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Wed, May 1st, 2024
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Dollar Rallies Ahead of an Expected Hawkish FOMC Wednesday
Barchart - Tue Apr 30, 2:35PM CDT
The dollar index (DXY00 ) on Tuesday rose to a 1-week high and finished up by +0.60%. The dollar rallied Tuesday after T-note yields jumped when the US Q1 employment cost index rose more than expected,...
Stocks Weaken as Rising US Wage Costs Curb Fed Rate Cut Expectations
Barchart - Tue Apr 30, 10:05AM CDT
The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.19%. US stock indexes...
Dollar Climbs and Gold Falls as US Labor Costs Accelerate
Barchart - Tue Apr 30, 9:32AM CDT
The dollar index (DXY00 ) today is up by +0.28%. The dollar is moving higher today after T-note yields jumped when the US Q1 employment cost index rose more than expected, a sign of wage pressures and...
Stocks Slip as Rising US Labor Costs May Keep the Fed Hawkish
Barchart - Tue Apr 30, 8:52AM CDT
The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.35%. US stock indexes...
Eurozone's CPI Numbers Show Optimism But Investors Should Be Cautious
Zaye Capital Markets - Tue Apr 30, 7:32AM CDT
Inflation is on the minds` of many traders and investors, and every print of the inflation reading is closely watched by them. Today, we had another inflation reading from the Eurozone, which has made...
Could it be Time for a EUR/USD Resurgence as Consumer Confidence Seeps Back Into European Economies?
Solvid - Tue Apr 30, 4:06AM CDT
Inflation data continues to show its influence throughout the world of forex as EUR/USD holds its breath on consumer spending figures.
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