US NFP: Rising wages growth suggests Fed to step up action – ING

Rob Carnell, Chief International Economist at ING, notes that the December Labour market report shows why it is wrong to write off a March hike from the Fed. Key Quotes The key figure here is average hourly earnings – now rising at 2.9%YoY, its highest rate of growth since June 2009 ...

The correction in the US Dollar remains intact – BBH

According to Marc Chandler, Global Head of Currency Strategy at BBH, the correction in the US Dollar remains intact unless proven otherwise. Marc provides additional technical views on FX majors below. Key Quotes A move now above the 102.60 area in the Dolla ...

AUD/USD: Sold on US NFP, Aus Nov building approvals next – Westpac

Sean Callow, FX Strategist at Westpac, provides a summary from Friday's price action in the Aussie, noting that the rate saw downside pressure following the US employment report, which sa a solid jump in wages growth, resulting in a decine down from 0.7350 to around 0.7290. I ...

Australia AiG Performance of Construction Index: 47 vs 46.6

Israel stocks lower at close of trade; TA 25 down 0.29%

Investing.com – Israel stocks were lower after the close on Sunday, as losses in the Insurance, Oil&Gas and Banking sectors led shares lower. At the close in Tel Aviv, the TA 25 lost 0.29%. The best performers of the session on the TA 25 were OPKO Health Inc (TA:OPK), which rose 2.86% or 100 ...

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.83%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Media&Publishing, Multi Investment and Petrochemicals sectors led shares lower. At the close in Saudi Arabia, the Tadawul All Share lost 0.83%. The best performers of the session on the Tadawul All Share ...

Weekly outlook: January 9 – 13

Investing.com - The dollar surged against a basket of the other major currencies on Friday after the U.S. nonfarm payrolls report showed a slowdown in hiring in December but the fastest wage growth in over seven years. The U.S. dollar index, which measures the greenback’s strength against a ...

Crude Oil Futures – Weekly Outlook: January 9 – 13

Investing.com - Oil futures finished slightly higher on Friday, logging their fourth weekly gain in a row with traders encouraged by signs that major crude producers will adhere to the pledge to curb output. On the New York Mercantile Exchange, crude oil for delivery in February inched up 23 cents ...