The price of the global oil benchmark has recovered back to the $80/bbl, for now. The incoming US nonfarm payrolls report could have a major say on whether Brent stays above or below that round number by the weekend.
Gold fell by over 1% within minutes of news that the PBOC halted its gold purchases for the first time since October 2022! And there could be more volatility for the precious metal when the US jobs report arrives in just a couple of hours.
AI-mania is still powering the likes of the S&P 500 and Nasdaq 100 to never-seen-before levels. Tomorrow's US jobs report should determine even greater heights, or a pullback, are warranted before the weekend.
This Week: US400 stock index to hit new record highs?
The US400 has already posted multiple fresh all-time peaks so far in 2024, boasting of nearly 10% in gains for Q1 2024. This week's events may determine whether this stock index will push further above, or sink back below, the psychological 3,000 level.
The price of the global oil benchmark has recovered back to the $80/bbl, for now. The incoming US nonfarm payrolls report could have a major say on wh...
Brent
Oil
OPEC+
US jobs report
NFP
Nonfarm Payrolls
US Dollar
Gold fell by over 1% within minutes of news that the PBOC halted its gold purchases for the first time since October 2022! And there could be more vol...
Gold
Bullion
central banks
China
US jobs report
NFP
Nonfarm Payrolls
Federal Reserve
AI-mania is still powering the likes of the S&P 500 and Nasdaq 100 to never-seen-before levels. Tomorrow's US jobs report should determine even greate...
S&P 500
Nasdaq 100
indices
Federal Reserve
NFP
US jobs report
The US400 has already posted multiple fresh all-time peaks so far in 2024, boasting of nearly 10% in gains for Q1 2024. This week's events may determi...
cfd on indices
NFP
US jobs report
Fed speak
Fed Chair Jerome Powell
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