Please note that this website is not intended for EU residents. If you are located in the EU and wish to open an account with an EU investment firm and protected by EU laws, you will be redirected to Huaprime EU Ltd, a company licensed and regulated by the Cyprus Securities and Exchange Commission with licence no. 426/23.
Tags: Federal Reserve, Nonfarm Payrolls
US equities ended higher on Tuesday following the release of employment data from United States which reaffirms expectations for interest rate cut later this year. According to JOLTs, US job openings fell to its lowest level in 3 years with 8.059 million vacancies for April.
The report shows significant reduction in job vacancies which suggests easing in labour market tightness that would indirectly affect inflationary pressure. It also came after a series of data which suggests economic cooling, further emphasizing the need for a rate cut to ensure smooth economic progression.
(S&P 500, Daily Chart, TradingView)
In the meantime, investors will look forward for the release of Nonfarm Payrolls report which could reaffirm Fed’s likelihood for policy adjustment later this year. As of writing, Dow Jones rose 0.36% to 38,7111, S&P 500 gained 0.15% to 5,291 and Nasdaq inched up 0.17% to 16,857.
Disclaimer
Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.
Ultima Markets, dünya çapında yaygın emtialar için en rekabetçi maliyet ve değişim ortamını sağlar.
Ticarete BaşlaHareket halindeyken piyasayı izleme imkanı
Piyasalar arz ve talepteki değişimlere duyarlıdır
Sadece fiyat spekülasyonu ile ilgilenen yatırımcılar için çekici
Derin ve çeşitli likidite ile gizli ücretler yok
Dealing desk yok ve yeniden fiyatlandırma yok
Equinix NY4 sunucusu üzerinden hızlı yürütme