The equity markets pushed higher as better than expected payroll data created momentum, which helped, continue the rally that began September 1. This will be the first up week in the past 6 weeks, and the risk on trade seems to be back in vogue. ... […]
Equity markets remained steady after yesterday’s surprising rally to begin the month of March. Naysayers point out that August also began with a very large rally and with the US Non-farm payroll report being released on Friday at 1230 GMT, the market could easily tumble. ... […]
Better than expected Asian PMI data along with a much better than expected US ISM Manufacturing report pushed US equities up dramatically. The ISM index rose to 56.3 in August from 55.5 the prior month. Expectation were for a declined to 53.5. The parallel index... […]