Despite VIX Collapse, S&P 500 Rally Stalls But USDJPY Tumble Catches Ahead of NFPs

There was no small measure of fundamental whiplash this past session. Despite the Fed’s favorite inflation indicator cooling on the back the market’s positive take on Powell’s remarks, the S&P 500’s breakout stalled. Nevertheless, the VIX dropped below 20 and the Dollar has finally broken its 200-day SMA. What will NFPs bring?

Dow Rally Falters Despite Cooler Inflation, NFPs Now an Open-Ended Event

The US indices – led by the blue chip Dow Jones Industrial Average – were knocked off course of a bullish breakout just a day after the initial launch. The monetary policy backdrop seemed to build upon Powell’s remarks Wednesday, but manufacturing activity brings recession concerns back into the mix. What will NFPs do?

Bitcoin Prices Humbled by Resistance – BTC/USD Slips Below $17000.

Bitcoin prices have fallen back into a narrow range of technical support and resistance that has restricted bulls or bears from gaining traction.

USD/ZAR Rallies as SA President Ramaphosa Faces Potential Impeachment

USD/ZAR has rallied after a panel found SA President Cyril Ramaphosa guilty of violating his oath of office. Will the president resign, or could he be impeached?

USD Breaking News: Core PCE Data Leaves Dollar on the Backfoot

The US dollar continues its downward trajectory after the core PCE statistic showed support to Fed Chair Jerome Powell’s dovish statement last night.

Mongolia Mining Production

Mining production in Mongolia decreased 93.70 percent in September of 2022 over the same month in the previous year. Mining Production in Mongolia averaged -3.41 percent from 2010 until 2022, reaching an all time high of 102.40 percent in July of 2010 and a record low of -126.20 percent in October of 2021. This page provides - Mongolia Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States 3 Year Note Yield

US 3 Year Note Bond Yield was 4 percent on Friday December 2, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 3 Year Note Yield reached an all time high of 9.11 in May of 1990.

United States 5 Year Note Yield

US 5 Year Note Bond Yield was 3.70 percent on Friday December 2, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 5 Year Note Yield reached an all time high of 16.27 in September of 1981.

United States 7 Year Note Yield

US 7 Year Note Bond Yield was 3.63 percent on Friday December 2, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 7 Year Note Yield reached an all time high of 16.05 in September of 1981.

United States 30 Year Bond Yield

US 30 Year Bond Yield was 3.64 percent on Friday December 2, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 30 Year Bond Yield reached an all time high of 15.21 in October of 1981.