04:38
19

Leave Your Opinion Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Stocks at all-time highs due to upbeat economic data

Investors nervous ahead of data

June 3, 2021 05:31
16
Investor sentiment deteriorates further ahead of the weekend

Investor sentiment deteriorates further ahead of the weekend

October 1, 2021 11:20
14
Global stocks mixed as investors remain cautious

Investors in limbo as Russia-Ukraine talks continue

March 14, 2022 05:38
14

Ads

Shneider Electric

Most Popular

A slow start to the week in FX markets
Technical analysis

Dollar regains ground to start the week

January 25, 2021 07:25
118
A slow start to the week in FX markets
Technical analysis

Greenback advances modestly amid strong data

May 28, 2021 07:38
110
Kim Jong Un reportedly says his nuclear weapons guarantee there will be no more war
News

Kim Jong Un reportedly says his nuclear weapons guarantee there will be no more war

July 28, 2020 08:29
95
FWNews

Copyright © 2020 FWNews

  • Terms & Сonditions
  • Contact
No Result
View All Result
  • FUNDAMENTALS
  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage

Copyright © 2020 FWNews