You know 0.1% is Month-on-month increase right? Wage growth is 4.45% Year-on-year. Does the chart on average hourly wage wage tell you that US workers are poorer? image

The US Employment Situation - Apr 2018

Since the NFP report is out, there is not need to speculate as you have done. Apr 18 reentrant worker 2,009,000 vs Mar 18 reentrant worker 1,967,000. There is an increase of 42,000 reentrant worker for last month. So it is a fact now and not an ...

The US Employment Situation - Apr 2018

The actual number is not that significant because market expectation is already expecting moderation of employment number given that the economy has almost if not already reached full employment. The key focus in on the wage growth which is the ...

Because Jobs in the U.S. are doing so well, Americans receiving unemployment aid is the lowest...

He is referring to the jobless claim number which was released yesterday and already seen by the whole world. He is not referring to the NFP. image image

Because Jobs in the U.S. are doing so well, Americans receiving unemployment aid is the lowest...

Car door open visual and audio alerts are pretty common features in modern day car. Does that also mean that specialized built-for-purpose armored vehicle used for transporting cash has no forms of alert that its vault door is opened to the extent ...

Cash spilled by armored truck causes chaos along highway

I am always amazed at how every time such thing happen, the dollar bills will all be SCATTERED individually in loose pieces all over the place. Common sense tell you that before money is transported, it has to be counted and accounted for and again ...

Cash spilled by armored truck causes chaos along highway

I agree with you on most part that you said. Fundamental analysis of macroeconomics applicable to such social-political instrument as currency added a lot more complex elements to the analysis against the much more simple profit-driven dynamics of a ...

US dollar slipping post FOMC with US/China trade back in focus

The first skill to develop for fundamental analysis is to sieve noise from the data/report. That means the ability to identify what is noise and what is not noise. This takes experience and time as well as understanding of the dynamic behind the ...

US dollar slipping post FOMC with US/China trade back in focus

Sound dovish to me. "Disappointing" is repeated multiple times in the comment section. The commenting opinion is that May rate hike is pushed out and Nov rate hike is questioned. The current reading is "the second-weakest since September 2016.". The ...

UK service sector remains in slow lane

BTW, for Fed Fund rate, there is 30-day Fed Fund Future. Do you know of any similar instrument for ECB and BoE fund rate? The nearest that I know of is the OIS (Overnight Index Swap) which is not exactly the most straightforward to decipher.

Fed's Hawkish Hold

I don't normally monitor Fed Fund future, and was waiting for someone to clarify this. But since no one clarified, I thought I will give it a try. Please do independent verification of what I said. The 30-day Fed Fund Future contract capture and ...

Fed's Hawkish Hold

If anyone can tell you with surety, it is confirmed a lie. The basis for a functioning market is none other than uncertainty. It is uncertainty that drive and sustain a market. Trading decision carries an element of uncertainty and risk. The more ...

Federal Reserve issues FOMC statement

It does. When they close, it translate to another trade on the market. That is why I see the biggest risk to USD bull camp is the current huge short position in USD in the market. If they unwind, it will create a huge momentum in favor of USD ...

Federal Reserve issues FOMC statement

Just my personal view only. For fundamental trading, if your stop loss is anything below 100 pips, it tends not be effective. For big boys, their stop loss is in terms of percentage of the currency move (they don't measure in terms of pips). Take ...

Federal Reserve issues FOMC statement

Let break down the statement: (1) Introducing "on average" in "Job gains have been strong, on average, in recent months" to reflect that recent number has moderated but still stay above recent months average. (Slight dovish) (2) Introducing "while ...

Federal Reserve issues FOMC statement

That very same low levels of education is also responsible for electing the government of the day. That same low levels of education was also responsible for electing the government of the past which brought UK to its current day of prosperity and ...

Brexiteers threaten to bring down the Government over any customs union deal

What is even more unacceptable is they use the same color. Outrageous. Sue their pants off for daring to use the same color.

Tesla sued for more than $2 billion, accused of copying design of Nikola hydrogen trucks

Both IHS Markit and ISM manufacturing PMI showed very good results. The caveat is that there are indications of slowing down in related measures EXCEPT price which is the all important measure that Fed is closing watching. For details, please go ...

ISM manufacturing index hits 57.3 in April; construction spending down 1.7% in March

Entertainment.

CEO of supermarket chain caught singing 'We're in the money' after $10 billion deal with...

Just try this for experiment to see for yourself: Open a trade with a good trade size (say 10-100 standard lots), and don't put in a stop-loss. Keep the trade open. For best observation experience without the market noises, choose a period when the ...

Which is the strong emotion, gain or loss?