Jobs Report Non-farm Private Payrolls came at 156K vs. 170K consensus. Unemployment Rate came at 4.6% vs. 4.8% consensus. Average Work Week came at 34.4 vs. 34.4 consensus. Hourly Earnings came at -0.1% vs. +0.2% consensus. The report, not too hot and not too cold. The Rate Hike After this report, consensus is approaching 100% for
Today we had double distribution on the market profile, however there are no significant signals that we have reach a temporary bottom. Â $Gold still trading above 1300 and the $SPX closed lower than Friday’s low. Â As of this note the ES futures are trading at 1982.5 Â — The emerging markets or small caps wont run
Stocks weaken, dollar gains amid Fed hike talk Stocks around the world sold off on Thursday, while the U.S. dollar gained, pressuring oil and other commodities, as investors absorbed the possibility that the U.S. Federal Reserve will raise interest rates in the near term. Oil prices sharply pared losses as supply worries offset the drag
Data from Thomson Reuters: The estimated revenue growth rate for the STOXX 600 for Q1 2016 is -7.0%. The STOXX 600 is expected to earn revenues of $1,232.0B in Q1 2016 compared to $1,324.5B in Q1 2015. Analysts expect positive earnings growth from 5 of the 21 countries represented in the STOXX 600 index. Spain
Fourth quarter earnings are expected to increase 31.3% from Q4 2014. Excluding the Financials sector, earnings are expected to decline 2.3%. 222 companies in the STOXX 600 have reported earnings to date for Q4 2015. Of these, 46% reported earnings above analyst estimates. In a typical quarter 49% beat analyst EPS estimates. The forward P/E