Macro Briefing - Friday, Sep. 5
The U.S. trade deficit widened more than expected in July.
Chevron Corporation: Our Calculation Of Intrinsic Value
Chevron continues to generate strong free cash flows supported by high energy prices and disciplined capital allocation.
Is The Stock Market Overbought?
The trend remains red hot. The SPDR S&P 500 ETF continues to exhibit a strong upside trend.
Dividend Stock Analysis: T. Rowe Price Group Inc.
T. Rowe Price Group Inc. operates one of the largest no-load mutual fund and life cycle fund complexes in the United States.
Sensex Today Ends Flat; Vodafone Idea Up 13% & GMDC 12%
After opening the day higher, the benchmark indices continued their downward momentum, ended the session flat.
US Job Growth Slows Sharply In August, Adding To Case For Fed Rate Cut
US job creation slowed to a crawl in August, underscoring signs of weakness in the labor market and reinforcing expectations that the Federal Reserve will move ahead with an interest rate cut later this month.
US Dollar Index Sinks Below 98.00 As Fed Rate Cut Bets Pick Up Pace
The Greenback loses further momentum on Friday, en route to weekly losses.
August Jobs Report: “Recession Watch” As The Leading Indicators Across The Spectrum Turn Negative
22,000 jobs added. Private sector jobs increased by 27,000. Government jobs declined by -6,000.
US Job Growth Collapses To Just 22K, Unemployment Rate Rises To 4.3% Putting 50bps Rate Cut In Play
The US added only 22K jobs, a big drop from the upward revised 79K (from 73K previously), but more importantl,y June was revised from 27K to -13K, ushering in the first negative jobs print since 2020.
Why Did Lululemon Shares Crash In Premarket Trading?
Lululemon cuts earnings outlook as Trump's tariffs and elimination of duty-free shipping exemption set to cost company $240 million, sending shares down 19.78% in pre-market trading.
We're Facing The Bursting Of Twin Bubbles In Housing And Stocks
After a year of projecting confidence in America's "strong" and "resilient" economy, at his recent Jackson Hole appearance, Federal Reserve Chair Jerome Powell suddenly changed his tune.
Gold & Silver Eye The Job's Data, Bitcoin Rips Overnight! Key Levels
The S&P 500 rose to an all-time high yesterday as Wall Street gears up for today's job report.
S&P 500 Futures Hit Record High Ahead Of August Jobs Data: 5 Things To Know Before Wall Street Opens
US stock futures ticked up Friday morning, with the Nasdaq leading on a 0.4% gain and the S&P 500 futures hitting fresh record highs.
GBP/USD Price Analysis: Pound Holds Breath Ahead Of NFP
The GBP/USD price analysis indicates caution ahead of the US monthly employment report.
EUR/GBP Steadies As Markets Weigh Eurozone Growth And UK Retail Sales
EUR/GBP holds steady above 0.8670, as markets weigh subdued Eurozone Q2 growth and the UK’s mixed Retail Sales data.
Pound Sterling Advances Against US Dollar Ahead Of US NFP Data
The Pound Sterling trades broadly calm against its peers on better-than-projected UK monthly Retail Sales data for July.
Market Blast – Sep. 5
Equity futures are rallying this morning as the last two sessions completely wiped out Tuesday’s losses and then some.
Fed Policy Is More Restrictive Since Rate Cuts
The Fed has cut the Fed Funds rate by 1% since late 2024, and the presumption from many market participants is that the Fed has made policy less restrictive.
GBP/USD Forecast: Holds Steady
GBP/USD remains rangebound between 1.34 support and 1.36 resistance as traders await NFP data for the next decisive move.
Pound Steadies As Markets Await Key US Data
The GBP/USD pair found stability on Friday, trading around 1.3453 as anxiety in the debt markets eased.