Details of the US labour market conditions index 11 May 2015
- Prior revised to -1.8%
Following the NFP data the market doesn't give a hoot for this number which incorporates 19 labour market indicators
Following the NFP data the market doesn't give a hoot for this number which incorporates 19 labour market indicators
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Lean hog futures climb on strong hog prices, but CME Lean Hog Index dips. Robusta coffee surges on Vietnam crop fears.
Cotton futures shed points, with Oct down 62 cents. Crop conditions dip, ginnings lag YoY. Cotlook A Index falls.
PBOC sets USD/ CNY central rate at 7.1057 (vs. estimate at 7.1066). PBOC allows the yuan to fluctuate within a band around a central rate. It's currently at +/- 2%.
Corn futures dip 1-2.5c on harvest pressure despite strong export sales to Mexico. Crop conditions lag.
Wheat futures slide on harvest pressure, but exports are up 17.9%! Robusta coffee surges on Vietnam crop fears.
Gold hits $3,749.27 all-time high on ETF inflows, shrugging off Fed caution. Silver rallies near $44.
Indexes hit new highs! S&P 500 up 0.4%, Nasdaq +0.7%. Nvidia & Oracle lead rally on AI & TikTok deals.
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