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It was a strong week for the stock market as equities continued their incline from the week before, after the Fed sounded dovish and NFP printed below-expectations. The US Dollar has so far shown a gain on the week but it’s moderate and likely a symptom of the 105.00 support level that was in-play on Monday. The big focus for next week is the US CPI report ...
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Consumer sentiment slumped as inflation expectations rose, despite otherwise strong signals in the economy, according to a closely watched survey released Friday. The University of Michigan Survey of Consumers sentiment index for May posted an initial reading of 67.4 for the month, down from 77.2 in April and well off the Dow Jones consensus call for 76. ...
Sessions