Euro, EUR/USD, US Dollar, Fed, FOMC, Daly, Treasuries, Energy - Talking PointsEuro support wilted after US Dollar resumed strengtheningThe Fed reminded markets of their intention and yields respondedIf the northern winter is a...
ISM SERVICES KEY POINTS:ISM Services PMI at 56.7 in September versus 56.00 expectedResilient services sector activity data backs case for Fed to remain on a hawkish pathU.S. dollar extends gains on better-than-forecast results
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The ISM services survey is one of the best forward-looking metrics of US economic strength and it was surprisingly strong in September at 56.7 vs 56.0 expected.That news sent the US dollar higher...
Indices Talking Points:Equities have started Q4 on a brighter note than they ended Q3 and this has brought on calls from some indicating that stocks have bottomed.Markets seem to still have the conditioning...
