Trading the News: U.S. Non-Farm Payrolls (NFP) A 180K expansion in U.S. Non-Farm Payrolls (NFP) paired a pickup in household earnings may trigger a near-term pullback in EUR/USD as it puts pressure on the Federal Open Market Committee (FOMC) to further normalize monetary policy sooner rather than later. Why Is This Event Important: With the U.S. economy approaching full-employment, signs of higher wage growth ...
Are you confused why Oil is trading lower after an encouraging EIA Crude Oil Inventory Report that showed a draw of 5.39m barrels and had refiners processing 1m bpd more than last year’s record refining activity? In a word, or name, Harvey is why Oil is trading lower, and you can see the confusion through derivative markets such as time spreads of Oil and the Brent/ WTI spread. Either way, the supply chain component of the energy market ...
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In the wake of the devastating aftermath of Hurricane Harvey, several artists are joining in the efforts to raise money for the victims, including Solange, Fall Out Boy and Bun B who have all planned separate benefit concerts. Solange announced she will be performing a benefit show at Orpheum Theatre with Sun Ra Arkestra ...
Beyoncé has pledged to "help as many" victims of Hurricane Harvey as she can in the aftermath of devastating storm that has unleashed historic flooding in Texas. In a statement to the Houston Chronicle, the Houston-born singer said, "My heart goes out to my hometown, Houston, and I remain in constant prayer for those affected and for the rescuers ...
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