Forex Winner

Source: Bureau of Labor Statistics Rapid recoveries of the U.S saw the economy register a record 9.3 million jobs openings in April. SPY gains +0.052% on news, DXY is up +0.12%. The job openings were higher than March’s 8.3 million and more than expected 8.18 millionThe hire rate remained low at 69,000, unchanged from the previous month at 4.2%Quits, which measures … [Read more...] about U.S Job Recoveries Continue with a Record 9.3M Employment Opening

Source: CNN Most Americans continue to park the last rounds of economic stimulus they received in banks. Bank of America Chief Executive Officer Brian Moynihan said most clients of the bank have not yet spent about 65% to 70% of the most recent stimulus paychecks.The United States released $804 billion to individuals and families classified as low and middle income … [Read more...] about Americans Are Still Holding on to Their Stimulus Paychecks – BoA

Source:  Bureau of Economic Analysis U.S narrowed its international trade deficit to $68.9 billion in April, from $75 billion in March. DXY reacts to news +0.10%, SPY sheds -0.11%. U.S exports in April jumped by $2.3 billion from March to reach $205.0 billion. Imports in April slipped by $3.8 billion from March to $273.9 billion in April. Overall year to date … [Read more...] about U.S Cuts Trade Deficit by $6.1 Billion in April

Source. WSJ Owners of $100 options are betting that oil prices will hit $100 a barrel towards the end of the year. CL! is down 0.26%. Having seen oil surge at least 40% this year, the option traders see it gaining momentum as coronavirus restrictions are loosened.  A price of $100 in prices  will see oil reach a milestone hit in 2014. Analysts have cautioned … [Read more...] about Will Commodity Markets See a Return of $100 Oil? Option Traders Keep Bets