Market In Review 28/2023
RBA holds and USA Non-Farm Payrolls shows some weakness in US economy. Stocks pumped and dumped with the Greenback just simply dumped.
Market In Review 14/2023
The US Fed’s favourite inflation number came out Friday night, a tick lower and so it was all aboard the stock market choo-choo train as the market sees no more inflation, no more rate rises and no risk ahead. Right.
Market In Review 02/2023
Bonds smashed, USD smashed, Oil smashed whilst stocks, gold, crypto spring higher. This all on the back of the first major news event for the year, the USA Non-Farm Payrolls
Market In Review 49/2022
Mixed US Employment results saw the good news equal bad for markets, but they then took a closer look and did not like what they saw, so the good news ended up being bad and VIX fell, stocks rose and US interest rates and Dollar fell.
Market in Review 45/2022
A very busy week finished with the Aussie dollar posting its largest daily percentage move in 12 years, closing +3.07%.
Market In Review 41/2022
Bad news is “good” for the market and good news is “bad”, as a healthy unemployment report and 50 year low number for the USA, sends investors panicking to offload risk assets. The cat was very much dead on the bounce this week.
Market In Review 36/2022
US stocks ended the week on a downer. It looked like late in the week it had stopped right on the 61.8% Fib level and found support, maybe even a bounce. That seemed to be confirmed on Friday when US Non Farm Payrolls came in with mixed results.
Market In Review 23/2022
Stocks faded again on Friday night as US jobs data added a healthy 390,000 but wage growth stagnated.
