Author: FX
Since the November ISM PMI reports painted a mixed picture of the U.S. economy, market watchers looked ahead to the December figures to hopefully gain more clarity. Instead, the latest batch of PMI readings further highlighted the diverging performance of the manufacturing and services sectors, giving an even more muddled outlook for U.S. recession odds and the Fed policy trajectory. As it turns out, manufacturing is still struggling as factories keep contracting month after month. Meanwhile, the services sector (think restaurants, healthcare, financial firms) just posted its strongest reading in over a year. So which is it? Is the economy…
Markets digested a surge in defense spending proposals and maintained cautious positioning on Thursday, with equities fractured between a small-cap rally to record highs and big tech weakness, while traders awaited Friday’s December employment report for clearer signals on the labor market trajectory. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: President Trump announced that the U.S. military budget for fiscal year 2027 should be increased to $1.5 trillion, up from approximately $1 trillion currently planned Japan Average Cash Earnings for November 2025: 0.5% (2.3% forecast;…
Oil has steadily climbed today, though not enough to recoup the losses on Tuesday and Wednesday.WTI crude is up $1.60 to $57.60, which is a nearly 3% gain and comes after yesterday’s decline to the lowest since December 17 and a threat of the five-year low set in December.WTI crude oil, dailyIt’s been a lively week in the crude market after the US kidnapped Venezuelan President Maduro. The fear initially was that would lead to turmoil but it appears to be mostly calm, at least for now.However the relatively painless operation may have emboldened US plans elsewhere, with Trump today…
The US Dollar (USD) posted decent gains, enough to maintain its optimism unchanged so far this year. Meanwhile, market participants remained cautious ahead of the release of the critical US labour market report at the end of the week.Here’s what to watch on Friday, January 9:The US Dollar Index (DXY) built on recent gains and surpassed its key 200-day SMA, flirting at the samet time with the 99.00 level, or multi-week tops. The Nonfarm Payrolls will take centre stage seconded in relevance by the flash U-Mich Consumer Sentiment print and speeches by the Fed’s Kashkari and Barkin.EUR/USD further extended its…
Vital Hil/iStock via Getty ImagesMajor U.S. defense contractors spent far more on shareholder returns than on new factories over the past five years, prompting President Donald Trump to demand an end to buybacks and dividends until companies boost investment. Lockheed Martin (LMT), RTX ( Source link
Prior was +0.5%Wholesale trade sales -0.4% vs -0.2% expIt’s not clear whether we will get the Atlanta Fed GDPNow tracker but there should be a big rise in the Q4 data due to strong trade numbers earlier. This reading will be a small drag but it was mostly priced in.The US wholesale inventories report is a monthly economic indicator published by the US Census Bureau that measures the dollar value of goods held by merchant wholesalers at the end of each month. These firms operate between manufacturers and retailers, selling goods to businesses, institutions, and other wholesalers. The data are…
Designed to provide broad exposure to the Foreign Large Value ETF category of the market, the VanEck Morningstar International Moat ETF (MOTI – Free Report) is a smart beta exchange traded fund launched on 07/13/2015.What are smart Beta ETFs?For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment.Because market cap weighted indexes provide a low-cost, convenient, and transparent way of replicating market returns, they work well for investors who believe in market efficiency.If you’re the kind of investor…
VictoryShares US Small Mid Cap Value Momentum ETF declares $0.0623 dividend Source link
As we begin 2026, Wall Street is remarkably optimistic. The S&P 500 has momentum from three years of bull market gains, driven by excitement around AI and the belief that the economy will achieve a “soft landing” (slowing inflation without a recession). But here’s the warning sign: A recent Bloomberg survey found that ALL 21 market strategists predict the market will rise in 2026! This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus…
If there’s one spot that investors should look to amid all the fiscal risks in most major economies and the de-dollarisation narrative, it’s Asia ex-Japan (AxJ). The US has its own set of issues and so does Europe, and with Japan also facing a power struggle between the government and central bank, there are clear considerations for a shift of money to the other side of the globe.That is what we saw happen in 2025, despite the first half of the year being littered by risks of Trump’s tariffs. And we’re seeing sentiment continue to build towards that again as…