SPX500 Cautious Ahead of US NFPs, as a Volatile Week Draws to a Close
The US index is soft after yesterday’s rebound and gears up for the jobs report, at the end of a volatile and holiday-shortened week
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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The US index is soft after yesterday’s rebound and gears up for the jobs report, at the end of a volatile and holiday-shortened week
OPEC and allies brought forward their oil production rises and USOil trades with caution today as market turn to the US jobs report
The pair comes from a volatile month during which it had its best performance since April 2021, as the European Central Bank has been turning hawkish, with the upcoming policy decisions looming
After a three-week losing streak and a shallow correction, the pair returns emphatically to profits this week, as the Fed remains committed to its tightening path and the BoJ to its ultra-loose policies
XAU/USD comes from two straight profitable weeks, but this was not enough to prevent another losing month, while the new one starts with caution
Economic activity grew at a slower - albeit still solid - pace in the first quarter and in line with RBA’s projections and the pair is on the back foot as the US Dollar rebounds
The US index is weighed by hawkish Fed-talk, as US investors return from their long weekend, after a stellar week
The pair has posted a significant recovery over the past couple of weeks, but faces difficulties today and may struggle to register its first profitable month of the year
Oil prices went up after European leaders reached a compromise, to sanction most of oil imports from Russia
The pair has been having very bad year, but after two straight profitable weeks, it moves towards the first positive month of the year
The German index is upbeat today as sentiment remains in a good place, after last week’s risk rebound, eyeing key technical levels
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