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USD Steady Amid Market Nervousness: ADP Data to Set the Tone

USD Steady Amid Market Nervousness: ADP Data to Set the Tone

The risk mood has darkened a little this week, with some sizeable corrections emerging in some equity markets. There has not been one catalyst per se, but lofty valuations must be leading to some profit-taking in uncertain conditions. For today, it's all about the US ADP jobs release and what it means for the December Fed meeting. Expect FX to stay defensive

STOCKS
ING Economics
US Money Market Liquidity: Calm Surface, Bubbling Undercurrents

US Money Market Liquidity: Calm Surface, Bubbling Undercurrents

Treasuries are treading water, and really should have performed better on a risk-off Tuesday. But the 10yr seems content at above 4% for now. The 2yr has more open road to trek back down to 3.5%. Wednesday’s refunding announcement should be a box-ticking exercise. The plumbing of the money markets is where all the drama is - keep an eye on it

BUSINESS
ING Economics
FX Daily: Dollar Resilient Post-JOLTS, Euro Faces Headwinds

FX Daily: Dollar Resilient Post-JOLTS, Euro Faces Headwinds

FOREX
ING Economics
Turbulent Markets: Powell's Hawkish Turn Sparks Rate Cut Speculations

Turbulent Markets: Powell's Hawkish Turn Sparks Rate Cut Speculations

FOREX
ING Economics
Asia Morning Bites: Focus on China's Caixin Services PMI and Anticipation for US Non-Farm Payroll Data

Asia Morning Bites: Focus on China's Caixin Services PMI and Anticipation for US Non-Farm Payroll Data

FOREX
ING Economics
Portugal's Growing Reliance on Retail Debt as a Funding Source and Upcoming Market Events"

Portugal's Growing Reliance on Retail Debt as a Funding Source and Upcoming Market Events"

FOREX
ING Economics
Rates Surge: US Service Sector Strengthens Yields

Rates Surge: US Service Sector Strengthens Yields

FOREX
ING Economics
Rates Reversal: US Long Yields on the Rise as Curve Dis-Inverts

Rates Reversal: US Long Yields on the Rise as Curve Dis-Inverts

FOREX
ING Economics
US Markets Return with Hopes of Goldilocks Scenario Amid Elevated Long-End Yields

US Markets Return with Hopes of Goldilocks Scenario Amid Elevated Long-End Yields

FOREX
ING Economics
Rates Spark: Close calls as EUR rates drift higher ahead of ECB Decision and US Market Return

Rates Spark: Close calls as EUR rates drift higher ahead of ECB Decision and US Market Return

FOREX
ING Economics
Morning Market Update: Korean Inflation Surprises, RBA Governor's Final Meeting Expected to Be Uneventful

Morning Market Update: Korean Inflation Surprises, RBA Governor's Final Meeting Expected to Be Uneventful

FOREX
ING Economics
EUR/USD Faces Pressure as ECB Maintains Radio Silence

EUR/USD Faces Pressure as ECB Maintains Radio Silence

FOREX
ING Economics
RBA's Pause Isn't the Endgame: Dollar Remains Trapped Amid Low FX Volatility

RBA's Pause Isn't the Endgame: Dollar Remains Trapped Amid Low FX Volatility

FOREX
ING Economics
Asia Morning Bites: RBA Decision and China's Caixin PMI in Focus

Asia Morning Bites: RBA Decision and China's Caixin PMI in Focus

FOREX
ING Economics
Asia Morning Bites: China PMI in Focus, Global Markets Positive, and Key Economic Indicators Ahead

Asia Morning Bites: China PMI in Focus, Global Markets Positive, and Key Economic Indicators Ahead

FOREX
ING Economics
Hawkish Stance of the ECB and Growing Concerns Over Inflation Dynamics: Assessing Market Expectations and Data Events

Hawkish Stance of the ECB and Growing Concerns Over Inflation Dynamics: Assessing Market Expectations and Data Events

FOREX
ING Economics
FX Daily: Hawkish Fed Minutes and the Impact on Data Expectations

FX Daily: Hawkish Fed Minutes and the Impact on Data Expectations

FOREX
ING Economics
US ADP and JOLTs data in focus as European markets face continued losses

US ADP and JOLTs data in focus as European markets face continued losses

FOREX
Michael Hewson
Asia Morning Bites: Trade Data from Australia, Taiwan Inflation, and US Fed Minutes Highlighted

Asia Morning Bites: Trade Data from Australia, Taiwan Inflation, and US Fed Minutes Highlighted

FOREX
ING Economics
FX Daily: Fed Minutes and Data Releases Awaited as Dollar Bears Seek Evidence

FX Daily: Fed Minutes and Data Releases Awaited as Dollar Bears Seek Evidence

FOREX
ING Economics
Asia Morning Bites: Philippine Inflation and Singapore Retail Sales Awaited

Asia Morning Bites: Philippine Inflation and Singapore Retail Sales Awaited

FOREX
ING Economics
RBA Decision and Global Market Updates

RBA Decision and Global Market Updates

FOREX
ING Economics
Asia Morning Bites: Focus on Regional PMI Figures, China's Caixin Manufacturing Report, and Upcoming FOMC Minutes and US Non-Farm Payrolls"

Asia Morning Bites: Focus on Regional PMI Figures, China's Caixin Manufacturing Report, and Upcoming FOMC Minutes and US Non-Farm Payrolls"

FOREX
ING Economics
Stock markets to face today's ISM services report for February| FXMAG.COM

Stock markets to face today's ISM services report for February

FOREX
Michael Hewson
This week is going to action-packed - Eurozone Flash CPI, ISM Services, Services PMIs and more| FXMAG.COM

This week is going to action-packed - Eurozone Flash CPI, ISM Services, Services PMIs and more

FOREX
Michael Hewson