US services ISM index better but JOLTS worse-USD/JPY drops back
The November ISM service sector index has just been released. This was expected to rise slightly, from 51.8 to 52. It has actually risen to 52.7, but...
Another important number for the EUR/USD to focus on at 3pm GMT
Leaving aside the latest ISM data due out shortly, there is also another important release due out at the same time. That is the latest JOLTS, job...
US stocks open lower- Dow Jones drops back closer 36k
The US stock markets have just reopened and it has been a negative start to the session. That might change as the afternoon unfolds and as already...
It has been a grind and it may not be over with yet, but the Dow Jones has finally managed to print a trade at just a few points above 35k this evening. The move to a fresh session high comes as the Nasdaq 100 remains subdued and curtailed by the rebound in US treasury yields. Those have not backed yet either and that is holding back the nasdaq 100 from following the Dow Jones higher. The Dow Jones has literally just this minute traded to 35,008. It remains to be seen if the index can extend that move and also whether it has the impetus to post a daily close above 35k. It has not done that since August 14. The Dow Jones is just now trading at 35,001