The non-farm payrolls data was far better than expected, intensifying the debate over when the Federal Reserve will cut interest rates. U.S. stocks fluctuated after opening flat on Friday (5th), with Apple rising first and then falling, extending its four-day decline. The main U.S. stock index closed slightly higher on Friday, but the nine-week winning … Read more
As 2024 approaches, it remains a huge unknown for markets and economists as to when the U.S. Federal Reserve (Fed) will begin cutting interest rates. The minutes of the last monetary policy meeting of the Federal Open Market Committee (FOMC) last year will be released at 3 a.m. Taiwan time on Thursday (4th). Some analysts … Read more
Supported by higher U.S. bond yields,dollar indexUp on the first trading day of 2024. Meanwhile, investors are awaiting the latest U.S. employment data and European inflation data for clues about central bank policy. In late New York trading on Tuesday (2nd), ICE tracked the U.S. dollar against six major currencies. dollar index (DXY) rose about … Read more
Major U.S. stock indexes opened lower on Friday (8th) as U.S. non-farm payrolls in November far exceeded expectations, suggesting the job market is still resilient and dampening market hopes for the Federal Reserve (Fed) to cut interest rates in March next year. before deadline,Dow Jones Industrial Averagefell more than 20 points or nearly 0.1%,Nasdaq Composite … Read more