FXCM Market Talk – Your Trading & Finance Podcast (Ep. 58)
058 - Non-farm employment change data gives wage inflation spiral scare
Average hourly earnings surprised to the upside, printing at 0.6% MoM - double the 0.3% MoM expected. This has raised the spectre of a wage inflation spiral. Markets are edgy and are reacting to bullish and bearish news. Upside surprises continued with ISM Services PMI and factory orders beating forecast. The ECB has indicated a minimum of 50bps for its hike. Join FXCM Senior Market Specialists Russ and Nik as they discuss these and more.
Senior Market Specialist
Russell Shor joined FXCM in October 2017 as a Senior Market Specialist. He is a certified FMVA® and has an Honours Degree in Economics from the University of South Africa. Russell is a full member of the Society of Technical Analysts in the United Kingdom. With over 20 years of financial markets experience, his analysis is of a high standard and quality.
Senior Market Specialist
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. He has a long time presence at FXCM, as he joined the company in 2011. He has served from multiple positions, but specializes in financial market analysis and commentary.
With his educational background in international relations, he emphasizes not only on Technical Analysis but also in Fundamental Analysis and Geopolitics – which have been having increasing impact on financial markets. He has longtime experience in market analysis and as a host of educational trading courses via online and in-person sessions and conferences.
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