January Non-Farm Private Payrolls came at 276K vs. 225K consensus. Bonds, gold, and silver are falling on the report that in early trading, finally stocks are treating good news as good news. Oil is jumping on reduction in rig count. Greek stocks are under pressure. German and French leaders have a plan to resolve the
We finished with a positive note. Â The Nasdaq was stronger than the SPX noticing the bulls apetite for tech stocks in Jan ’15. Indexes fell after the World Bank cut its economic growth forecasts. Disappointing U.S. retail sales data pushed Treasury yields lower, while the dollar dropped against the yen. Oil jumped on technical
Tomorrow is going to be important. Source: Thomson Reuters, The Day Ahead • U.S. employers likely added 240,000 workers to their payrolls in December, according to a Reuters StarMine poll of analysts. The monthly jobs report is expected to provide the latest sign of the economy’s vigor, even though the figure would mark a step
New money that has come into the market is decisively stepping in to contain the sellers. Euro zone is hit with deflation. Prices in December 2014 were 0.2% lower than prices in December 2013. The terrorist incident in Paris has important implications for investors as the right-wing sentiment in Europe will be strengthened.